Gag me with a chainsaw: Mitt Romney: 'I'll Take a Lot of Credit' For Auto Industry Recovery --Romney penned 2008 New York Times op-ed, 'Let Detroit Go Bankrupt.' 08 May 2012 Despite his 2008 call to "let Detroit go bankrupt," presumptive Republican presidential nominee [American Crossroads wh*re] Mitt Romney said Monday that he would "take a lot of credit" for his impact on the U.S. automobile industry's comeback. During an interview with WEWS-TV in Cleveland following a campaign stop, Romney said his views helped save the industry. "I pushed the idea of a managed bankruptcy," Romney said. "And finally, when that was done, and help was given, the companies got back on their feet. So I'll take a lot of credit for the fact that this industry's come back."