I have relied on prayer for health care all of my life.

I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.

What I've said repeatedly is, 'I think the auto industry is a very important industry.'

Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you take charge, people will follow.

I don't think a bankruptcy is a good thing.

Well, as you know, we're working through a difficult period in our financial markets right now, as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system.

There is no way to stabilize the markets other than through government intervention.