The Auto Industry Wants Bailout Money - Obama thinks 'It Is Critical' to Support Them

In an interview by NBC's Tom Brokaw on December 7th, President-Elect Obama states that the big three auto makers made 'strategic mistakes'. The CEO's of General Motors, Chrysler, and Ford Motor Companies state their case before the House Committe oon Financial Services a few days ago, and Obama now criticises them in the converation by Tom Brokaw. watch the MSNBC.com video below to see Barack Obama's view on the auto industry.