Thursday, May 28, 2009
No need for any more new cars
A swift glance through any newspaper anywhere in the world on any day of the week will reveal that the world is awash in automobiles and vehicles of every imaginable kind. It is almost certain that if not a single new car was built in the following 20 years that the need would never arise for one. The automakers, now owned mostly by governments and the international oil industry has us all believing that we (the tax payers) must cast ourselves on the altar of carpitalism to save the global economy. What rubbish. The unions are happy to oblige as long as the workers are paid $70 an hour for assembling all the new cars that no one needs. More rubbish. Is it any wonder that we find ourselves in the current troubles. Let's see now - ah yes the sovereign banks. It is almost certain too that we do not need to print another dollar or build another house while the financial institutions from what we read are single beneficiaries of this global snow job. With this much snow around it is astounding that the earth is warming and not cooling. The only thing that makes sense this week is that Barcelona beat Manchester United on Wednesday. Thanks for the small justices.