Incompetent Politicians

There is a lot of talk about the Big 3 these days and a lot of it comes from Washington. Take this from House Speaker Nanci Pelosi "We want to see a commitment to the future. We want to see a restructuring of their approach, that they have a new business model, a new business plan." (WSJ 12/3/08 A14) First, what business does not look to the future? Second, I am certain there is nothing a California lawyer can tell the Michigan Auto industry about how to form a business plan or run a business, let alone how to restructure one.

Politicians pass buzz word after buzz word while American manufacturing dies.