${log.root}/lowem.log
Inflation, Investing and Everything


All | Energy | Java | Tech | Musings | Env | Biz

AddThis Feed Button
20060107 Saturday January 07, 2006

GM and America together slide toward calamity

peakoil.com -> roanoke.com :

Once a paragon of American industrial might, GM is sputtering before our eyes. GM has tenaciously held to paradigms that no longer exist and continued to build vehicles that don't fit changing times and consumer tastes. In contemplating GM's "choice," one would surmise that failure was never a conscious goal; there was never that fateful board meeting where directors schemed, "Let's destroy the company." But the result of continuing bad decisions may ultimately prove to be the same.

America, too, is exhibiting the inability to adjust. In many ways, our empire suffers from the attributes and behaviors that have doomed all empires before us. Like GM, we stumble, clueless, into the future, wondering why what worked so well before works no more.

The warning signs of failure are everywhere. We're experiencing military overextension. We're failing to protect the environment that nurtures us. Third is our financial crisis. Finally, our inability to prepare for our coming energy crisis will prove catastrophic. Oil in particular is destined to become increasingly scarce as we approach the peak of international production.

Like GM, America must act to meet emerging challenges, yet both seem incapable. Adjusting to new realities by becoming more sustainable and equitable will become the defining challenge of our era. We're on a one-way street toward calamity. A U-turn is urgently in order.

Google Base :
american auto-makers

(2006-01-07 12:42:23 SGT) [Energy] Permalink


Your Ad Here


Most popular blog postings on lowem.log :

1. Singapore MRT rail network length to double by 2020
2. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
3. Live spot gold price quotes chart on COMEX
4. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
5. AVG Anti-Virus Free Edition 2011 direct download link
6. Real-time live gold and silver price quotes chart on COMEX
7. Singapore electric vehicles : Government agencies EMA and LTA to study EV introduction
8. Book review : Shut Down by William Flynn

Featured articles on lowem.log :

1. Book review : Shut Down by William Flynn
2. Singapore electric cars testing starts with 9 electric vehicles
3. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
4. 2010 Honda Civic Hybrid preliminary specifications released
5. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
6. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore : Nuclear power not ruled out



search
sponsored links


bookmarks

about
my profile
contact me

blogroll
biow/ken/wenn
reviewem
dividend investing

sites
photo gallery
wiki

quotes
live oil prices
live gold prices

charts
live forex rates
live oil chart
live brent crude chart
live gold chart
live silver chart

historical
crude oil chart
gold chart
silver chart


navigation
decals

Click for Singapore, Singapore Forecast





rss feed for lowem.log

Get Firefox!

powered by
hosted by