Rich Galen

General Motors, Ford, and Chrysler sold - collectively - seven cars in October and none of them have any reason to remain in business.

Except in the current People's Republic of the United States where, If you have made really bad choices, and

Have lost lots and lots of money, and

Have no business plan which exhibits any new thinking whatsoever, then

You can come to Washington, plead your case, and have Congress give you tens or hundreds of BILLIONS of dollars so you can keep doing what you had been doing which, according to modern economic models, will fix everything.

This is why I watch CNBC.

Rich Galen

Rich Galen has been a press secretary to Dan Quayle and Newt Gingrich. Rich Galen currently works as a journalist and writes at