My guess - a savvy team has been camped out in the Executive Office Building and figured out the business model being followed by the Detroit Three is totally dysfunctional and any tax payer dollars given them might just as well be set on fire and dumped in the Potomac River.
Their conclusion so far is no doubt that only a per-arranged bankruptcy proceeding will work including (i) eliminating unprofitable brands and the associated dealer network (ii) re-writing the UAW contract to modestly reduce wages and benefits to existing workers but eliminating costly work rules which hamper productivity and efficiency (iii) reduce health care benefits to retirees - ie a silver standard instead of a gold standard and (iv) eliminate the CAFE rules requiring the Detroit Three to produce high mpg vehicles no one in the US wants to buy.
How do you sell this plan to the Reid-Pelosi crowd???
Lastly, they no doubt looked around the room and asked "When was the last time you bought a Detroit Three made car?
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