The deeper questions are:

If you don't bail out the big american banks, will the financial
system collapse?

If you don't bail out the american auto makers, will the auto industry collapse?

Yes. No.

And you know this how?
Too bad people with so much clarity of vision haven't been in charge of things - oh, wait. They have been. Not only is it likely the industry will collapse, it's importance to the infrastructure of the national economy runs deeper than your apparent understanding.
I'm not arguing here - obviously, you have the answers all neatly bundled.

                                                               jeff

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