Why do you say that? Loosing the mfg and development capability would be a bad thing for this country. Like the article says we'd just trade our dependance on foreign oil for dependance on foriegn technology.

I'm of the opinion that it's been perfect storm of sorts for the US auto industry. I think they've been making huge strides in the areas they need to and you can't overlook the fact that GM still sold the most cars in the world YTD. The problem is cost structure.

I'm a proponent of the bridge loans... I think the restructuring of the agreements w/ the unions and the new technology coming to market by 2010 will do great things for them.