“what exposes us to failure now is not our product lineup, or our business plan, or our long-term strategy.”

- rick wagoner
chairman and chief executive officer of general motors
in testimony to the u.s. congress on 18 november 2008

its this disconnect from reality that makes me oppose bailing out the auto industry, unless of course we throw out mr. wagoner and legions of lobbyists who have campaigned against all the previously proposed legislation targeted at improving the auto industry.