Big three will not get their $14 billion

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Talks collapsed in the Senate.

GM is screwed. So much for my long term options... damnit.

Ford says they will be ok... which I think is seriously optimistic.

Chrysler is likely to sell itself to someone.. possibly Renault or Hyundia.

It is amazing to me that the govt. put up $30 billion to shore up Bear Stearns in a second. Offered $700 billion under tarp, $85 billion to AIG, and untold billions to Fannie and Freddie.... but wont give $14 billion in loans to the US automakers. As a single decision, I dont necessarily disagree... but looked at as a big picture, does that make a single damn bit of sense?

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