Interesting action by the Bush administration. I thought sure they'd immediately approve the funding, unless they're afraid of the Democrats using it against McCain in the closing days of the campaign.

I'm leery of the Renault-Nissan deal. It's been stated that Cerberus would be willing to sell off pieces of the company. Unless it's a flat-out merger of the three entities, I'm afraid this will spell the end for Chrysler, except maybe for Ram pickups and Jeeps.