Well, I’m not one to say I told you so, so I won’t say that.  That’s tacky.  But I was right.

I am following up on my earlier blog comment about U.S. Carmakers being Idiots.  They are, of course.  But the latest rounds of corporate bailouts just reinforces that fact (yes, it is a fact). The Big-3 companys are failing because they are idiots.  We are bailing them out (because we are idiots).  And the Big-3 uses the bailout money in typical fashion, to pay huge salaries to the CEOs (who are idiots); for extravagant corporate retreats (obviously full of idiots); and, finally, for producing…..what?  Nothing new.  Same old rhetoric as before…99.9% petroleum cars, 0.1% alternative fuel cars, lots of eyewash and phoney advertising, no real effort or expenditures on what people really want/need…cheap cars that run on something other than gasoline.  The very first condition of the bailout SHOULD have been…fire the top four levels of management.  They are clueless and stupid and stuck in their old stodgy unsuccessful ways.  They are failures.  They should not be rewarded, for anything.  If you need a definition of the term “Loser”, there you go…look no further than the upper management at our own Big-3.  Yep…they are still idiots.