tag:blogger.com,1999:blog-16531245.post3095931631995661877..comments2023-09-28T08:06:35.641-04:00Comments on Meanwhile, back at the Ranch...: Guest post: the auto industryel rancherohttp://www.blogger.com/profile/03481794179892215503noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-16531245.post-49987451804212616672008-11-23T22:53:00.000-05:002008-11-23T22:53:00.000-05:00Very nice, and all great points.To me, and I hate ...Very nice, and all great points.<BR/><BR/>To me, and I hate to say it, but Mitt Romney's NYT op-ed was actually very helpful. He argued that Chapter 11 isn't something we should just dismiss out of hand, because it has helped numerous companies become more competitive. After all, that's pretty much its sole purpose! Romney's major flaw, of course, is the same one that afflicts conservatism in general these days, specifically that he advocates sweeping benefits cuts to address the crippling extra expense for the automakers' bottom lines, but then has nothing to offer to workers in return for pulling their pensions, pay raises, and insurance co-pays out from under them.el rancherohttps://www.blogger.com/profile/03481794179892215503noreply@blogger.com