Quote Of The Day: I Smell A Rattner Edition

by Edward Niedermeyer

Published: July 9th, 2009

quote of the day i smell a rattner edition

“I’m sure in the fullness of time we’ll all look back and think of things that might have been done differently, or perhaps should have been done differently.”

Presidential Task Force On The Automobiles Steve Rattner in an Automotive News [sub] piece on potential conflicts of interest created by the auto industry bailout.

Edward Niedermeyer

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Toasty on Jul 10, 2009
Weekend at Bernie’s That's perfect. Short term expediency outweighs long term success. Isn't it obvious?

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GS650G on Jul 10, 2009

Then why not listen to more people today with experience in the auto business and make correct decisions now? Idiot. He wouldn't get hired as copy in the ad department and now he runs the show.

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Toasty on Jul 10, 2009
Then why not listen to more people today with experience in the auto business and make correct decisions now? Because some of those experienced people are the ones that ran domestic autos into the ground, and it's very easy for political folk to take pot shots at all of them, rather than just the deserving idiots. I'm certain there are managers around that could take control of what's left in Detroit and build something worthwhile from the ruins, but with the yoke of government "non-interference", fat chance that'll happen. Short term, votes will be got. Long term, we're screwed.

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GS650G on Jul 10, 2009

This is all a big lesson in nationalizing companies. Let's hope the airlines keep it together/

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