It is astounding the differences that you can find in opinion regarding this bailout. Often those differences are shown in the news sources and the target audience thereof.

Here are examples A and B:

The American Institute of Economic research gives a reasoned and balanced assessment of bailing out big auto and why we shouldn’t. Read it at: Bailing Out Big Auto is a Bad Idea.

Meanwhile, the Chicago Tribune is pleading that we should bail out the auto industry. Here is their plea bargin here: Carmakers Should Get Their Share of Bailout.
Amazing the difference in ideas propelled by institutions with different audiences.