Our country's obsession with bailing stuff out of late is crazy dumb. It actually might of been good for wall street because its the same as if some one invested 23 billion dollars in it. But, the bail out for the auto-industry is a terrible idea.
The reason why this is bad is that if they're going down its just delaying the inevitable. If they're going to pull out of this mess, with the gas prices the way they're heading now I don't see why not, they will and the peoples investing in the auto industry is simply a waste of money.
All three of the "big three" could afford to drop some brands. I mean for Ford, they can drop Mercury, there top seller is basicaly a Torus. GM could drop Pontiac, acourse Chevy would have to absorb the solstice. And Chrysler could drop some of there sedan models.
My only fear is what a merger would do to the level of competion in NASCAR. They're already banning testing this year. I'm really begining to fear the future of my favortie sport.
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