As someone in Michigan, many of my friends and family work for or have worked for the big three. However, the recent bailout loan to the auto industry is another step in the wrong direction. Call me skeptical, but these loan guarantees seem like they will never be repaid. There is nothing wrong with rewarding innovation and ingenuity, but the big three haven't done so in some time. The only positive I see is with GM investing money towards production of the new Chevy Volt.

While I wish bankrupcy on no company or individual, letting folks fail and then picking themselves back up makes them stronger. Who chooses which companies and individuals are too important to fail?

I desprately hope that I'm wrong, but history proves otherwise...