. >> do you agree with james, terry? >> no. no.e of the reasons we saw the outcome of the november 2nd election, wolf, is because people thought that president obama came down too hard on the free market and on the private sector. they thought he was moving the country in the direction of socialism, including with the government takeover of general motors, but most especially with the health care plan. i think if president obama continues on that track, rather than doing what james' old boss, bill clinton, did after the democratic loss in the 1994 election and try to tack back to the right, which i don't think obama will do, i think he'll have big trouble. >> let me interrupt there, terry. >> yeah. >> knowing what we know now as far as general motors is concerned, do you believe the president did the right thing in saving those hundreds of thousands of jobs and preventing gm from failing? >> no, i don't, wolf. first of all, he took the money out of t.a.r.p., which was supposed to, under the terms of the law, go to financial institu