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calling the shots « Previous | |Next »
April 2, 2009

Washington is calling the shots with respect to Detroit.

PennIDetroit.jpg Ingram Pinn

Will Obama force them to develop genuine green cars? Or will we have more rhetoric and resistance from Detroit, as we have in the Australian car industry to the desired change? Then again, Ford and Holden in Australia are American owned. So they will do what Detroit tells them. And what Detroit does will depend on how much Washington calls the shots to protect its investment.

| Posted by Gary Sauer-Thompson at 7:44 PM | | Comments (2)
Comments

Comments

Washington calling the shots...Will Obama force them to develop genuine green cars?

Doesn't it worry you Gary that governments are designating the size of worker's paypackets, demanding CEOs resign, taking over boards of companies, demanding people make cars that noone wants to buy? Doesn't it sound just a wee bit Stalinist to you? If Bush had done such a thing wouldn't have you been screaming from the hilltops?


If anyone were able to invent a car that was greener, cheaper and more efficient than the cars most of us drive today, they'd be rich a million times over. But no government can mandate that - or have you forgotten the lessons from the Soviets?

saint,
he who pays the piper calls the tune. Old capitalist principle.