GM, meh.

I'm feeling a little ambivalent about GM going down the tubes. I feel sorry for all the workers. I feel somewhat bad that one of the biggest names in American industry is now a failure. But GM hasn't really been a model company either. Workers got screwed time and time again. Pensions disappeared, healthcare disappeared. In some cases they really oversold what they could deliver and lots and lots of people are going to be paying for it. GM has also done its part in destroying the environment. Time and time again its faught tougher fuel standards so it could continue to make a quick buck.

They've had chances. They had an electric car that they put into storage despite strong demand. There's a documentary on it that wasn't narrated by Michael Moore.

So we've thrown billions at it and it hasn't really solved anything. I hope the company can do better in its next incarnation.