Very Good topic and posts!
I see it as failed Keynsian economics. Just keep throwing out money to prop up and build up an economy is in itself creating an artificial economy which is a “bubble” that will burst when the money fails to produce a true consumer business cycle.
Spending money bailing out GM was not good. Not the way it was done. The Chevy Volt is a disaster. Solandra solar fiasco was another. The problem is emblematic that you have intellectual socialist at the helm doing what they think “business” needs rather than get a businessman that knows what to do.