Romney's quicksilver Detroit turnaround

Can anyone stand yet another picking over Romney's actual position(s) regarding the Detroit bailouts?

Despite the reams that have been written, what Romney actually recommended in his now-famous Nov. 2008 op-ed and in subsequent elaborations remains elusive -- as is generally the case when you're dealing with a consummate bullshitter. Still, I've combed some of  his pronouncements from November 2008 through June 2009 and would venture to clarify a few points:

1) Romney never called for the liquidation of GM or Chrysler. That much should be obvious -- though his call for a "managed bankruptcy" to commence immediately upon the companies running out of money following their request for government aid in November 2008 would probably have led to liquidation.

2) By pronouncing "Detroit needs a turnaround, not a check," Romney set up a  false choice. As the event proved, GM and Chrysler both needed both -- first one, and then the other.

3) In calling for a "managed bankruptcy" in his November 2008 op-ed, Romney did not explicitly recommend a privately funded turnaround.  Rather, with a calculated vagueness that has since become numbingly familiar, he left unstated how and by whom the companies' continued operations would be funded.