While I was babysitting my 7mo. old grand daughter, I happened to catch the beginning of the Congressional hearings of the big 3 auto co. CEOs. UAW chief Ron Gettlefinger was in the same panel. What I saw was really sad, no, sickening. Three titans of industry groveling before an inquisition of people who were clearly their moral inferiors.
These men were begging for permission to continue to exist and then apologising for not having done the impossible--to make cars with super gas mileage, using alternative fuels, no emissions, affordable to the poor, and that everyone wants to buy.
What was really pathetic was how many of the Representatives insisted that they have to be careful with taxpayers' money. What a bunch of two-faced hypocrites. These are the same humans who a few weeks ago were tripping over themselves to give Henry Paulson $700 billion as soon as he cried wolf! But loaning $34 billion requires several weeks of intense interrogation examining every feather in the pillow. As if they really cared!
That $700 billion wasn't to bail out Wall Street. It was to bail out Congress. To bail out their own hides while blaming greed. And the American people are swallowing it whole. These hearings are just the icing on the cake that was the biggest congressional power grab and money grab ever.
In a way, I don't feel sorry for those CEOs. They deserve this treatment for not defending their rights or capitalism or free enterprise.
If you want, CSPAN is reshowing the hearings at 8 PM EST Tonight. They're about 6 hours long. No doubt, Cspan will repeat them later also. Take some Bufferin before watching.