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Tuesday, April 28, 2009

"Pontiac, The Mark of Great Cars"


Another milestone in the long decline of American manufacturing (and the jingle that went with it).

Pontiac - look for it only in the history books and those who remember their Firebirds and Thunderbirds, etc.

Meanwhile, the prospect of a GM bankruptcy is frightening, mainly because I see the law of unintended consequences or unforeseen consequences, for those would would gamble on a courtroom.

Should the Congress have done more to help the government deal with this situation? Should we (the public) know who the GM bondholders are?