Did we just declare a financial War on Iran?

[spudcon]

So Detroit's decline has nothing to do with union excesses?

Originally Posted by tw

Sad truth is that those 'so called' Japanese innovations were really developed in America - sitting stifled and unused for up to 10 or 20 years when foreigners finally 'discover' and implemented them.

Classic examples are the Honda CVCC engine of 1980 - developed and stifled in early Ford Motor in early 1960s as the stratified charge engine.

Classic example is the 70 Hp per liter engine found in reliable cars starting about 1992 - ready for production and stifled in 1975 GM.

How to stop American automakers from innovating? Stop EPA air standards and mileage standards from forcing these MBA educated auto executives from innovating. Then things that make America great - ie hybrid and electric power trains using 1938 railroad technology - can remain stifled.

Government gave GM something like $100 million in 1994 to build a hybrid. What happened to that money? Well GM was only four hours away from bankruptcy in 1991. That money probably came in real handy to keep executive bonuses coming - corporate welfare.