On the campaign trail, Obama is saying that what he did to the auto industry he wants to do to other industries. This is called nationalizing.
Listen to Mark Levin detail the failure of the auto bailout and why Obama praising it as a model for other industries is enough to send shiver down your spine:
When Obama promised to fundamentally transform our country, those who were alert took him at his word and recognized it as an attack on our culture and our economy. Obama believes that through government control America can rise to greatness. Obama is a lot like Chavez.