1. I hate AMEX in general.
2. The US Auto Industry.
The thing is, do the clueless morons that is the leaders of US auto industry realise how fucked up the US auto industry is?
Does anybody outside the US actually want American cars? Perhaps, but do any pass any basic legal and/or environmental standards? [cf. An Inconvenient Truth]
And so the auto industry now wants 25 billion dollars. To do what exactly?
You guys/gals in the USA.
People around the world THINK SOME OF YOUR CARS ARE REALLY COOL. Really, I mean, a lot of us watch Transformers, and say, F***, I'd like to drive a Chevy Camaro, instead of that BMW everyone's raving about.
Now, here's the hard part. Talk to your elected representatives, and figure out, how the HELL to sustainably manufacture, export and profit from, well, the US auto industry, in the USA and OUTSIDE the USA.
To me the equation is very simple. Why the hell are there so many BMW's and Mercedes in so many countries around the world, Africa, South America, China, South East Asia, UK, Europe, Australia, etc... But hardly *any* US cars?
I mean, let's take the Ford Mustang, classic brand, car, etc. In the USA, it has to compete with a lot of non-US models. *Outside* the USA, it is impossible to find. Very rare in the UK, Europe, Australia, South East Asia...
What is going on? Why is the "industry" still so strongly based in Detroit? Is it still based in Detroit? Are they in cahoots with Big Oil? What are the longer term plans for global carbon reduction? Wherefore the new technologies? Why are hybrid and electric cars mainly from Japan? Are there better solutions besides hybrid and electric cars?
Why does the auto industry not use the immense brand power and cultural mindshare (spread through US movies and TV shows, for example) to *properly* globalise the US auto industry and reduce high dependence on the fluctuating domestic market whose spending is driven largely on debt...?