GM, Ford, Chrysler...
This author is not anti-Detroit, in fact, with the exception of one vehicle, all vehicles owned by said author have been American. And for a light at the end of the proverbial tunnel one only need to read the article in the July issue of the Atlantic, about the positive outlook for the Chevy Volt (due some time in 2010). Bankruptcy seems the most reasonable path for the American auto industry, plenty of companies have survived the process in the past. Huge companies can prosper after filing for chapter 11 protection, e.g. USAIR, Kmart, WaMu, Trump(multiple times).
Two questions to ponder: What happened to American ingenuity? And why are so many politicians on both sides afraid to mention the 2000 lb. gorilla in the room...UAW?
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