They Have Only Themselves To Blame

Well, there goes the Big Three. Looks like we're going to be down to just GM and Ford for major American automakers before long. The feds have refused to step in and help GM with their buyout so, one way or another, Chrysler is going under soon.

I don't really blame the feds, though, because while this is likely going to mean the loss of tens of thousands of jobs in an economy that can't really afford it, that's exactly what would have happened if the two giants had merged anyway. Better to steer clear and own no part of the mess.