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Today's Outrage: Help Car Buyers If Not Carmakers

Stock quotes in this article: GM , F , TM , FNM , FRE , HMC , UAL , DAL  

The way I see it, taxpayers are going to be helping U.S. carmakers one way or another.

If Congress doesn't come out with an official bailout, then General Motors(GM Quote), Ford (F Quote) and Chrysler will likely seek a back-door bailout by declaring bankruptcy and dumping their burdensome employee retirement obligations on the U.S. Pension Benefit Guaranty Corp.

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