Last week something remarkable happened---our US Congress asked the automakers to draw up a business plan that showed how saving the current industry made business sense----that action made the CEO's scurry to their private jets and head back to Michigan.
The bottom line of of the recent events might be that only a bankruptcy court can void the necessary contracts, void the compensation programs for the current ineffective executive staff, and fashion a new vision, of what a non-gasoline based, green, eco-friendly, and sustainable auto industry might look like.
Recently both the auto workers UAW heads and the company heads were heard to mutter, "Not me, Mom" just like two kids in kindergarten-----the situation is way beyond the blame game. It is about painful and quick change, and it will happen soon.
One pundit was heard to mutter lately that maybe one should create a giant historical museum, under the Smithsonian I presume, and mothball a giant area of Detroit for the lost historical site---and bring tourists to see it. Of course they would pay admission. Recently in our fair city, the notion of looking for lost historical districts has gained fashion---the idea is that if one assumes that one is of value and an esteemed destination that people have forgotten to visit---then it follows that one must search for a lost historical district to preserve as a major area of economic development. Hence---maybe we should just mothball Detroit---and place the new high tech automobile development somewhere far, far away where labor and management can begin again...fresh.
Monday, November 24, 2008
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