[KoRn]

The auto industry are in their current position for a reason. How does giving them 50 billion change anything? If they don’t change what brought them to this place, they will be right back where they are now after they lose the bailout money.

If a business is failing, it needs to...

[Corporate Law]

Let Chrysler die. Between Daimler and Cerberus, they have killed off all future development and have left a stable of poorly built junk. No money to GM unless they fire the Board of Directors and all senior executives (and even then, no money to them as they are soon to sink unless a miracle occurs). If you give money to any of them, Ford is at least heading down the road to “getting it right”, unless the arrogance of the fiefdoms kills Mulally’s gains and the company itself.

[Allegra]

The auto industry are in their current position for a reason. How does giving them 50 billion change anything? If they don’t change what brought them to this place, they will be right back where they are now after they lose the bailout money.

Exactly. Obama wants to reward and encourage bad management and failure.

With our money.

[TaxRelief]

This is a payout to the union voters that put Obama in power. All “bailouts” in future will buy votes for Obama’s re-election.