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While George W. Bush was the one to initiate the auto industry bailout in 2008, it is President Barack Obama who is trying to capitalize on it with the release of two new television advertisements as part of his reelection campaign.

In the first spot, Obama explains that while the decision to intervene in the auto industry was not popular, it was the right thing to do as it saved more than a million jobs in America and "restore middle class security".

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