These companies (In concert with their unions) got THEMSELVES into the mess that required these so-called “bailouts” in the first place.

Indeed, all the bailouts really did were to prop up businesses that could no longer compete in the free marketplace because they had become ever more saddled with (labor union forced) inefficiency and bloated managerial bureaucracy.

Clearly, these bailouts simply rewarded bad business behavior. And, for my money, the companies that received such “manna from the taxpayers” should have been allowed to fail. In fact, one did anyway DESPITE the government trying to prop them up.

And what about the OTHER auto companies who WERE running their businesses efficiency (like Ford, Toyota, Honda, et al)?

All the “bailout” did was put these other companies at a distinct disadvantage in the marketplace. I should think the stockholders of these other companies are mad as hornets at Mr. Obama about now for artificially propping up their competition.

Unfortunately, all of this “bailout” nonsense was just one more indicator (as if we needed any) of the USA’s continued long, slow slide into socialism.