 I'm going to have to agree with Kerry on this one. You can't wait on the market, especially today's market. If the lucrativeness of innovation and new technologies and the example of Japanese companies making better environmental standards on their cars and their success isn't incentive enough, I don't know what is. American companies like GM and Ford are sinking big time because they won't innovate like Japanese companies, companies of which that are doing great now.
And American auto companies aren't showing any signs of changing in the near future either. California wants to set auto environmental standards down the road to higher levels that would actually be at roughly the same levels of China's today, and the auto companies are suing. I mean that's just sad. They can't sell some cars in China because they don't meet Chinese environmental standards. Instead of innovation they're more focused on laying off workers and closing plants. I just don't understand it.
Obviously the government has to step in and put in caps because the market won't do it on its own. "If you want to achieve peace of mind and happiness, then have faith; if you want to be a disciple of truth, then search" -- Friedrich Nietzsche
Economic Left/Right: -9.50
Social Libertarian/Authoritarian: -6.72 | 
04-10-2007, 10:50 PM
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