Rather than bail out US automakers directly, we should give them a favorable environment with respect to health-care costs, which are skyrocketing. Single-payer universal coverage for US citizens would take that big negative off their books. Of course, it would also help the foreign automakers who have plants here and offer health insurance to their employees. In the end the Big 3 would have to learn to take advantage of that huge gift (get health insurances off their backs) AND learn to compete against foreign-branded vehicles. They would jump at the former, but I don't hold out much hope of success in the latter case. At least we will have managed to provide health-care for all US citizens instead of bailing out mismanaged companies, and that kind of climate would attract more manufacturers, who would prefer to manufacture goods for the US market here, and defer shipping costs and reduce the time for which unsold inventories need to be held to accommodate delays due to shipping, distribution, etc.