Via Hot Air, we learn that at the same time that Republicans are continuing to make noises about filibustering an auto industry bailout, public opinion seems to be shifting to favor one. A plurality favors a bailout by a margin of 46 to 42. Allahpundit:
Aren’t we just going to end up with the same song and dance that we went through when the House initially voted down TARP? Let’s say they filibuster it. The market will immediately tank, throwing everyone into a panic at the prospect of cascading unemployment and generating a million soundbites about how Republicans don’t care about American workers. Then they’ll go back into conference and one of two things will happen. Either they’ll table a comprehensive bailout and agree on a short-term bridge loan to get GM through the next few months so that the new Democratic Senate can revisit the issue in January, or they’ll extract some sort of mostly cosmetic concession to give McConnell cover on “avoiding in the future the same mistakes.” Tying the funds to evidence that the companies are restructuring towards long-term viability has been the White House’s sticking point all along; they’ll figure out a way to make that element of it more robust (which, to be sure, will be all to the good) and then they’ll pass it, with the GOP voting against but eschewing the filibuster this time.
Right? Does anyone seriously see Republicans rolling the dice on letting the auto industry fail in the current economic climate?
Nope. A bailout is going to happen.