Politicians and bureaucrats want nothing more than for us to think them indispensable. We needed them to save us from the financial crisis, they would like us to believe. But government manipulation of the economy, and especially of interest rates and the money supply, is what leads to such massive malinvestment and destructive boom-and-bust cycles in the first place.
Without so much government interference, there would never have been such a large financial crisis. Without government bailouts, a more honest restructuring of the economy could have taken place. GM and Chrysler might have ceased to exist, but Americans would still be making cars. The difference is that all of that money, all of those resources, all of those skilled workers would have been redeployed according to market signals instead of according to bureaucratic fiat. That $10.5 billion did not save a million people's jobs; it just kept some of those people from finding other, more productive work.