Tax payers will foot a much higher bill if they go under, and they'll continue to foot the bill for the pensions until they die. We can't lose industrial companies, trying to survive as a service based economy will fail, as we need to control products that people use and especially those products that consumer precious resources.

In case you haven't seen the latest reports on the DOW – predictions based upon chart trends point to a near term sharp decline to 6400 – 6700 points. That doesn't include the collapse of the big 3, and the 3 million jobs that will be lost in the United States alone. Which brings up another important point: Opel, Vauxhaul, Holden are owned by GM… considering how much foreign economies are hurting image how many more jobs will be lost around the world, should they collapse.