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The US government is obligated to help the auto industry. A lot of people work jobs related to the industry. Besides, the post-election government has announced commitment to changing federal policy regarding the auto industry in a way favorable to the industry. While the Republicans claim to not support the idea of additional loans* to the industry, they are the minority in Congress.
Allow me to add that most of the mass media covers everything but specializes in nothing. While they can bring so-called experts into the studio to give their "facts" (opinions), they almost never use appropriate theories or terminology to explain what is happening in the world. The biggest area that the media fails is political analysis. They get the events right, but they fail to understand ideology, agenda-setting, bureaucratic structure, jurisdiction, legal terminology, or comparative politics.
*Loans—the current $25B that has been passed for Detroit is not a bailout. It is in the form of loans.
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