No one likes a 10% unemployment rate, but at the same time the paying of 95% wages plus fringes via bailout in lieu of unemployment insurance is a lousy deal for workers not benefited by a UAW contract but stuck with the tab.

The Executive Branch and Congress can impose all the terms and conditions they choose, but have no means to enforce them. Granted, they can sue if the other side breaches the contract, but that's after-the-fact and quite protracted. Only the Judiciary can "manage" the problem, and that's why the court, and not the legislative or the executive branches of government, controls bankruptcy proceedings.

There were concerns at Buick, Chevy etc. when GM acquired them. If someone acquires GM, or it gets into a protective merger - just like many airlines and other manufacturers (remember, Martin-Marietta, Lockheed, and many others) for survivability - what's wrong with that? Oh yeah, some executives and union officials may lose power and personal money.

Again, the aroma around this entire auto industry situation is pretty bad. It still smells like money/votes for more money.

This is a Congress which is concerned with the little guy? Who is kidding whom when they want to take from the little guy (or stick him with the bill) and give to the 7-figure-income guys (including the union officials).