Comments on The Burd Report: Chrysler threatens to take its ball away from the ...

Dear Anonymous, please remove your head from my be...

2009-03-14T18:40:00.000-04:00

Dear Anonymous, please remove your head from my behind and note that I made no assertion whatsoever about "the immediate future".

The current crisis is but a mere speed bump, a bit more serious than the usual bumps and potholes, but history has demonstrated that since 1900, more people are living longer, fewer children are dying before their 5th year, fewer women die from childbirth, more people are better fed, less people are hungry, more people are literate, more people have post-secondary education, all around life has improved, not incrementally, but immensely, and it was all in spite of billions of new mouths added, 2 world wars, etc.

Of all the economic systems, capitalism generated more wealth by investing in the creative forces of human beings. This will continue. Not just for "some of us humans" but for the majority of humans, the vast majority.

So miss chicken little, you won't need your umbrella for long -- history bears it out.

One has to be delusional to be optimistic about th...

2009-03-14T16:54:00.000-04:00

One has to be delusional to be optimistic about the immediate future; ignoring all evidence to the contrary with head firmly up one's behind.

While I am optimistic, indeed certain, that some of us humans will ultimately persevere to rebuild a more sustainable world, it's difficult not to see that Dylan was right all those years ago when he told us "A Hard Rain's Gonna Fall".

Get your umbrellas ready folks, it's about to begin.

Capitalism won't be going down the tubes. It is th...

2009-03-14T08:07:00.000-04:00

Capitalism won't be going down the tubes. It is the most resilient economic ism of all time. It will prevail. The oil won't be gone for decades more. In the meantime, capitalism will be investing in new technologies, and lives will continue to improve on the long run, just as human life improved immensely throughout the 20th century, in spite of the Great Depression and two world wars. Life expectancy rose, infant mortality decresed, literacy expanded, etc.

Take your pessimism to the check-out counter and turn yourself in for an optimism injection.

We won't be needing all those cars when the oil is...

2009-03-13T14:36:00.000-04:00

We won't be needing all those cars when the oil is gone, and capitalism will go down the tubes with it as everything else falls apart too. We will all be on foot and bicycles then, the formerly rich and poor alike.

Total bankruptcy of the North American auto indust...

2009-03-13T09:15:00.000-04:00

Total bankruptcy of the North American auto industry might taste baaaad, but be good medicine. It would increase the power of overseas automakers, they buy up the debris, hire half the number of unskilled labourers, emasculate the unions, and profit from it. Good plan.

The first rule of negotiating is to do it from a p...

2009-03-12T15:36:00.000-04:00

The first rule of negotiating is to do it from a position of power. Chrysler has failed that course - send 'em home! Next!

I think we should tell all of them to go to hell. ...

2009-03-12T14:16:00.000-04:00

I think we should tell all of them to go to hell. We're only throwing good money after bad at this point, and when I say that, I am referring to all of North America. It's too late now to try and draw a line between us. We are ultimately in the same sinking ship they are.