The Washington Times, a conservative publication in D.C. which loves to hate Obama, tries to weigh in on the Detroit bankruptcy with some I-told-you-so wisdom.
Unfortunately, the editorial page has its facts all messed up.
An editorial published Tuesday confuses Detroit's bankruptcy with the bailout of the car industry.
Note to Washington Times: Read the Washington Post and maybe you'll learn something.
In its anxiousness to take a swipe at President Obama (you'd think there would be enough legit fodder with Obamacare) the Times writes:
Another day and another of President Obama’s campaign boasts bites the dust. While out on the hustings last year, Mr. Obama pummeled Mitt Romney for writing a 2008 op-ed column in The New York Times titled “Let Detroit Go Bankrupt.”
The Republican nominee sensibly argued that bankruptcy would force the city to go through a drastic — and necessary — restructuring of its finances. Mr. Obama, on the other hand, boasted, “We refused to let Detroit go bankrupt. We bet on American workers … and that bet is paying off.” Until Tuesday.
U.S. Bankruptcy Judge Steven Rhodes cleared the way for Detroit to do exactly what the president promised would never happen: file for Chapter 9 bankruptcy protection. It’s as though the president had told Detroit, “If you like your budget and spending plan, you can keep it.
Wrong wrong wrong.
If the presidential campaign were still going on, perhaps Obama could have retorted:
"It's the car industry, stupid."