Saturday, November 15, 2008
Now General Motors wants a piece of the bailout pie. I realize that the democrats want to save the union workers and the economies of the rust belt. Where I live. And it's a resonable desire. But GM has been so mismanaged and short-sighted for so long that I'd really rather the government simply create a new industry to employ all those workers. I mean, what did GM do with all those profits from SUVs and Hummers? They certainly weren't put to use in research and development, or even phasing out those archiac push-rod engines they still use in some cars.