Transportation Renaissance Won't Happen With Detroit Bailout
This morning I begin my Sunday morning like most other mornings by reading the New York Times and scanning the news. Today I read about the worsening US auto industry illustrated by a dealer in Quincy Florida and his struggle to stay open.Bruce Thomas has spent his life working and building his dealership to the point where he is the second largest employer in his hometown and where he has over the years support numerous charitable organizations. The future looks bleak for Bruce, the mayor of Quincy is worried about the impact of Bruce going out of business and people are scratching their heads wondering what happened. For those of us who have been unhappy with the Big 3 since the oil embargo of the 70's (yes I am that old!), this downturn is hardly unexpected. It reminds me of the phrase "what do you do when you are climbing the ladder of success only to find out you are on the wrong wall?" This is where we find ourselves, and I have to admit that we told you so. So...