Think being taxed to pay off your irresponsible neighbor's mortgage was bad? Get this, from WSJ.com:
To assure consumers reluctant to buy GM or Chrysler cars, the government plans to take the unusual step of guaranteeing all warrantees on new cars from either company. These guarantees would lapse back to the companies once they return to health.
Sorry to borrow a line from Martini Boy, but you have got to be kidding me.
Hey, Obama-Wan. Do we not have enough open-ended entitlement commitments these days?