As Jimmy Fallon and Dana Carvey would have said and did on Saturday Night Live- “Lookie, Lookie, Lookie.” The video link below may work, if not the transcript is below it.
Via POLITICO’s Juana Summers, Rick Santorum just lobbed a major shot at Mitt Romney over the auto bailtout:
“Governor Romney supported the bailout of Wall Street and decided not to support the bailout of Detroit.”
He made the argument that he was against the auto bailout, and bailouts of any kind, and that the industry would be thriving now without a bailout.
He also added: “I actually blame President Bush more than I do President Obama. President Obama was just following suit.”
UPDATE: Here’s the fuller quotes from Santorum:
“I take a little different position than Governor Romney. Governor Romney supported the bailout of Wall Street, and decided not to support the bailout of Detroit. My feeling was that we should not support, the government should not be involved in bailouts period. I think that’s a much more consistent position..
“By the way, it’s not the Obama administration. I know Governor Romney focuses on the Obama administration and the reason is because he supported what the Bush administration did. Well I didn’t. I opposed what the Bush administration did and have been a consistent critic of it. I was not in public life at the time, and certainly wasn’t back in 2008 considering any kind of run for office ever again, but I did make my opinions known within the administration that I thought what they were doing is wrong.
They plowed ahead anyway, and did some things I think were injurious to capitalism…What they should have done was let the market work, once they started picking winners and losers — does that sound familiar? — Once they started picking winners and losers, then the market decided since the government’s going to be involved, we’ll just wait for them to do it. And that led to a path of Wall Street bailouts and auto bailouts, where if we had just stayed out of it completely and let the market work, I believe the market would have worked.
“Would the auto industry look different than it does today? Yes it would be. Would it still be alive and well? I think it would be alive and just as well, equally if not better.”