Your dying technology.

DETROIT – General Motors, the company that put tail fins on a Cadillac and was once the nation's largest employer, moved to the edge of bankruptcy Wednesday as debtholders refused a last-ditch deal. Crosstown rival Chrysler hoped to pull off a quick exit from Chapter 11 and prove there is hope yet for a leaner Detroit. Investors who are owed billions of dollars by GM rebelled against a plan to accept a sliver stake in the company in exchange for their bonds, one of the government-imposed conditions for restructuring out of court. A bankruptcy filing could come within days — perhaps around Monday, which had been the government deadline for GM to reorganize.

Wow, there's a shocker. The company that helped put one person in a Yukon is going bankrupt. Hard to believe. I guess we're supposed to feel sad or something? It's like that 300-pound guy that develops heart disease or a hooker that comes up with AIDS. We hear about it and we're supposed to develop feelings of remorse. Sorry, I can't help you.

Every time I see a car that's bigger than my condo or something that says "Off-road package" and looks like it hasn't been out of the garage in the rain I wonder how American car companies have survived as long as they have.

Whenever the government even threatens to raise CAFE standards (and they usually just threaten) the auto makers start crying like little kids that they'll lose market share and it will cost them money. Waaaa.

A lot of car companies went out of business during the early part of the 20th century, partly due to the corporate influence of General Motors and Ford Motor Company. Those cars are now collector's items for people with big enough buildings to keep them. It's part of our great (so they say) capitalist system - survival of the fittest. Those that can't, don't.

I won't shed a tear for GM or any of those gas-guzzling idiots who advertise 20mpg cars as being "fuel efficient." If they can't survive, they shouldn't; which is why I opposed the stimulus packages when they were proposed. How did that work out?

Any business that doesn't do what it has to in order to survive economic conditions is doomed to failure. The fact that some of them are bigger than others has nothing to do with it - in fact, it makes them more susceptible to failure because of their size. They should know better. I'm supposed to feel sorry for the workers and the "innocent victims" who are employed by them, but I can't.

They'll just have to go to work for the company that picks up the slack for the ones that failed. If not, well then, we probably didn't need them to begin with.

Besides, it's only bankrupcy protection. It's another word for bailout.