Leading GOP candidates wanted President Obama to let the U.S. auto industry melt down — Keeping GOP Honest: "“I called for a structured bankruptcy from the very beginning. Look, I opposed the Wall Street bailout, which of course was the funding source for the auto bailout. I was the only one up on that stage—between myself, Gingrich, and Romney—that did on principle oppose it, even though people were saying there could be a financial meltdown. The bottom line is, the greater meltdown over the long term for this country is having the government inject itself into the private sector in such a huge way. Allow the capitalist system to work, and that’s what I believe in.”"
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