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President-Elect Barack Obama's Acceptance Speech

Started by cenacle, November 05, 2008, 12:34:52 PM

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laughingwillow

Right on, caul.

Too many have been funding the American dream through debt; corporate, gubmit and personal.

The auto industry is also apparently on the ropes at present. However, seeing the endless rows of unsold gas guzzling SUV's doesn't make me feel sorry for them. Rather, it makes me wonder why there hasn't been an earlier push toward vehicles using alternative fuels or at least a substantial increase in fuel economy. The auto industry is woefully behind the times, imo.

My guess is that any company able to offer a path to viable alternative fuel options or substantial increases of fuel economy in the near future will weather this economic downturn.  Those auto companies unable to quickly turn the corner into the 21st century might not be so fortunate. And that's the way capitalism is supposed to work, from what I've read.

Why reward the careless. short-sighted and greedy when they underperform in the market?

lw
Lost my boots in transit, babe,
smokin\' pile of leather.
Nailed a retread to my feet
and prayed for better weather...