The plan was to give them enough money to keep them looking good until November 7, 2012. After that, the statists don't care what happens to GM.
Despite being touted as a success by the Obama campaign, the taxpayer funded bailout of General Motors has been the opposite. The company still owes Americans $42 billion and its stock is doing poorly. Charles Payne from the Fox Business network thinks the company is on the verge of bankruptcy and will need another bailout in the near future.
Obama now wants to do the same thing for every business that he did for GM. he said so himself. Those were his exact words.