The problem with all these is you can't imagine NOT doing them if you examine them in isolation. The problem isn't the ones you bail out, again, you can talk yourself into that.

The problem is once you bail them out, what then? The next car company? Or steel mill? Or tractor manufacturer? Why isn't my 60 person small business getting government funding? Crap, we're HIRING people not laying them off! Invest in me! (I'm kidding, but to make a point)

It simply must end. Besides the fact that we have huge deficits at the federal level, the real reason to avoid bailouts is they keep sick/off-track companies alive, when they should die, be picked over by smarter management teams, and rebuilt as new modern companies.