Thursday, December 11, 2008

Greed or gift?

“We three kings of Orient are; Bearing gifts we traverse afar,
Field and fountain, moor and mountain, Following yonder star …”


They came first by private jets, then by fuel-efficient vehicles, with heads down and hands out, asking for help.

Chief executives from "The Big Three" U.S. automakers – General Motors, Ford and Chrysler – said in order to survive, they need government to provide them with some cash … $34 billion to be exact. After years of overspending, mismanaging certain areas of their respective organizations and poor choices, the car companies are at a loss of what to do next.

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