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It wouldn't matter had GM not become Government Motors.  That's how the market is supposed to work, isn't it?  The well run industries gain market share, the poorly run ones lose it, and eventually change or go bankrupt.  How much market share does Studebaker have?  How about DeSoto?  GM should have been allowed to follow them if they couldn't make a comeback.  Now, thanks to statist policies, we own the failing company.