Smart money is betting Ford Motor Co. among Detroit's Final Three even though it's declined to accept any bailouts from governments.. If so, it means that the industry will end up where it started: cheap and simple.
The immediate result of this, of course, will be a reminder to Washington that it's our money in the banking system, our money which is being used to bail out that system, and our money to take as/when we see fit.
When the stock market first tanked and everyone began to panic, I was right there near the head of the line. I had unknowingly put my money in something called "The Ever Growing List Of Failures Fund."