What would you do on a slow Saturday news day a few days after the election when no one was looking? If you’re Harry Reid and Nancy Pelosi, you’d write to the Treasury Department to ask for some of that $700B — that was really, truly necessary for financial institutions only and for the totally unique extraordinary purpose of staving off an economy-ruining credit freeze — in order to bail out the auto industry without disturbing any of its insane labor arrangements. WSJ story here.