At least one major American political figure is calling the recent Obama administration-engineered bailouts of General Motors and Chrysler the political payback to the United Auto Workers (UAW) that they really are. In the cover article for the June 15 issue of the conservative weekly Human Events, former House Speaker Newt Gingrich, R-Ga., termed the bailout a "scandal," similar in behavior to the Teapot Dome scandal of the Harding administration but far larger in scope. Gingrich lays out the case for why "saving" the automobile industry, with $50 billion in taxpayer-backed loans ($30 billion of it yet to come) for GM alone, constitutes an unconstitutional tax on bondholders and taxpayers.