As expected, the so-called auto bailout of 2009 has become a major talking point in the run-up to the 2012 Presidential Election. Somewhat surprisingly, however, both sides of the aisle are taking credit for the success seen by General Motors and Chrysler since the two automakers were pushed through a structured bankruptcy process.

Presumptive Republican nominee Mitt Romney has said he deserves "a lot of credit" for the resuscitation of the auto industry due to his suggestion of a managed bankruptcy of the two automakers. President Obama, on the other hand, points out that Romney was very vocal in his opposition to the auto bailout, frequently citing the editorial he wrote for the New York Times in 2009 titled "Let Detroit Go Bankrupt," in which he said the auto industry was "virtually guaranteed" to fail if Obama's bailout proceeded.

Building on previous advertisements highlighting the auto bailout of 2009, the Obama campaign has released two new videos touting the success of the automakers since the dark days of bankruptcy. Scroll down below to watch the videos for yourself.




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  • 141 Comments
      k_m94
      • 2 Years Ago
      I predict this page will well over 200+ comments within 24-48 hours or so, broken up as follows: Anti Obama: 45% Pro Obama: 40% "GRR, Politics on a Car Forum/Autoblog is Huffpost": 10% Advertising spam/bots: 5%
        ragtopdodge
        • 2 Years Ago
        @k_m94
        Most car nuts are white men. Most white men hate Democrats, so no surprised most here hate Obama. And those who REALLY hate him...just plain racist.
          Luke
          • 2 Years Ago
          @ragtopdodge
          Hahahahah, Larry. Couldn't have said it better myself.
          BTCC
          • 2 Years Ago
          @ragtopdodge
          ragtopdodge is clearly BIll from Buckhead. Bill, who is black, is one of the most racist posters here.
          over9000
          • 2 Years Ago
          @ragtopdodge
          I'm not white and I wouldn't vote for Obama if I had the option, I wouldn't vote Romney either. In fact, I'm just not going to vote.
      Jerry Groff Jr.
      • 2 Years Ago
      Forward to Chicago on January 20, 2013. The end of an error. Romney 50% Obama 43%
      SooooRight
      • 2 Years Ago
      Obama is a criminal douche-bag.
        speedjohn
        • 2 Years Ago
        @SooooRight
        Why does so much southern white trash read AB? I'm surprised they even have internet down there.
        Joe
        • 2 Years Ago
        @SooooRight
        YES YES AND YES!!! HE DIDN"T BAIL OUT THE AUTO INDUSTRY GM STILL FILED BK!!! HE BAILED OUT AND SAVE THE UNIONS so the entitled belligerent union workers would continue to vote for him!!! HE DIDN'T SAVE AMERICA HE BOUGHT VOTES WITH MY TAX MONEY...Oh AND I'M A SALES MANAGER AT AN AUTO DEALERSHIP BUT I'M NOT GOING TO RUN FROM THE TRUTH OF WHAT OBAMA DID!!
      Jerry Groff Jr.
      • 2 Years Ago
      Forward to Chicago on January 20, 2013. The end of an error.
      David Hu
      • 2 Years Ago
      You can hate/love Obama all you want, but as a CAR ENTHUSIAST, I'm happy to see a reborn Dodge Viper soon to be running about on the street. I have no political agenda, just a lifetime love for cars, and on THIS blog, that's all I need.
      westbrooks01
      • 2 Years Ago
      I love President Obama. It took an amazing person to come from a middle class background, go to two Ivy League schools, become the Editor of the Harvard Law School and then become a community organizer and Constitutional Law Professor. Then the man wins the presidential election fair and square even though he was accused of being a Muslim and Kenyan-born. After he becomes President, he overhauls the entire healthcare industry and turns around our economy, which is now creating jobs. THEN, on top of all that, he sticks his neck out for marriage equality. I LOVE PRESIDENT OBAMA. What an amazingly brave man.
        alexkoolur
        • 2 Years Ago
        @westbrooks01
        ohhh please MOST successful people in this country come from middle class backgrounds, who cares about all the intellectual crap he did, he has ZERO private sector experience in MANAGING anything to a success, hence why he has NO IDEA how the economy works, nor how to grow it. Bailing out unions is great if you are a union worker, NOT the taxpayer who takes the hit on such a poor investment of capital.... America has truly lost it's way with this "too big to fail" "bailout" state....the irony is America is broke, so the solution is to go further in debt....lol...as if that has worked anywhere in history.
          ragtopdodge
          • 2 Years Ago
          @alexkoolur
          Really? So Mitt the "expert" in business, said that GM and Chrysler would be doomed if they took out bailout money??? Mitt, the same guy who totally supported the bank bailouts??? But wants not only zero regulation on banks, but zero regulation on anything. Yeah, that makes me feel safe about our banking system. He wants a wild west casino.
          Luke
          • 2 Years Ago
          @alexkoolur
          @posmopar: I'd take that to government running every aspect of my life. Case in point: his new "Life of Julia" or whatever it is. Big fail. Government, government, government. That is NOT what this country is about.
          3szoom
          • 2 Years Ago
          @alexkoolur
          The government is not a business. Business experience does not make a good president.
          OptimusPrimeRib
          • 2 Years Ago
          @alexkoolur
          And Mitt's experience is to lay off thousands, suck a company dry, and dump? Io wouldn't be surprised if he tried liquidating the country if he became President.
        caddy-v
        • 2 Years Ago
        @westbrooks01
        Openly admitted to eating dog, admitted to using cocain, admitted bullying a black girl in his school, now says he sometimes forgets there is a recession, never was a college professor (he only lectured and said several times the Constitution only gets in the way of his agenda), destroyed healthcare though only fools could never comprehend it, never created a job in his lifetime (some 70m plus now out of the workforce and true unemployment, the F6 numbers show 14%, flip-flopped on gay mariage since he was in the Illinois senate having at least 5 different views never in support of it until the North Carolina vote. What an amazing con-artist.
          the.ting
          • 2 Years Ago
          @caddy-v
          Changing one's position as one learns, grows and matures is considered flip flopping? You would rather believe the world is flat wouldn't you? You've never changed your mind because you learned something new, gained new knowledge and insight on something? Oh right. You're a "conservative" who is anti-learning, anti-intellectual, anti-anything even if it's good for you. All you know to do well is to say "no" and bring nothing constructive to the table.
          flychinook
          • 2 Years Ago
          @caddy-v
          Who gives a crap if he ate dog meat? It's perfectly acceptable in many countries. Remember, some people keep potbellied PIGS as pets... but eating bacon is just fine. And I really don't care if he tried cocaine either. If he was still using it, yeah that would be a problem. But he isn't. And I'd rather people did cocaine than drive drunk (Like 'ol GW Bush got caught doing in 1976). I wonder what kind of things you've done that you're not proud of. I know I have a few. But part of being an adult is being able to move past that, learn from it, and become a better person.
      • 2 Years Ago
      [blocked]
        tump
        • 2 Years Ago
        Bush didn't put any of the war debt on the balance sheet and lied about the costs. Obama rightly put those losses on the balance sheet. How you people fail to reconcile that is beyond me. Professional twits.
        • 2 Years Ago
        [blocked]
      speedjohn
      • 2 Years Ago
      GOP Teabaggers are douche bags. The only reason they're pissed is because the auto bailout worked and they cannot relocate ALL the plants down in the poor southern states with cheap labor. It's the only reason why foreign companies are building factories down there. The people are too stupid to unionize and they can build the factories that practically fully automated, but need someone with a high school level education to turn "something". So no tariffs for the foreign companies and they can pay wages far lower then their own countries. The southern states are also welfare states too - they get far more federal tax dollars than they send to Washington. Sad.
        Jason Krumvieda
        • 2 Years Ago
        @speedjohn
        Wow! I thought liberals were not supposed to be racists.
          BTCC
          • 2 Years Ago
          @Jason Krumvieda
          Liberals are THE worst racist on the planet. Especially black Liberals. By far the worst examples of racism come from Al Sharpton, Jesse Jackson, Jeremiah Wright...
          Dr. Claw
          • 2 Years Ago
          @Jason Krumvieda
          Racists?! Do you accept eating the poo poo? He did not say anything about race in that comment. He called Tea Party Republicans "douchebags". A race-neutral, gender-neutral, yet pejorative statement. He called people in the South who shill for big business "stupid" because they do not unionize. He criticizes the hypocrisy of many Southern states, represented by people who resent the "welfare state" and "big government", yet who collect more money from the federal government than they contribute. Not one comment was pointed (coded, or otherwise) toward any specific race or ethnicity. And you call HIM a racist? Just say you disagree and figure out what it is you disagree about before commenting. This is why the people call conservatives DOUCHEBAGS.
      Luke
      • 2 Years Ago
      Forward...off a cliff.
      Larry
      • 2 Years Ago
      One small correction to this article: It was the Bush Administration that constructed and enacted the Auto Bailout. Not Obama's.
        robespierex
        • 2 Years Ago
        @Larry
        No it wasn't... it was Mitt Romney.
        Luke
        • 2 Years Ago
        @Larry
        The initial, small one, yes. The huge honkin' one, no. That was Obama.
        the.ting
        • 2 Years Ago
        @Larry
        And the initial one, like the bank bailouts then, were handed out with no stipulations.
      Spies1
      • 2 Years Ago
      Obama, driving the Country FORWARD, over a cliff!
      Jake
      • 2 Years Ago
      I thought he was focusing on gay marriage so we wouldn't notice his record on the economy and stuff.
        Lantern42
        • 2 Years Ago
        @Jake
        You mean the part where his policies ended the recession and started netting positive gains in the job market?
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