Politics and economics

I don't like to make political statements but the anxieties being created in the current economic climate leaves me no choice. Most accountants will tell you that the purpose of any business is to make money. So the product is of no consequence. The "Big Three" American auto manufactures objective is to make money. The last great Automobile Man to run a company was Lee Iacocca. He built cars that people wanted to buy which incidentally made money for the company. The current plan of these companies is to close plants, layoff workers, and close dealerships, which might make sense for making more profit, but it doesn't make a car people want to buy. More importantly with everyone being laid off who can afford to buy a car.

Obviously, over the last three or four decades very few people can afford to buy a car so people turned to leasing. Now the financial markets are so messed up it's almost impossible to buy or lease a car. What a sinister web we weave.