Monday, November 17, 2008

Domino Dancing

The economy has been on the news lately, especially bankruptcy of companies and unforeseen closures and failures of others. I'm not worried about Big 3 automakers. They have been blind to see that for years the growing trend, that smaller, more efficient cars are making a taking a larger share of the market. This isn't just the CEO's who thought pushing nostalgic gas guzzlers at a time when gasoline was on the rise, or the BOD who were sold on this idea, or the union's that bought off on this also, it just wasn't one person and something that happened overnight. It was a fatal error of sound judgment and now that they see a soup line, they want their share, except... no soup for you.
Why is it not so wrong to let them file for bankruptcy? Airlines have been doing this for years. Restructure, reorganize, plan, execute, all the things required of a Fortune 500 company. The fat cats were doing so well with their money only a few years ago. They could have easily rewritten history then. What happened to the hybrids, the electric cars, all the glitz to show us you cared so much about the environment? You didn't care then, and you don't care now. But you still want some of this pie.

1 comment:

Heidi R. said...

Domino dancing is one of my favorite pet shop boys songs....oh ya...and where did all the hybrid promises go?? :p

~Heidi