Originally Posted by
lil brown bat
"Slowdown"? You're joking, right? Ford wants a $9 billion line of credit, GM says it needs $12 billion to keep operating. There are still plenty of auto companies in the world, and that is what people are buying. This has nothing to do with bicycles or whether people are riding them to work. Nothing whatsoever.
This is quite true. Unfortunately, much of our economy is tied to these companies with the grossly overpaid yahoos who ran them into the ground. I know many cyclists want to see the complete disappearance of cars and the auto industry; however, they fail to realize that if it does occur one in ten people will be unemployed. My capitalist beliefs want the automakers to go bankrupt as punishment for gross mismanagement and a lack of proactive technical innovation; however, I don't want to see the net result of such a failure. It would make the Great Depression look like a church social.
