[classicman]

I cannot blame the govt for the lack of foresight on the part of the American automotive manufacturers. What did they think, that GWB et al were going to be in office forever? And that they were gonna take care of them past 4 or 8 years? C'mon! Did they believe that their "reign" would never end? Thats a load of crap!
The reality is that, collectively, they were shortsighted and not innovative enough. They didn't plan long term and were AGAIN beaten by more innovative, creative and driven corporations. Isn't that just capitalism at its best? Why is it a bad thing that a better product was made? Or is it just that it wasn't American technology or innovation. Well that really isn't anything new in that industry is it? The Japanese and others have made far superior vehicle than ours for a very long time.