Add to the growing chorus of those who say the Big 3 are “too big to fail” the Bishops of Detroit and surrounding areas:

Cardinal Maida said both business and labor leaders had expressed fear of what could happen if there is no government action. “The alternative is not only unwise; it is unthinkable. If nothing is done, one can only imagine what would happen to all of us who call this corner of Michigan home,” he added.

I just don’t get this line of thinking.  If the automakers go bankrupt, they will be forced to restructure without the hand of unions sitting on top of them.  They won’t go away, they will just restructure and keep building cars.  Delta Airlines went bankrupt just a couple of years ago, and they’ve emerged leaner and meaner, and are now the biggest in the country (maybe the world also?)  I would think the same will happen in Detroit…after restructuring, they’ll be able to be non-union or at least renegotiate the union contracts that are killing them, and they’ll be forced to move into more efficient practices.

But what do I know?  They’re too big to fail.

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