No Reason For Bailout
So the big three automakers went to DC with their greedy hands out looking for money for their poorly run business. They said one of the cost cutting options will be to lay off workers, but yet they flew into DC from Detroit on their private jets and none of them said they are going to lower their standards, but hey if a few thousand people lose their job, well these CEOS are willing to make those kind of tough sacrifices for their company.
The bailout is a bad idea. Let these companies fail, they are not going to go away, they are going to be forced to restructure and they will eventually be stronger and better then if they just take a government handout.