So the car companies are back, hat in hand, wanting more money or they will (gasp, shudder) be forced to go into bankruptcy. Now, just an an aside, who didn’t see this one coming?
The trouble is, that companies of this size and power just aren’t in anyone's best interests. They just make flat out too many cars for the world we are heading into. They also have shown that they have an innate ability to pick the worst type and models for the what is needed (oh, don’t get me wrong, they have a wonderful ability to tap the cupidity of the American middle class).
So the powers that be have to make a decision soon. They will no doubt bail these behemoths out. The big three have spent way too much money bribing politicians for the past fifty years for any other outcome to occur. But these dinosaurs are dying and the money we spend will be just as useful as the money that we have thus far thrown at the banks.
I wonder what will take their place?