...the sad truth

I sigh when I remember that General Motors was once a highly profitable company, which stood as an icon of American success.  “Cars made for Americans that Americans wanted”…once upon a time.   Well that was then and all the GM administration can do now is reminisce about the “golden days”.  

GM is now defined as a wasteful company that made vehicles most applicable to the desires a different global economy.  GM stands as a shining example of a company that was hell-bent on making an easy buck that it never cared to see the grave it was digging itself way into. 

I couldn’t even smile briefly when GM CEO Rick Wagoner was ousted by the current administration.  It is horrifying to witness a pillar of American economy that was driven to bankruptcy by a leader’s desire to produce trucks and SUV’s despite consumer trends.  Rick Wagoner displayed no sense of sustainability.  I sympathize for the fallout as the final nails are driven into the coffin of GM.  As GM stands on the verge of a prepackaged bankruptcy- its best option- I can imagine the awe on the faces of future generation as they learn that long ago people drove and desired American made vehicles.  

The only positive aspect I can stretch out of this mess is that this will serve as a historical example of an American folly and how our economy should be preserved.