Quickdraw

GMAC: Why the Bond-Exchange Silence?

Unlike in the case of terminally ill humans, there exist no laws to prevent the euthanization of businesses ...

Pull the plug! Like most Americans, we'd prefer to see the Big 3 survive and become healthy once again ... unless that means we all must ante-up from our own pockets an absurdly large sum, to continue life support.

I see the analogy more closely resembling this: The phoenix that will rise from the ashes of their galactic short-sightedness and failure will be a better business model. Let them die ... in a few months, perhaps a year or so, the economy will resurrect itself and be stronger for the experience. If we continue feeding this monolithic failure, and throwing good money after the bad, then our grandchildren will still be paying for the priviledge of poorer choices regarding their vehicle purchase options.