As each moment passes us three pillars of the American economy are perched on the brink of an economic abyss. If the cards are played right, then the American auto industry has a shot at weathering the economic storm that we are in. If the government plays the wrong cards then those pillars just might topple into the abyss with very little real hope to rebound. Yesterday the New York Times published a guest commentary authored by Mitt Romney. As I read it I was surprised to find that I agreed with a lot of what he had to say. Someone tell me has San Francisco been coated in a thick sheet of ice yet?

There has been a lot of finger pointing on both sides of the issue. There are some people that claim executive greed or incompetence is the culprits behind Detroit's financial crisis. I have no doubt that greed has played a very minor part of the equation. Likewise incompetence is also going to be found to be a very small factor. And then there are those that want to point the finger at the UAW. Once again the UAW is most certainly a factor, but it is one among many. Instead of pointing fingers at each other, why don't we point fingers at the real problems infesting the Big Three?  Rather than playing the blame game, why don't we point Detroit in the right direction so that they can once again return to profitability.

I don't agree with Mitt Romney on much, but I must admit that this time I do. I encourage you to read his NY Times op-ed. He lays out an effective plan to return Detroit to its glory days. He pulls no punches and yet he is fair in this piece. And most importantly it makes sense.