Why do Financial Institutions get bailed out but not car companies?

[CanadianKid]

Doesnt make sense...

So companies that make and earn fake money (aka electronic money) get bailed out to the tune of $700b

yet the 3 domestic car companies that make real money and real products get the shaft.....

Look there are over 100 big financial institutions in the USA and only maybe 10% of them are financially insecure....

There are only 3 big domestic automakers in the USA and all 3 of them aka 100% are financially insecure....

If you werent a genius like CK you would still know that its pretty unfair what the Bush and Co are trying to do....

CK

 

[DigitalDave]

Doesnt make sense...

So companies that make and earn fake money (aka electronic money) get bailed out to the tune of $700b

yet the 3 domestic car companies that make real money and real products get the shaft.....

Look there are over 100 big financial institutions in the USA and only maybe 10% of them are financially insecure....

There are only 3 big domestic automakers in the USA and all 3 of them aka 100% are financially insecure....

If you werent a genius like CK you would still know that its pretty unfair what the Bush and Co are trying to do....

CK

Well, the argument is, that if the Financials go down, our whole economy goes down. If car companies go down, we lose some jobs. GM cars aren't just going to explode if GM goes under.

Frankly, the financial industry just got free money to make acquisitions, though. What a freakin swindle.

We Just got mugged (link)