SO IF THE AUTO BAILOUT WAS SO GREAT FOR THE ECONOMY, why did the stock market go up after it failed?

UPDATE: Reader Austin Johnson writes: “I’m not defending the bailout but I work on Wall Street and have to point out how wrong this argument is. If you look at the intraday Dow chart you will notice that it starts off massively negative. It stayed down until the rumors started to percolate through the market that Bush was going to do the bailout anyway. Then the market ticked up.” So the real lesson here is the irrelevance of Congress, I guess . . . .