Watching Ed Gillespie and his colleagues, the campaign consultants charged with trumpeting Mitt Romney’s message, is, well . . . painful.  This morning on Fox News Sunday with Mike Wallace’s boy, the host, as the mainstream media routinely does, averred again the only salvation for the failing auto industry was the Obamacar plan; the one that stripped bondholders of their contractual rights; the one that rewarded the United Auto Workers with ownership of General Motors and Italian investors Chrysler; the one that shuttered more than 1,000 auto dealerships; and the one that gave us The Volt. The host declared that the alternative was “Chapter 7 liquidation and all the jobs lost.” (As if he knows how bankruptcy works.)

The proper response was not Gillespie’s, “That’s one opinion.” The proper response is of course, “airlines!” Each legacy carrier has taxied into Chapter 11 and flown out without Mr. Obama’s assistance. They used Chapter 11 as prescribed by Congress, and in which all of the participants have knowledge of their rights and privileges. It works. And cars are no different in principle that say, the steel industry,  a better example indeed. Much of it is now owned by foreign companies, just as Mr Obama arranged for Chrysler. And we still have steel and we have steelworkers.