President Obama's attack, during the final debate, on Mitt Romney's critique of the auto industry bailout was 100% false, i.e., a bald-faced lie.
When Romney said, during the debate, that in 2008 he favored a managed bankruptcy for Detroit's auto makers, with federal guarantees for post-bankruptcy financing, Obama directly claimed this was a falsehood, repeatedly saying, "Check the record."
Here's the record, via Mitt Romney's New York Times op-ed from November 18, 2008. Allow me to quote one representative sentence from that op-ed:
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