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FACT CHECK: Flunking geography, history

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OBAMA: "What I think the American people recognize is, after a decade of war, it's time to do some nation-building here at home. And what we can now do is free up some resources to, for example, put Americans back to work, especially our veterans, rebuilding our roads, our bridges, our schools."

THE FACTS: If Romney's "apology tour" was a campaign whopper, so has been Obama's repeated claim that ending expensive wars meant the U.S. now has money to spend at home. There is no such peace dividend because the wars were financed largely by borrowing.

Yet Obama, too, watched his words a little more carefully Monday night, with his milder suggestion that "some resources" are freed up. That's a more plausible point, if only because U.S. "resources" include the ability to continue to go deeper in debt, but for the purpose of fixing roads, bridges and the like, instead of for making war.

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ROMNEY: "Syria is Iran's only ally in the Arab world. It's their route to the sea."

THE FACTS: Iran has a large southern coastline with access to the Persian Gulf and the Gulf of Oman. And it has no land border with Syria.

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ROMNEY: Said that when he was Massachusetts governor, high-school students who graduated in the top quarter "got a four-year, tuition-free ride at any Massachusetts public institution of higher learning."

OBAMA: "That happened before you came into office."

ROMNEY: "That was actually mine, actually, Mr. President. You got that fact wrong."

THE FACTS: Romney was right. The John and Abigail Adams scholarship program began in 2004 when he was governor.

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ROMNEY: "I said that we would provide guarantees, and that was what was able to allow these (auto) companies to go through bankruptcy, to come out of bankruptcy. Under no circumstance would I do anything other than to help this industry get on its feet. And the idea that has been suggested that I would liquidate the industry. Of course not. That's the height of silliness. I have never said I would liquidate the industry."

OBAMA: "Gov. Romney, you keep on trying to airbrush history here. You were very clear that you would not provide government assistance to the U.S. auto companies, even if they went through bankruptcy. You said that they could get it in the private marketplace. That wasn't true. They would have gone through a liquidation."

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