On the recordMarch 29, 2009
President Obama had no good choices. And what they have decided is, we couldn't get the bondholders to agree to any kind of out-of-court settlement.
Source
transcripts.cnn.comPresident Obama had no good choices. And what they have decided is, we couldn't get the bondholders to agree to any kind of out-of-court settlement.
Discussing the difficult decisions faced by President Obama regarding the auto industry.
Share & report
More from David Gergen
No, their problem is Anderson, he's got more support back in their districts in their states than they do and that gives him enormous -- it gives him enormous leverage against them.
If it is true, it's a dishonorable act and voters have to this November decide whether they want to discharge him or not.
I think there ought to be a delegation of Republicans like Mitch McConnell who ought to be talking to the President.
I think the evidence is still coming in that this country is deeply divided.