no such funds available. Credit was still frozen, and nobody was willing to bet on the American auto industry, except for President Obama and Congressional Democrats. Their plan was roundly criticized by conservatives at the time--including Mitt Romney. But the administration's plan worked, and was in fact essential to saving perhaps millions of jobs.
In his latest scurrilous ad campaign, Romney also repeats the lie that Chrysler is now planning to move existing American Jeep operations to China. This statement was based on an inaccurate report by Bloomberg, which has been thoroughly discredited. Nevertheless, the Romney campaign continues to repeat the lie, and refuses to comment on Romney's inaccurate use of the false Bloomberg story in a speech on Thursday.
Once again, we have to rely on the American people's good sense and memory of recent history, because we cannot trust the Romney campaign to tell the truth.