Bailing out the big 3, short version.

If you are interested in the longer, more in depth version, go down to the next post.

The Big 3 state that their failing business is due to lack of consumer confidence. They asked congress to loan them 25 billion to support them over the next year until the economy and consumer confidence returns. History has shown that after a depression or a recession consumer confidence is regained over a length of time equal to or greater then the depression or recession.
That being the case, then if we give them the benefit of the doubt and agree that things will get better in 2010, then they will still need an additional 2 years of funding until consumer confidence returns.

Of course all of this begs the point of, can they even be viable in the market that will be emerging then.

Reviving the Economy old school style should be my next topic.