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It's ironic that Mr. Obama now hints that GM and Chrysler could end up in bankruptcy court. After all, that's the very solution some of us suggested even before the government poured billions of tax dollars into the companies.

Americans don't need government in the business of building cars or telling us what type of cars we can buy. GM and Chrysler should go into bankruptcy, reorganize and return as smaller but healthier organizations - and do so without any additional taxpayer dollars. The bureaucrats in Washington have plenty of other things to do, don't they?

Ed Feulner is president of the Heritage Foundation (heritage.org).