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Greg, thanks for posting. Certainly I agree with your sentiments on free markets. To a point.
Ideally, the Big Three surely should be left to succeed or fail on their own. But what if their failure leads to the failure of not just them, but the economy in the Midwest or manufacturing broadly or even the entire U.S. economy? Not each of those enterprises that fail with the Big Three should deserve such a fate. Not each of those enterprises would be guilty of inefficiency, poor government regulation, horrendous labor contracts, or executive greed, for example. This is the dilemma we face not just with the Big Three, but with free-market capitalism broadly: there exists the risk that “good” companies can fail because of “bad” companies.