Flake agreed on a need to redo the bill, describing it as being "out of whack."
ROMNEY: I wrote in my Op-Ed piece, look, these companies need to go through managed bankruptcy. And the head of the UAW said "We can't; the industry will disappear if that happens." And the politicians, Barack Obama's people, "oh no, we can't go through managed bankruptcy." They wrote $17 billion in checks to the auto companies in 6 months. Then they finally realized I was right. They finally put them through managed bankruptcy. Those monies they put in beforehand--it was wasted money. And because they put that money in, the president gave the companies to the UAW, they were part of the reason the companies were in trouble. Giving these companies to the UAW was wrong
Q: Mr. Speaker, that's a tough one--a major American industry, in a time of trouble....
GINGRICH: It's not tough. There was a huge amount of the American auto industry that was just fine. BMW in South Carolina was terrific. Mercedes in Alabama was doing just fine. Honda in Ohio was just fine. Toyota was just fine. What we have is the United Auto Workers and a management system that had grown incapable of tough decisions because they were used to selling out to the UAW . And so they came in and said, oh we can't change. And this president on behalf of the UAW said, you're exactly right. I think that they would have been much better off to have gone through a managed bankruptcy. I think what would have happened is the UAW would have lost all of their advantages. [The actual] result was an unprecedented violation of 200 years of bankruptcy law by Barack Obama to pay off the UAW at the expense of every bondholder.
First, I am announcing the formation of a Governor's Jobs Cabinet. This team of key state agency directors will cut through the red tape--and the green tape--to speed job creation.
Second, I will be allocating a significant portion of remaining federal stimulus funds directly to bring new jobs to Arizona. Specifically, I am devoting $10 million in one-time federal stimulus funds for job training. That way our employees will be ready to work.
Third, I have created the Governor's Commerce Advisory Council. Working with other Arizona business leaders, they will transform the Department of Commerce into an engine for job creation. Finally, I will convene a summit of leading CEOs to discuss job creation opportunities in Arizona.
A: Iíve got policies to continue to grow our economy and create jobs. Hereís some help for you to go get an education. Hereís some help for you to go to a community college. Weíve expanded trade adjustment assistance. We want to help pay for you to gain the skills necessary. The best way to keep jobs here in America is to make sure our education system works.
A: I donít blame them entirely for it. I blame Bush for the things he could do that has an impact on it. Outsourcing is going to happen. Iíve had shop stewards say, will you promise me youíre going to stop all this outsourcing? I canít do that. What I can promise you is that I will make the playing field as fair as possible, and make certain that the tax system is not subsidizing the loss of your job.
|2016 Presidential contenders on Jobs:|
Mayor Rahm Emanuel(IL)
2016 Third Party Candidates:
Mayor Michael Bloomberg(I-NYC)
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