Will Jorge W.Arbusto bail these ones out too?

According to the Wall St Journal delinquencies for auto loans are surging.

Just like we can't let anyone possibly foreclose we must step in and take action. Imagine the human toll that will take place if millions of people lose their Hummers and Escalades. What will those poor souls do? Drive a Honda? Drive a Chevy? Why that is just plain mean. And so close to Christmas time too. No, no, no. We must act and we must act now. It is a God given right that every American shall drive a luxury car or better yet an 8 cylinder 11 MPG monster SUV. Damn it, that is what 1776 was all about.

My proposal is a loan freeze for 5 years. No payments for 5 years and 5 year freeze of repos as well.