Well, I guess that settles it. We don't need any political discussion or economist's studies. The auto industry officially needs a bailout. It's just a fact. After all, MSNBC and BusinessWeek have just said it. The auto industry "needs" one or it cannot survive. Oh, yeah, and MSNBC is also informing the world that Republicans have told auto workers to "drop dead." I think this is what the Old Media calls "news."
This story by David Kiley of BusinessWeek is amazing for its assumptions, pronouncements and slanted anti-capatilist rhetoric and it boggles the mind that it could be called journalism. It certainly isn't "news" because of all the personal opinions that Kiley pads this thing with, anyway.