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I can see the perspective, but I doubt it will win Michigan for him. The problem with Mitt's argument, IMHO, was that the private capital wasn't there at that moment of freefall. Due to the credit crunch, it would have been a very disorderly bankruptcy, and a lot more suppliers and dealers would have gone under as a result. But in any case, I don't think Romney has much of a shot here in MI. He hasn't been running ads for some time.