Saturday, July 01, 2006

A Three Way?

Kirk Kerkorian, the billionaire who owns 9.9 percent of General Motors made his big play Friday by pushing the GM board to explore an alliance with automakers Renault SA and Nissan Motor Co.

Brazilian Lebonese Carlos Ghosn, the CEO of both Renault and Nissan, is a "a turnaround expert and a ruthless cost cutter" who also thinks consolidation a good idea. Nickname "Le Cost Killer."

Carlos is one of the new millenium's typical corporate cowboys. The continuance of the Reagan/Bush/Clinton era of businessmen who have no inclination to consider the community or people – it's all maximum profit and government legislating the way. Yeeeeehaw.

The next generation of Joe Blows will drive tiny painted beer can cars of whatever dull color is cheapest to produce, good on mileage, but never without a car payment as the putt-putt-putt is planned obsolescence. Made by wage slaves at home and abroad, and probably assembled in Mexico.

The New American Century of the Elite – ride 'em cowboy.

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