WILLARD MITT ROMNEY wanted Detroit to go bankrupt, without any way of saving jobs. It would have destroyed our auto industry and allowed a takeover by Japan. In last night's debate, ROMNEY admitted that fact, de facto, by naming 7-ELEVEN, which emerged from bankruptcy a Japanese company.
And one thing that the — the president said which I want to make sure that we understand — he — he said that I said we should take Detroit bankrupt, and — and that's right. My plan was to have the company go through bankruptcy like 7-Eleven did and Macy's and — and — and Continental Airlines and come out stronger.
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