Let em' hang!

I kinf of agree that the auto companies should not be bailed out. There is a point when you have to let failing businesses, you know, fail.

Yes it would be horrible to lose jobs but we are already losing them left and right and if it's the unemployed we want to protect then let's do that with the temporary extension of benefits. The problem is that we are letting institutions become "too big to fail" and that not only defies capitalism, it destroys the general idea of a free market. A free market needs a lot of businesses to function properly, small business with limited power, not gigantic corporations with government lobbyists and now government funding.

This article is a good one.

"Not so long ago, corporate giants with names like PanAm, ITT and Montgomery Ward roamed the earth. They faded and were replaced by new companies with names like Microsoft, Southwest Airlines and Target. The U.S. became famous for this pattern of decay and new growth. Over time, American government built a bigger safety net so workers could survive the vicissitudes of this creative destruction — with unemployment insurance and soon, one hopes, health care security. But the government has generally not interfered in the dynamic process itself, which is the source of the country’s prosperity."

Please let the new administration understand that we need to protect american people not big business. Big business can take care of, and destroy, themselves.