It's like crack cocaine or a bad realestate investment. Once you get into the game, it is increasingly hard to get out. It can cost you more to get out than it might to invest more in hopes of reducing the financial impact. Proof: Look what Trump did to the banks in the 90s. They loaned him so much money they couldn't afford for him to go bankrupt. So they loaned him more. It worked for many of the banks. They didn't lose as much money.
Look at California. Many of the large companies headquartered there have so many favors and legislative loopholes as a result of their "political investments" they can't afford to get out. They can't leave the state and they can't afford to relax their political contributions too much.
GE and Chevy are indirectly (and to some extent directly) dependent on the government. Not so much for their survival any more, but for the health of their company, they have to Let it Ride or even Press their Bet.
Their biggest fear? ...A conservative gets elected and turns off the money spigot. After a couple years of no government "help" these companies will run out of places to hide the declines and start posting dismal numbers. Their stocks will slide again and CEOs will get fired before the cycle repeats itself. Save them! Let them Fail! Save them!
Well said, and Obama wanting to raise the tax credit from $7,500 to $10,000 per vehicle bears it out.