Thursday, November 20, 2008
Let the Big 3 fail
Detroit needs a shake up. The big 3 can't produce quality products at a profitable price. Part of the reason is their union contracts, and part of it is that they just can't figure out how to compete with Toyota. Giving them a taxpayer funded bailout now would be no better than offering free herion to a junkie to feed his bad habit. It's time we let a bad business fail, and give new, innovative companies the opportunity to fill the void.