U.S. won't let auto industry 'vanish' - MarketWatch:
"President Barack Obama said Monday his administration won't let the struggling U.S. auto industry 'simply vanish'"
I'm sorry, but that's really easy to say. It's a 'duh' moment. The All American automobile industry vanished years ago; the industry we have now is multi-national and will certainly remain here as a multi-national company, only the players names will change. GM, the name, will be owned by someone else. Chrysler is already far removed from the Walter P. Chrysler family and can be sold again..for the 4th or 5th time; I'm not keeping count.
Think about it...why would they close the factories? America buys cars. Lots of them!
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