As Karl Marx once said, history repeats itself, first as tragedy, second as farce. In last year's epic auto chronicle, Crash Course: The American Automobile Industry's Road from Glory to Disaster, author Paul Ingrassia wrote about the catastrophic decline of the American automobile industry in the seventies: "Just as General Motors was led by financial people, Honda would always be led by engineers... Put another way, the bean counters ran GM, while the car guys ran Honda. It would make a crucial difference between Honda's success and GM's failure." While...
Source: http://www.realclearpolitics.com/articles/2011/02/05/when_government_motors_fails_again_108733.html
Rudy Giuliani Jimmy Carter Dick Cheney Barack Obama George Soros
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