Don't Bail Out The Car Companies

I'd have liked to see the financial industry slapped with harsher regulations and perhaps even temporarily socialized for their screw ups, although I do think some form of government assistance was necessary to keep our economy afloat during this crisis.

But GM? Chrystler? You kiddin' me? Are we going to bail out Microsoft if things get rough? How about Wal-Mart? Disney? Hess?

This recession is going to have some casualties, and I'm saying that as a liberal. Some of the greedy companies that have been using the American workforce are going to die - and it will be their own damn fault. Giving GM a couple billion won't make their cars better, or their business practices more responsible. It will be a waste.

And then, maybe, some smart Americans can put together a car manufacturer who will actually make energy-efficient vehicles that fit with the times.