Election 2012

Romney Lies About Auto Bailout, Takes Credit

He's like a Chattie Kathie doll. Pull a string on his back, and out of his positronic neural net comes a gigantic whopper of a lie. This time, Romney is taking credit for the auto bailout -- you know, the one he opposed.

Despite his 2008 call to "let Detroit go bankrupt," presumptive Republican presidential nominee Mitt Romney said Monday that he would "take a lot of credit" for his impact on the U.S. automobile industry's comeback. [...]

"I pushed the idea of a managed bankruptcy," Romney said. "And finally, when that was done, and help was given, the companies got back on their feet. So I'll take a lot of credit for the fact that this industry's come back."

Both General Motors and Chrysler ended up taking the massive federal loans supported by both President Barack Obama and former President George W. Bush. The bailout included managed bankruptcy filings for both companies.

How does Mitt Romney sleep at night?

He doesn't. He powers down.