Why is it ok to bail our homeowners but not the auto industry?

It's not okay in my book. It's not a lot for the auto industry to ask---a 25 billion bridge loan---after giving Wall Street 700 billion with no strings. They should give it to them. The effect would be devastating if the auto industry goes bankrupt due to the credit crisis of Wall Street.

* Nearly 3 million jobs would be lost in the first year alone – with another 2.5 million to follow over the next two years

* Personal income in the United States would drop by more than $150.7 billion in the first year

* The cost to local, state, and federal governments could reach $156.4 billion over three years in lost taxes, and unemployment and health care assistance

* Domestic automobile production would more than likely fall to zero – even by international producers, due to supplier bankruptcies

At this juncture no homeowners have been bailed out. The initial 350 billion was established to buy stocks in certain failing industries such as AIG. The banking industries were suppose to provide some liquidity for small business and protect the homeowners from losing their houses. The latter hasn't taken affect. The Auto Industry needs to restructure in order to qualify; meaning that the top will have to cut their cushy positions on perks

IF the government HAD bailed out homeowners, there would have been no melt down

name one homeowner that the government has bailed out

Homeowners have not received any bail out, at all...

It is not OK to bail anyone out!