Did Hoover bail out banks? I don't know, I'm just asking.

                   The biggest problem with the car companies, as the media continues to point out, are their legacy costs. The foreign companies locating in the south don't have those expenses.
                   If every auto coming out of Detroit has to generate %1,500.00 just to pay for past pensions and health care, there is no way they can build an inexpensive car and sell it at a profit. If they can't sell $40,000.00 SUV's they are facing a losing proposition.
                   It isn't that they can't compete in the "little car" market, it's that they can't compete and continue to shoulder the legacy costs.
                   If things continue to go the way they are, the foreign manufacurers in the south will probably have legacy costs like the Big Three have today, but they don't have them now, so the playing field is not level.