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bob lutz. he's a note and outspoken republican.rman at general motors during the auto rescue. he's considered running for office as a conservative republican and even bob lutz said that no bank would help. the banks he said were even more broke than we were. who had the money? he told that to the free press in february. loan guarantees, he said, don't do any good if the banks don't have any money. and as steven ratner who is head of the auto task force, he said in an op-ed not one would be lender not one had the slightest interest in financing those companies on any terms. and without financing the auto companies, their suppliers and everyone reliant upon that entire industry would have shut down and that means a million jobs. i think you know how i feel about president obama stepping in to finance the bailout the lender of last resort and save the auto industry and those million jobs. mitt romney knows about bankruptcy. lord knows he's taken enough companies through it. he knows that you need a substantial lender to keep a busines

michael porter, a professor at harvard business school, david walker of the come back initiative, and bob lutzmen, good evening to you all. bob, be a theater critic for me for just a moment. it's been said tonight that the president tried to engage repeatedly the governor into some sort of contentious fight. that's what challengers do. it's what you do when you think you're behind. do you agree? >> are you asking me? >> yeah, bob. >> sorry, i didn't get -- yes, that's what challengers do. but, you know, i think the natural advantage in this debate clearly went to obama. he has the daily briefs. he has been immersed in foreign policy. he has access to the cia reports. he is the one that meets with people around the world. so i think he had the natural advantage. and in my judgment, romney did exceptionally well, holding his own. he had the stature of a future leader of the united states. he looked calm. he looked confident. he had good command presence. and every time he was able to divert the discussion to questions of the domestic economy, i thought he was particularly strong. >> yeah, that's

let's bring in auto industry legend bob lutz now. former president of chrysler. ently bob sits on the boards of via motors. i want your reaction on this. >> because of all the actions he took, because of the calls he made, because of the determination of american workers and the unparallel of our special forces, we can now proudly say what you've heard me say the last six months. osama bin laden is dead and general motors is alive. >> pretty powerful as the former auto executive, is the auto bailout something that weighs heavily in the president's favor tonight? >> well, i think it's the one big accomplishment that he can point to. now, a republican president would have done the same thing. george bush, in fact, george w. bush started the bailout with the initial loans. then we had to transition to obama and he continued it. and i think the only unfortunate thing that mitt romney has to live down is that november 8th new york times op-ed piece where he essentially advocated the bankruptcy of the american automobile companies. and it sort of -- he has the reputatio

lutz and our own john dickerson. that's a lot but this is "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: good morning. senator lindsey graham is one of the senior republicans on the armed services committee. and he has been looking into this attack. senator, welcome to the broadcast. i know you have been investigating this. have you reached an conclusions on why the administration waited so long to acknowledge this was the work of terrorists? >> well, the facts are there was never a riot. the night in question, september 11, ambassador stevens was being visited by the turkish ambassador. and the coordinated attack lasted for hours with al qaeda-associated militia. my belief is that that was known by the administration within 24 hours. and, quite frankly, susan rice, on your show on september 16, the president on the 18th, the and the 25th, kept talkin talking about an attack inspired by a video. they're trying to sell a narrative, quite frankly, that the middle east, the wars are receding and al qaeda's been dismantled, and to admit that our embassy was attacked by al qaeda operatives a