Cerberus Looks To Government Bailout As It Also Lobbies To Dump Chrysler?

The more light that is shed on the Chrysler-GM talks, the more it seems obvious this has nothing to do with anything other than a perpetuation of cronyism and self-interest. Personally, I believe the government should be looking at what is in the best interests of taxpayers and the long term economy. In my mind, the lesser of many evils would be to provide guaranteed loans to both GM and Chrysler but only after bankruptcy is imminent. And, to not play that hand so GM and Chrysler continue down a path of fixing their businesses right up until the last minute. And, government should keep these two corporations from merging by enforcing existing regulation. But, just like the Paulson bank bailout, it appears the perpetuation of fear mongering is winning out. Now, we even have the governor of Michigan lobbying for a merger. This is surely based on fear as opposed to sound management decisions or the long term health of the economy. And, what does Cerberus want out of this other than to extract themselves from major mistakes they made? Why, of course, as majority shareholder of GMAC, a government bailout would be appropriate. Unbelievable.