Chrysler and GM are cut off the federal bailout pipeline, now. Bu

Chrysler and GM are cut off the federal bailout pipeline, now. But, what about the $80 bil in dinero and commitments already outstanding?

Congress wants that answer, too. And, contra what auto tsarevich Ron Bloom says that, namely, that the government will fully get out of the auto biz when GM and Chrysler demonstrate viability …

What if they never do?

I mean, let’s be honest here.

What if, especially in the case of GM, there’s still plenty of “bad GM” at or near the core after selling off “peripherals”? And, We the People still have 60 percent of that? The government has less than 10 percent of Chrysler, so no big deal.

“A chicken in every pot and a GM in every ditch?”