[BK]

Posturing for political benefit. No matter what the auto makers proposed, there was going to be an initial rejection for the cameras. Next time around, they will accept the plans and throw money at the companies. There will be a lot of hype about how it is the 11th hour and the businesses are teetering on the brink of collapse. But we know the government will indeed bail them out, at a cost of many billions of dollars to taxpayers.

The initial plan rejection and forced resignation of the CEO will hopefully send the message to the general public that "gee, Congress and the WH are doing a great job keeping the heat on," rather than the message that "gee, the government is throwing billions more dollars away, where are they getting the money?"