I don't know about you but this whole auto bailout stinks. Banks were given billions with no strings attached. Bank and Wall Street execs were given millions in bonuses.

I do not begrudge the money when they are creating it, but when the taxpayers are bailing them out, I do object.

Now the auto companies have taken huge downturns mostly do to wall street and banks making huge blunders. (Admittedly, some of this was due to hugely dangerous government policies) The auto companies are now at the mercy of the Government with so many strings it turned to rope. GM CEO booted. By the President. Amazing stuff. You could not write this scenario because no one could imagine it.

Now, Pontiac is going. An iconic brand to the scrap yard. What is next...Jeep...Dodge???

An incredible time, maybe about to get much worse. The auto industry is the back bone of our economy and government is putting the boots to them.

If we should bailout anyone..it should be the auto industry.

Mark
PS. This is my personal opinion. So far we still have free speech.