david shepardson is taking your calls and comments. timothy is in spokane, washington on our line for republicans. caller: good morning. i want to say thank you to your guests for being sharp. he keeps hitting the points that i want to make. isis incredible that there anger towards the auto industry bailout and the personal grudges. i am a contractor, and i drive a truck. i am not a redneck. roofing material. if i cannot buy material to put on your roof, how my supposed to get a truck? it is bottom-line to say we would be better off without our auto industry. is obama going to come and give us all a ride? we have to have our cars. is what has transported our on up.from world war ii it is what america is known for. it is a shame it went down that far and that everybody has their sides, but we have to keep our eyes on the prize. i am not mad at anybody in the country. i think the investment is a gift you gave us, and we have to make it move forward. the typewriter became the computer. we had to go through a lot of changes. there is so mu

david shepardson is taking your calls and comments. timothy is in spokane, washington on our line for republicans. caller: good morning. i want to say thank you to your guests for being sharp. he keeps hitting the points that i want to make. isis incredible that there anger towards the auto industry bailout and the personal grudges. i am a contractor, and i drive a truck. i am not a redneck. roofing material. if i cannot buy material to put on your roof, how my supposed to get a truck? it is bottom-line to say we would be better off without our auto industry. is obama going to come and give us all a ride? we have to have our cars. is what has transported our on up.from world war ii it is what america is known for. it is a shame it went down that far and that everybody has their sides, but we have to keep our eyes on the prize. i am not mad at anybody in the country. i think the investment is a gift you gave us, and we have to make it move forward. the typewriter became the computer. we had to go through a lot of changes. there is so mu

we have been talking with david shepardson of "the detroit news ." rick is in ohio on our line for independents. ifler: i asked your producer they had a stock price for halliburton. before bush was elected, halliburton was going bankrupt. just got nailed for all kinds of fraud. as far as the card industry goes, i grew up in detroit in , and i0's and the 1970's have written books about the evolution of this country, and it goes back to henry ford. when henry ford gave his workers wages, a were able to buy a car with three months wages. when you look at capitalism and 35%,detroit was all about, 40% of the workforce were union. the uaw basically created an environment where they protected tax law, trade laws, antitrust laws and banking laws. when you talk about the big three, you are actually talking an economic ideology that was based on capitalism and democracy going back to the constitution. they were creating wealth. steel, that creates wealth. you make the car, that creates wealth. the wealth, 99% of it was circulated through 95% of the people. tod

our guest includes david shepardson, detroit news washington bureau chief. and the former administrator of the national highway safety administration. we will speak with representatives of general motor, four, and toyota. live onton journal" is c-span everyday at 7:00 eastern a.m. join the conversation on facebook and twitter. on c-spanoverage tomorrow includes the 41st annual march for life at noon eastern at the national mall in washington. at 2:30 p.m., kathleen sebelius is expected to provide an update on the affordable care act to the newly -- to the u.s. conference of mayors. a i would like to add personal note in regard to an issue that has been of great concern to all americans over the last year. i refer, of course, to the investigations of the so-called watergate affair. provided to i have the special prosecutor voluntarily a great deal of material. i believe that i have provided all the material that he needs. to conclude his investigations and to proceed to prosecute the guilty and to clear the innocent. i believe the time has come to bring that

our guests include david shepardson and david strickland, former administrator of the national highway traffic safety administration. we will also speak with representatives of general motors, ford, toyota. is next.on journal" join the conversation on facebook and twitter. [captions copyright national cable satellite corp. 2014] [captioning performed by national captioning institute] >> good morning. it is wednesday, january 20 2, 2014. you're looking at of you of the washington auto show at the convention center, not far from our studio on capitol hill. we will take our viewers live to the floor of the auto show as we discuss a variety of issues impacting the auto industry. that before we do that, we will start with a look back on the federal government's $85 billion effort to save general motors and chrysler, which came to be known as the auto bailout. the government selling its final shares of gm last month, we

i guess will be david shepardson and david strickland. membersalso speak with of general motors, ford, and toyota. join the conversation on facebook and twitter. >> i would like to add a personal word with regard to an issue that has been of great concern to all americans over the past year. to the investigations of the so-called watergate affair. as you know, i have provided to the special prosecutor voluntarily a great deal of material. i believe that i have provided all the material that he needs to conclude his investigations and to proceed to prosecute the guilty and clear the innocent. i believe the time has come to bring that investigation and the other investigations of this matter to an end. one year of watergate is enough. five decades of notable state of the union addresses from lbj to george w. bush. part of american history tv this weekend on c-span 3. that is all leading up to president barack obama's 2014 state of the union address on c- span, c-span radio, and c- span.org. >> new jersey governor chris christie was reelecte

ralph, you are on with david shepardson of "the detroit news ." c: yes, good morning. yes,proud of -- caller: good morning. i am proud of president obama's decision to bailout the auto and i am said some people took a loss because of it. i'm a proud african-american. japan,t live in china or and one caller spoke of charges being brought up on president obama. where is the return on my tax for the war in iraq, when we should've been given an oil

at oure are joined back studio on capitol hill by david shepardson, the washington bureau chief of the "detroit news." i want to begin with the news coming yesterday from fiat that it had completed its acquisition of chrysler. how is the deal changing the u.s. auto industry? guest: for the second time, chrysler is now a wholly owned unit of a foreign company. in 2009 the obama administration said they would only agree to additional bailout funds if chrysler can reach a tie up deal with fiat. part of that deal, the uaw health-care trust, which is responsible for paying for retiree benefits for chrysler uaw workers, who got 55% of chrysler over the last few years. fiat received part of the company, meeting certain requirements. they bought some shares back from the trust, and in recent weeks reached a deal to buy the remaining part of chrysler, about 42%, from the trust. as of yesterday, chrysler is a wholly-owned arm of the italian automaker fiat. host: what does fiat one from the deal in terms of what is happening with the european art a market -- auto market compared to what is happen