Why is it OK to bailout Citi, but not auto companies?

[lookout123]

I thought they should've just given the money to us, the people, then everyone could've used it to pay their mortgages, or for whatever.

They tried that. That is how we got into the mess we are in.

/Fed/"The market is down you say, here have some money and some nice low interest rates. Unintended consequences, you say? Baaaah, what could possibly go wrong with handing people unable to handle their money more free money? Now vote for us and go back to the mall."/chairman/

[sugarpop]

Originally Posted by lookout123

They tried that. That is how we got into the mess we are in.

/Fed/"The market is down you say, here have some money and some nice low interest rates. Unintended consequences, you say? Baaaah, what could possibly go wrong with handing people unable to handle their money more free money? Now vote for us and go back to the mall."/chairman/

That isn't really what I was talking about... at all. But, I like this... "Baaaah, what could possibly go wrong with handing people unable to handle their money more free money?"
YES, isn't THAT what we've just done with Wall Street and the banks and all those corporate pirates?