Romney used federal bailout for Olympics, but opposed government loans to save auto industry

Updated

Mitt Romney is headed to Utah tomorrow to celebrate (translation: congratulate himself on) the tenth anniversary of the Winter Olympics that he claims he saved from scandal and financial failure.

But the Democratic National Committee will have none of it.  It’s out today with a new video attacking Romney’s hypocrisy about the whole Olympics matter.

Here’s the deal:  Romney tells us that his leadership of the 2002 Winter Olympics in Salt Lake City is one of three basic reasons he’s best qualified to be president (the other two being his record as governor of Massachusetts and running Bain Capital).

While Romney certainly deserves credit for turning the 2002 Winter Olympics around, and we give it to him here, he did it with $1.3 billion in TAXPAYER funding!

Yes, Mr. anti-government, anti-bailout, anti-earmarks reached into our pockets, got a whole pile of money, and then took full credit for turning the 2002 Winter Olympics around.

By the way, we’re not slamming the American taxpayer bailout of the 2002 Winter Olympics (some of which was requested before Romney took over).  After all, it was a fantastic event and paid significant dividends for the American people. 

But by doing so, the government, through a bailout, picked a winner, Mr. Romney.  So don’t turn around six, eight or ten years later and say loans to save the auto industry and jobs are out of bounds and think nobody’s going to notice the hypocrisy.

Oh, speaking of hypocrisy, the DNC ad shows a few clips of a disgusted Sen. John McCain, calling the Olympics bailout a “national disgrace.”  Keep in mind, McCain, the GOP presidential nominee in 2008, would endorse Romney for president in 2012. 

Ed will talk more about the DNC ad tonight on The Ed Show at 8pET on msnbc with Mike Papantonio, host of “The Ring of Fire” Radio Show, and Goldie Taylor, columnist for The Grio and Managing Editor of The Goldie Taylor Project.  

Olympics, Sports and Mitt Romney

Romney used federal bailout for Olympics, but opposed government loans to save auto industry

Updated