Clusterf#@k to the Poor House - Dude, Where's My Car Industry?

More hilarious commentary from Jon Stewart on the past weeks news from Detroit:

This frames a slew of commentary on weather US taxpayers should or should not save the Detroit Big 3.

Mitt Romney's op-ed piece on NY Times is interesting particularly because he suggests blowing up the management that drove them into this mess whilst attempting to maintain employment for workers and dealers. The Bloomberg piece drives the point home on management needing to absorb significant change whilst this news on Chrysler's management bonuses puts the nail in the coffin... but it's great to see they retained 'talent' with the program. :-)

The Carroll Plan is a little more drastic and I think would suit the industry if you had 2 years to scale up the factories in question, but the US doesn't have that sort of time.

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posted by Lee Gale @ 6:47 AM,


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