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Wednesday, November 19, 2008

Note on the Big Three

Bail them out. But do so with caution. Too much money has been spent on style, and not enough on innovation. This is both unacceptable, and unreasonable. The Big Three auto corporations have as much doomed themselves as others have doomed them. There is a reason the American people have chosen foreign cars. The gas mileage is more efficient over seas than here, and yet they manage to maintain the power, the safety, and the performance.

But bail them out with the requirements of certain fields being met.

Otherwise we simply are bailing them out, to eventually bail them out again. Either they shape up, or we take the burn, let them ship out, and regenerate a successful business plan for some other entrepreneur.
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