industry back on its feet. >> he is hoping that if he just keeps on saying how much he loves cars over and over again, that you won't remember he wrote an article, that was titled, let detroit go bankrupt. jenna: governor romney born in detroit, rejected the accusation that he wanted the auto industry to go belly-up. >> i said they need these companies, companies need to go through a managed bankruptcy and in that process they can get government help and government guaranties but they need go through bankruptcy to get rid of excess cost and debt burden they built up. jenna: this is not all about the auto bailout. let's fast forward to now. the white house is issuing this statement when it comes to filing of bankruptcy for detroit saying quote, the president and members of the president's senior team closely will monitor the situation in detroit while leaders on the ground in michigan and the city's creditors understand they must find a solution to detroit's serious financial challenge, we remain committed to continuing