"Any bailout of a private company is a bad decision by our federal government. Private companies have the right to succeed, but they also should have the right to fail."

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In order to make the tough decisions we have to know what our values are and who we're fighting for and our priorities and if we are spending $300 billion on tax cuts for people who don't need them and weren't even asking for them, and we are leaving out health care which is crushing on people all across the country, then I think we have made a bad decision and I want to make sure we're not shortchanging our long term priorities.

— Barack Obama