FAIL...
excuse me, i'm going to call a giant, heaping serving of bullshit on this one. you have no idea just like the rest of us what would happen if they failed. and it's not the government's responsibility to prop up a failing company. if you or i, or anyone for that matter, had a company and it failed, no one would bail us out. did you ever stop to think about the profitable companies that are going to be affected by this? the ones who did not build shitty cars and lack foresight into the future? why should a good company suffer and have to compete against a failing one who gets magically rescued with taxpayer dollars? i don't believe capitalism or the free market requires the government to step in when things go a little south, especially when the ineptitude starts at the top with these incompetent CEOs. furthermore, filing for chapter 11 doesn't mean that everyone just packs up their bags and goes home. (no doubt, people will still lose their jobs.) it's a reorganizing of the company while creditors can't collect their payments. so, bringing in someone with competence to take over (and hopefully make the company profitable again) during this time instead of the current jackass CEO would be a brilliant idea. obviously, you're against logic.
also, the government is simply going to borrow most of the money from china or japan, pushing the country further into debt and further devaluing the dollar. but hey, i'm sure we won't "feel" those things either. i'm not against people wanting to invest in the auto companies. i think they should invest with their own money.
now, go choke yourself, not with my taxpayer dollars, but with your taxpayer dollars if you feel that strongly about the big 3 auto companies succeeding, i'm sure they won't mind you buying some of their stock. the markets open monday morning at 8am. feel free to further evaporate your 401k and make another charitable donation. but as a sound-minded individual, i would strongly advise against it.
ps the lions suck!