Looks like the government is going to bail out the U.S. automakers, since nothing makes more sense than giving taxpayer dollars over to big companies that manage to lose money every year by producing cars that no one is buying. Apparently, the American dream is (1) create a big company that doesn't make any money; (2) make sure it employs enough people that it would be devastating if you go out of business; (3) get the government to give you other people's tax money; (4) profit. Splendid plan! Sure beats actually doing something useful for society.
Seriously though? Wouldn't it make more sense to just give the cash directly to the employees of these defunct car companies, paying them to not work? At least then they wouldn't be wasting steel and glass on making cars that won't sell.