get a clue

Bust-Up, Not Bailout

In general I think there are many sectors like the financials that the economy would benefit from more competion. This especially comes to mind as I see 20-30% interest rates on most credit cards. It is simple to think that the Big 3 was short sighted in what they produced. Simple truth is they produce what people buy which is why they are shifting to smaller cars. If Toyota is so smart and knows so much why did they spend so much money building and advertising the TUNDRA. They were reacting to what the public was buying that is why. Simple fact is GM/FORD/Chrysler have provided a nice lifestyle for many people in this country. This has caused GM to be exposed to huge legacy costs which Toyota is to new in this country to have. A lot of people both working and retired count on these companies and if they fail a great many people will lose that. Compare that impact to what happens if AIG fails and you just need to shift to a new insurance provider