I'm dead set against government bailouts. Uncompetitive companies go down. Innovative companies emerge from recessions with larger market shares. People lose jobs all the time. It's a fact of life. Are we going to start giving every road kill racoon a state funeral now?

Maybe if American automakers had put R&D into automobiles other than trucks, SUVs, and pony cars during the past decade... To be fair, the Mustang did make Ford a load of money. I wonder how well they'll sell next year though?

What they need to develop is a small diesel passenger car, or a fully electric vehicle that has milage comparable to that of internal combustion vehicles. That means putting money into research, instead of desperately pushing out $14,000 plastic and sheet metal pieces of crap without air conditioning. They should have started doing this before they ran out of liquidity. Now it's too late. Tough. Deal.

And for the workers who are out of jobs: don't blame the government for not bailing you out. Blame the unions who made sure you got paid more than most university graduate professions. Why should all tax payers suffer when the benefit is not mutual? Here's an idea: why don't you all give up your pensions and take paycuts before we do anything else? There are plenty of jobs out there that offer no job security, no pensions, and no benefits. I'd rather help the bike messengers. I'm glad Canada isn't offering any bailouts, or I won't be able to afford this socialism anymore.

This is actually peanuts compared to that Wall Street bailout. Those execs should sell their business jets and cut their own pay to $1million per year before they are given money. Thanks, US government. I was suprised there were no mass riots.