The "creative destruction" argument conveniently forgets that it wasn't the "free market" that created the American Way of life, but a working class that was paid well enough to consume.
Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.
Why not convert one third of the automakers' industrial capacity to building state-of-the-art wind generation? We need to be strategic in solving our economic and energy woes.
This "agreement" is just another part of the recent "Bush/Cheney Revisionist History Farewell Tour." It was created to fail, just as long as that failure didn't happen while Bush was still president.
Vehicle manufacturers must re-engage their owners and offer them innovative services. What if GM included ads in exchange for lower pricing? What if they developed an in-dash system with Google or Apple?
Even Bush doesn't want to go down in history as the man who oversaw the destruction of GM, Ford and Chrysler (I hope), and I'd guess Obama wishes he could install his own new team now and fire Paulson.
With three million jobs at stake, potentially costing taxpayers $150 billion, unions remain the primary targets of the GOP blame game for the troubled auto industry and the failed bailout deal.
Let's be clear, the Republican senators' moves against the Detroit bailout is not about $15 billion, which is a rounding error in the context of the Iraq surge or the financial bailout.
The plan, dubbed the "Unprecedented Winter Sales Event" in internal company documents, was reportedly the brainchild of a marketing team at Chrysler, the most beleaguered of the Big Three.
This is a mess. Everybody in the auto industry is staring into the abyss - the automakers, the unions, the suppliers, the dealers - not to mention the government and the taxpayers.
Over the last few years, sustaining Ohio has become less profitable for automakers. When the state began to run at a loss, the Big Three began selling off pieces to Germany and Japan.
I think the U.S. legislators contemplating this auto industry bailout package should demand Bob Lutz's resignation before dribbling a single dollar into GM's leaky pockets.
Picture a massive caravan of thousands of people effected by the auto industry landing up in front of the Capitol demanding action to save their jobs and staying there until Congress acts.
The domestic automakers are struggling under the same burden against their foreign competitors with the subsidies they receive as local businesses do against Wal-Mart.
On their last visit, the auto execs asked Congress for $25 billion in bailout loans. A nice round number. So nice and round that it sounded like it had been plucked from thin air.
What was completely predictable, if thoroughly heavy-handed, was the way the visual media shaped "The Return Of The Auto Executives" into a classic morality play.