the manufacturing base. >> bill: colmes, look, the argument that electric cars are good or bad i think you win. i would like to see electric cars, all right? for the environment. come on. >> sure. >> bill: i don't understand if it's such a good thing and people would go over to it why can't it be in the private sector. >> hard to get incredit. >> you can't get credit. >> this loan began in the last administration. this loan program. >> bill: remember henry ford? remember him? >> yes. >> when everybody was riding around ons ors had. henry didn't go to william mckinley and said can i have some money to build the model t he built it? >> created nasa a whole series of industries. government investment has led to a whole series of things which could not be done in a private sector. >> bill: what do you mean it can't be done in private sector. >> because companies can't get credit now. you cannot raise that kind of money right now.