Should the US bailout the big three automakers?

[RedBarchetta]

Nobody wishes to see anyone fail. But the Big 3 haven't learned to run with the pack (i.e. be competitive). They are finally arriving to the hybrid dance but it's quite a bit late. For years they have been throwing at us 6,000+lb SUVs that are great at hauling stuff but not worth a popcorn fart beyond that. But the Dems will support their union buddies (that certainly helped bank roll Obama's election).

A bailout will end up being the result. First phase will be the current administration modifying the existing $25B loan that was supposed to be used to develop hybrids. They will do this because GM is listing to one side. Then Obama and his minions will throw even more tax dollars on the fire.

So everyone collectively bend over and grab their ankles...pass the lube, please.

P.S. Ingenuity is the father of invention. I'm not worried about not finding parts for my Cobra if the whole situation goes to where it should (BK). If what's on there now isn't available, I'll figure out something else. Or someone else will and that will be the birth of a new company with new jobs. That's how free enterprise works, folks, a concept that the Democratically controlled Congress doesn't get.