Barack Obama actually said...

"It's a failure of leadership from Washington to Detroit that led our auto companies to this point."

"There are jobs that won't be safe. There are plants that may not reopen."

"This is not meant as a condemnation of Mr. Wagoner, whose devoted his life to this company and has had a distinguished career, rather, it's a recognition that will take new vision and new direction to..."

"But we've reached the end of that road. And so today I'm announcing that my administration will offer GM and Chrysler a limited additional period of time to work with creditors, unions and other stake..."