I look at it this way. They are going to tax the hell out of me either way. I’m hoping for the case of utter economic failure on the Administration’s policies...I want Obama saddled with a depression.
The Baraqqis (and by inclusion anyone in the USA who pays federal taxes) have to provide life support to GM and Chrysler until Nov 2012.
After that I think the companies will probably fail again.
Assuming the economy doesn’t ramp up (and I heard an expert on CNBC forecast auto sales staying in the 9-10m/yr range for several more years), the life support can take many more billions.