sirgeek

GM Bankruptcy Could Be the Best Solution 9TNine - you raise what I think is the key point here - that in Europe, Europeans continue to prop up their auto industry, motivated by their indigenous media and a healthy desire to have their own companies succeed. Meanwhile, here in America, we seem to think it better to punish our auto companies for sins of the past, ignoring the fact that Ford and GM make fully competitive cars and trucks (yes, there are people who truly need trucks). Apparently, these folks (traditional media and bloggers alike) take pride in the notion that they are "objective enough" to criticize American companies. This criticism was constructive through the 80's and 90's, and has resulted in amazing improvement in the competitiveness of Ford and GM. It's time to take stock of this improvement, and make the decision (all of us) to support our own companies through these difficult time - believe me, it's no longer a sacrifice, and will pay significant dividends in the long run. I hope to be able to revel in the profits our indigenous automobile industry bring home from China, Russia, India, South America, etc in the coming decades due to our foresight to keep them above water in this terribly difficult time.