Sunday, December 21, 2008

The Big 3 As a Microcosm of the United States

We are in for a long and hard, but necessary downturn not only in the United States, but also worldwide as well.  We have lived beyond our means.  Money has been too easy to get.  Too many bad ideas, bad business plans, bad behaviour have been not only rewarded, but have been flourishing.  
For far too long the baby boom generation, the WORST generation, the most narcissistic, pampered, no values, not allowed to fail, not allowed to feel bad about themselves and spoiled generation in the history of mankind has stolen from their kinds, their grand kids, and their grand kids grand kids.  Worse, they have changed the values of America, changed what it means to be an American.  They have chosen the "proctologist's view" of the history of America, to the point that the country that is more tolerant and has give more opportunities to religious and racial minorities is now seen as a racist country.  The country that has done more for female rights is seen as a sexist society.  It's like looking showing video footage of Michael Jordon and showing mostly his missed shots and turnovers.  "Well, he missed 50% of the shots he took." Compared to whom?!?!?!  He is  arguably the greatest basketball player ever and greatest winner in the history of sports!
But I digress.  
There are two sides in the U.S. auto industry that have chosen over and over again to pass the buck, pass the debts, pass the unprofitable business plans on too the next generation of owners and workers.  Who is more to blame? Workers? Management?  My thesis is that a large portion of the baby boom generation on both sides made terrible concessions and deals that have sold my generation down the river.  Deals that they should not have either made, deals that should not have been strong-armed, and deals that should not have morally been accepted.

People must be allowed to fail.  Companies must be allowed to fail.  Industries must be allowed to fail.  Economies must be allowed to go into recession.  

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