[Harry Rex Vonner]

As I have said repeatedly, the auto industry would have recovered in a much more stable position from a Chapter 11 Bankruptcy than from the bailout. The only ones to benefit from the bailout were the unions. And, of course, that is why Kardashian did the bailout.

Chapter 11 would have allowed the auto companies to renegotiate the obscene labor contracts. The bailout did not provide for any renegotiation and left the companies with an obligation to honor all the union largess.

And, of course, the bailout paid by us, the taxpayers, will never be remotely repaid in full.

But, don't fret. Kardashian's boys in the unions are protected from loss. Kardashian's bailout had nothiong to do with helping auto companies and everything to do with protecting his unions.