Free Markets!!

There have been many opinions on what to do with the automakers. Should we save them? Can we save them? No one really knows for sure. The business model utilized by the automakers is antiquated and inefficient. Would $25 billion save them? I have my doubts. The pain of allowing the automakers to fail would be hard, but attempting to save them might just delay the inevitable and cost the taxpayers more money for no return. Free markets demand that only well managed and efficient companies should survive. However the ripple effect would be deep and far reaching. The debate will continue. Should poorly managed companies be saved because they are BIG? Is the current management team capable and or willing to make the necessary changes? I do know that free markets work in the long run. The market rewards the companies with efficient processes and with the ability to remain flexible. We are investors not market timers or predictors. We have developed a scientific portfolio and investment policy statement. We must not allow these events to alter our ultimate goal. Stay invested...diversify...rebalance.