Excellent points on the myths of the D3.
Unfortunately, there are a ton of battles going on and many forces that stand behind blocking the bailout for the D3.
Here is one example:
Senators Shelby and Sessions, both from Alabama, are staunchly opposing any bailout of the Big 3.
Source
Oh...btw...Alabama has three major auto plants owned by Mercedes, Honda and Hyundai.
Divide and conquer...