On the Road to Nowhere

Nothing like believing in Free Markets and less Government intervention, unless, of course, you're in financial trouble. The Big 3 automakers are now seeing the looming recession and high fuel prices cutting into their business in a big way. I like watching BNN's Squeeze Play even though I tend to disagree with some of Kevin O'Leary's attitudes. On the automakers, though, he's right on - let the market decide. GM, Ford and Chrysler have kept engines and vehicles excessively large and inefficient and continue to brag about Hummers and performance. The writing has been on the wall for years and the CEOs of these companies have managed to ignore the message. If they can't compete, let them die, or merge, or whatever.