Why?

Now that a flock of buzzards await GM and Chrysler to finish it, John Nichols directs this broad but obvious question towards Detroit, Wall Street and Washington, DC: "How come, if the auto industry must feel the pain, the speculators on Wall Street and the CEOs of the big banks and insurance companies only feel the love of the TARP program?"

Really…. Does Obama's preference here reflect the effective limits of America's crony capitalism? Permitting much of America's auto industry to die without a real fight makes as much sense as the previous indifference to the plight of America's steel industry.