The big three need a shakedown, not a bailout. The average labor union employee makes $70/hr...and will pay workers 90% when laid off, and the UAW higher-ups make just as much as some CEOs.... of course they are failing! Shouldn't producers try to make things that people want to consume before scapegoating their failures and seeking bailouts?
What about the other part of the US auto-industry... Honda, Toyota, Nissan, etc.. they pay US taxes and employ US workers.. and those are plenty profitable businesses.. so the US auto industry won't "fail".....
Perhaps the big three will follow in the path of the US steel industry... by shutting down all those inefficient mills and stuff.
We'll see what the UAW lobby will try to pull off.