The Big Three automakers have a couple of weeks to get their act together before re-appearing before the law makers with hats in hand and asking for some more of our money. And they will promise to do better. Right.
Nostalgia aside, it's time for the Big Three to disappear. There will be a minor disruption as new owners take over. Executives will lose their jobs. But the assembly lines will remain for yet awhile. Eventually they will have to close, just as the buggy whip factories closed. And it's that fact that makes it crazy for us to give them more money. It's time to build something new in Detroit.
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