I see your point, but I disagree. Keeping the big three alive would make sense if it was the first time it had happened, and it was a matter of time and liquid

I see your point, but I disagree. Keeping the big three alive would make sense if it was the first time it had happened, and it was a matter of time and liquidity before they would be back on track. Unfortunately it seems that they are unable to compete in the global arena, and that this is a structural issue, not a liquidity issue. The only thing that will come from a bailout is a few more years. The money would be better spent reeducating all those people that are soon going to be out of a job anyway. Regarding your last comment: I just read a comment thread on Reddit about credit cards that I frankly found disturbing. It seems like it is the norm in America to use credit cards for major purchases, in between job money, end of the month money etc. etc. and it doesn' seem that anyone finds this problematic. I think you will be forced to structurally realign your economy in the next few years - spending money you don't have isn't a viable long term strategy, and that's basically what the average American has done for the past many years. All the bailouts in the world won't change the fact that the basic problem is that America is consuming more than it produces. It'll only add to the debt.