1) The Big 3 were making per car profits >$10k selling SUVs just a couple of years ago - there's a reason the Japanese wanted in on that market. People most definitely wanted them. With gas ~$2/gallon again they may want them yet again. As someone in the market for a mountain car the economics are stunningly in favor of SUVs atm, even looking at $4 gas again.
2) Detroit won WW2, not Wall Street.
3) AIG is currently diverting all cash given to them by the government to their subsidiaries which will then be spun off leaving the taxpayers, as usual, fucked.
4) I don't agree with any bailout. If one industry is bailed out all should be; tipping the competitive balance in favor of one is the most egregious market distortion. Unless of course we are talking tulip futures.