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Business, if they can't make it, we need to let them go belly up. there were other people who said, look, we're facing the biggest credit crisis this country has faced since the great depression. they can't borrow the money they need, should we let them go bankrupt because they are in this kind of problem when the entire country's financial situation -- financial industry is having this kind of problem. and that's -- i think it was, you know, a legitimate decision to say we're going to lend them that money. not everybody supported it, though, and romney didn't. >> i want to bring in bruce baum...

Will be cut back and places will be furloughed and you'll be rehired in, so people had a real ear for when someone says something on the campaign trail, like, they're closing down your plant. >> well, bruce works with a local -- i used to know when i was in toledo a guy named oscar bunch who was the head of the local there before bruce and oscar, great trade unionist, used to say that my people in the plant have been through so many cutbacks, so many layoffs, so many closings many bumped into other plants that closed because can do it in the uaw plan, and in toledo when plant after plant after...

We've added since they hit bottom in 2009 we've added 250,000 jobs in the auto industry in the united states, including parts and manufacturing -- you know, including small parts. but that has been the success, and we have to accept that. trying to tear that down it's just not factually correct. >> here's my question and this goes to you, bruce, i was talking to someone in finance yesterday who was involved in watching this process unfold from the financial perspective in terms of making bets on where the stock was going to go and how creditors were going to be worked through in the managed ba...

Really terrible, terrible things. i think bruce will back that up, that there are people whose lives are so wrapped up in having this work in towns that don't have a lot of other options, you play with this kind of stuff, you play politics with this, you're in a dangerous game. >> bruce? >> i think actually that's what happened, i think it backfired when the comments first came out last weekend there was that real fear throughout the community for two or three days. but now that it's been cleaned out by a lot of different sources, it's turned into a different thing. all i'm hearing now from my...

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