It's strange to discuss this issue with different people because some consider the loans to be "the bailout" and some don't. Those that don't consider the infusion of cash via stock purchases, as is the case with GM, was the actual bailout. Either way, it's an indefensible position considering that the government has provided loans to companies throughout its entire history. Not only that, but the government has subsidized industries throughout its entire history as well. In the 1780s, farming was heavily subsidized and still is today. Railroad development, too, was heavily subsidized. So was the oil industry, and still is. And so was the airline industry. Investment in new tech and innovation by the US government lead to satellite technology, the transistor, and the Internet.
So while there's a good ideological case for pure free market policies, these policies have never existed in the history of this country. We have always been a mixed market economy. In this global economy, we almost have to be to remain competitive with countries like China.
2012 Viridian Joule Volt #2453, all options
Coloumb CT500 240v charging station