2012-10-29

Papers Pick Their Guy

The Des Moines Register endorses Romney.

NYT, erm, Obama. Predictably. They haven't endorsed a Republican candidate since 1956.

Meanwhile, 12 000 show up in Ohio to hear Mitt speak.

There seems to be a misunderstanding of what "filing for bankruptcy" means. I don't know the details of GM, but filing doesn't mean the business shuts down. All it does is gives a "reprieve" through restructuring while keeping a company in operation. While it's a little more complicated and obviously depends on cases, that's the main crux of it.

Could GM have "filed" and succeed? I don't know but I suspect the bail out wasn't a long-term solution.


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