Wise Words about the Big 3 Automakers

Here's CKNW's Bill Good paraphrasing a businessman he spoke with yesterday:

"There's always going to be a demand for cars. The market should decide. Let the chips fall where they may. Let these companies go down if they're going to go down. They will restructure or reform or new companies will emerge to take up the slack, to pick up the market. They've become too fat. They've become too inefficient. They've created contracts that are unworkable and untenable. We should just let them go and suffer the pain."