Better the devil you know?

Now, if this was a Knight of the Round Table, bearing the sword of Exkalibur, that would be one thing. Alas, not.

Rather, it’s an insidious invader disguised as a heroic force, riding to the rescue of American companies facing catastrophic economic ruin. So, as I watched portions of the Congressional hearings this week featuring the CEOs of America’s automakers, I couldn’t help but think: Where did the congressmen and senators learn about the auto industry?

How are they qualified to assess the business plans of the three U.S. automakers? (more…)

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