If you haven't already, get your spiritual, and temporal house in order ASAP.
President Bush announced today that the executive branch would intervene and help out the auto industry. In a statement to the press, the President said the following:
"Unfortunately, despite extensive debate and agreement that we should prevent disorderly bankruptcies in the American auto industry, Congress was unable to get a bill to my desk before adjourning this year."
The reason Congress was unable to pass a bill, is because Congress represents the people of the United States. I wrote to my senators, Boxer, and Feinstein, expressing my disapproval of the bailout. Obviously the majority of members of Congress received similar disapproval from their constituents, or they would have passed the bill. Congress was unable to get a bill to the President's desk because the people of the United States do not want to bail out the auto industry. Congress represented the will of people in this matter.
Despite the will of the people, and the workings of the government as prescribed in the Constitution, the President further explained:
"This means the only way to avoid a collapse of the U.S. auto industry is for the executive branch to step in. The American people want the auto companies to succeed, and so do I. So today, I'm announcing that the federal government will grant loans to auto companies under conditions similar to those Congress considered last week."
The American people obviously do not want the auto companies to succeed under the plan you propose. Here is what the President actually meant:
"This means the only way to avoid a collapse of the U.S. auto industry is for the MONARCHY to step in. MY CAMPAIGN CONTRIBUTORS want the auto companies to succeed, and so do I. So today, I'm announcing that the U.S. TAXPAYER will grant loans to auto companies under conditions similar to those Congress considered last week."