Obama Not Interested in Running Automakers

WASHINGTON (AP) - President Barack Obama says the government
should help Chrysler and General Motors stabilize but then should
get out of the auto business as quickly as possible.
The government is working on ways to help the two struggling
auto giants survive with public money and increased federal
involvement.
Said Obama: "I don't want to run auto companies ... I've got
more than enough to do."
The president said the government should not micromanage but
that it does have the right to scrutinize what the auto companies
are proposing.
He said his goal is to prevent a breakdown of the auto industry
that would "affect everybody."
The president spoke Wednesday at a prime-time news conference in
the East Room of the White House.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

AP-NY-04-29-09 2110EDT