I just liked this post by Liz Peek, Financial Columnist of Fox News. Indeed, the private jets the Big 3 CEOs flew to Washington with was not a good image, PR folks, and one you knew the media would hound, along with members of Congress. But, Peek’s point is on: “You simply cannot make cars with an embedded cost structure of $70 an hour and hope to compete with others paying $40 an hour. That is the simple truth, and until industry and Congress admit to that, no amount of bailout will prevent another collapse down the road.”