Car makers bailout: the moral hazard of saving the banks?

If they do bailout the car makers (and they will, they are just playing hard to get for now), more industries will ask to be saved.

 

Homebuilders next.

 

I think the show they are putting on for the automakers right now is in preparation of giving the middle finger to the home builders. All the builders that were in cahoots with lenders, realtors and title companies are the real problems here.

 

There are bound to be proplems with the states. California is already begging. Who is next?