I believe that a loan to GM would just delay the inevitable for a bit. Within a couple years they will be right back in the same situation. This seems obvious,

I believe that a loan to GM would just delay the inevitable for a bit. Within a couple years they will be right back in the same situation. This seems obvious, but it makes the most sense to give money to groups that produce good results. I'm not sure what the logic is behind giving money to companies that fail to produce good results. I understand the emotion, but not the logic. That being said, I'm not in favor of any government bailouts. Removing risk from the market is a big part of what got us to this point.