This Country's citizens were against the $750B Financial Bailout by a very wide margin.
In order to "presuade" enough Congressional votes to pass that, there is at least $150B of "pork" in the Financial Bailout package.
The smart and ethical thing to do would to be to revisit the "pork" that's already out there and reduce it enough to make an equivalent amount, in this case $25B, available to the Auto Manufacturers.
Before we just handed it over we should expect and demand a complete itemization and justification for the $25B. Oversight to ensure that the money is going where Management said it was needed, and a strict repayment schedule with significant penalties for non-performance.
We need this industry and the jobs that go along with it. If the Auto Companies go bankrupt only the employees, taxpayers and the consumers will lose. The Companies and the CEO's won't miss a beat. The employees will lose valuable jobs, the taxpayers will lose tax rev. from idle/abandond plants, and have to pay massive unemployment benefits AND assume the unfunded/underfunded pensions and the consumers will have reduced choices and value in what remains in the marketplace going forward.