I gather by the fact that you are living under a bridge you know plenty about bankruptcy. My sympathy to you is not empathetic.
You may have attempted to state many things. But perhaps your inadequacy makes it difficult.
Why don`t you do a little back end understanding of what cost to the taxpayer there would be if GM and Chrysler ceased operations resulting in massive job loss in the millions occurs. Then add up what additional costs there would be when the Govt. no longer invoices a tax bill on these two....and the several smaller companies that do business with them and so on and so on.
Without the Govt. loans. They go out of business. No private equity comes fast enough... If at all. If any private buyout occurs, Its likely little consumer confidence remains to do business with them.