I'm on the fence on what should've been done for Ford. One one hand it is perfectly fair to give them some cash too (we might as well give every corp. some cash, bad trend), and on the other there is the giant deficit that continues to grow.
The GM Chrysler Bailout is a good thing for Ford. Without the competition and other companies, all of Fords Suppliers will be charging more. This increases cost for Ford to sell cars and we all know the Domestics don't need to cough out more money than they already do while trying to stay in competition with the japanese automakers prices.