User 158164

'Too Big to Fail' Should Not Exist

Obviously the author knows absolutely nothing about the auto business or how this situation came to pass.

I can hear the same arguments when the auto industry went through a massive consolidation in the 50's, When all the independent companies were gobbled up or run out by the big 2 (Chrysler and AMC were allowed to live to keep the regulators off of GM's backs) and anyone who didn't like it were told "it's market forces".

The problem is it's not "market forces", it is 50 years of self desstructive trade policies that make it more and more difficult to produce goods in this country.

We need policies that make American companies compedetive in the world market. Not protectionism, but a level playing field.