Friday, May 26, 2006
The Gas Price Fiasco Continues, GM XLT Edition
Since stupid people do not understand complex problems, and since the Empire's automobile companies have been part of the problem and not, at any time, the solution, here's the latest entry in the "you just can't make this stuff up" department. The sadly sagging General Motors, whose fortunes have been shall we say, less than stellar, has come up with perhaps the worst response to the growing twilight of oil imaginable: The General proposes to pay the difference in price of gasoline above $1.99 per gallon for one year to buyers of grotesquely sized Suburbans, Yukon XLs, Hummers, and slowww-selling Buick Lacrosses. Chaos has had no formal business training, but suspects a move like this foreshadows extreme desperation and eventual bankruptcy.