Tuesday, March 10, 2009

bailing out the car industry is utterly stupid

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George will explain.

"It is hard to think of a less deserving cause. The motor companies have repeatedly failed to anticipate trends in demand. They have carried on producing thunderous gas guzzlers long after the market collapsed. Every so often the bosses wring their hands about jobs, put out the begging bowl, get the money, then shaft their workers anyway. Like the bankers, they have wrecked their own industry. And like the bankers, they want the rest of us to pay."

2 comments:

  1. Very nice article, Mr. Monbiot sure makes a point. But maybe it is just what the economy needs. It will serve as a start up, bring more money and profits in the market. It sure won't serve the purpose of saving the planet from global warming but that concern should be off for a while. Lets do everything it takes to get out of the recession first.

    Take care, Lorne

    ReplyDelete
  2. Why is saving the planet from global warming and combatting the effects of the recession mutually exclusive? Why reward an industry's failure? Why putmoney into a project that is demonstrably NOT going to help the economy?

    Jeezus fucking Christ, are you a complete idiot? Do these questions just not get asked in your pathetically blinkered mental state?

    ReplyDelete

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