Barack ObamaAudio and Video

“…Barack Obama at the White House you've been listening to a presidential statement from CBS news. A very soon will be hearing details of the bankruptcy filing from the president and CEO of General Motors Fritz Henderson. So please stay with CBS news for more radio coverage and of course CBS news.com. Right now let's turn to Keith Crain. Your publisher and editorial director of Automotive News I'm I'm thinking historically Keith just last year General Motors celebrated its 100 birthday. And now President Obama has made it clear that while he says GM will survive. But it will not be nearly as big as it used …”

“…This is -- CBS news special report President Obama on the car industry. I'm Dan Aviv in Washington mr. Obama has to speak in the White House this on the David General Motors filed for bankruptcy reorganization. And Chrysler's bankruptcy plan to be taken over by fiat of Italy a moves ahead in court. CBS news White House correspondent Peter -- that the fact that mr. Obama is going to be talking about the automotive industry. In the past few said he didn't want are really run the industry …”

“…difficult. But very important day for travellers corporation. You'll hurt president Obama's comments. Received copies of -- press release. So let me offer a few observations before opening up for your questions. Today. Marks …”

“…entire GM team. Some sincere thanks are in order starting with President Obama and his automotive task force of the US Department of the Treasury. And especially. The American and Canadian taxpayers. For the opportunity. …”

“…mentioned who Generali company when you reply to Susan's question. Do you Obama administration insist -- will not in any way interfere with the day to day operations of this new company. But who will …”

“…At the end of December. The extension of time given by President Obama. . On March authority at the completion of Chrysler. And now the completion of General Motors has been a long road. Far union …”

“…would not have been here at the end of January. If President Obama can step forward and give us an extension it would -- and over and everything would have been lost. This was a …”

“…bankrupt company because I'm worried about replacement parts and warranty. But President Obama has already given a guarantee for windows a second worry about bankruptcy for the people that work there. Is that they will …”

“…made the required with that was also the same time that the Obama administration outlined its plans for General Motors so it's. I hate to say it's an oversimplification to say the Treasury Department calling …”

“…While it sounded. To me like. Automotive panel number. President Barack Obama has said that we need to make sure if General Motors goes in the bankruptcy taking it out quickly. And five plants …”

“…an absolute farce let's get all of our lives shall wait and Obama. . Idea I just don't get Obama I really don't. Because -- he C says it like he's everybody's daddy looking after us but everything he does just puts …”

“…let's look at the timing of the newest a little gem from Barack Obama. . The automobile companies are in disarray two of them are on life support the third one we don't know because they haven't. …”