As F. Scott Fitzgerald famously opined, the rich aren't like you and me. Ipso facto. What would you be like if you could do anything you wanted to do from childhood, without ever having to acknowledge (never mind deal with) the consequences of your actions? If you could simply walk away from school, job, marriage, even your home town and start again? It's no wonder that the children of the super-rich are prone to drug addiction, failed relationships and depression. No sympathy? At the risk of trampling on PC notions (for the fiftieth time today), these "poor little rich kids" have more potential positive impact on society than people with less financial resources. All of which is my way of saying my heart goes out to Bill Ford. Clearly, Bill wants to make a difference in this world. Clearly, he doesn't understand his own limitations– because he's never had to. Turning over the corporate reins to Alan Mulally was the right thing to do for Ford, but, perhaps, the wrong thing for Bill. In the same sense, starting-up this new think tank is a bad idea. Ford needs to ground himself in reality, rather than drift off into the world of fantastic ideas. How do I know this? Bill's legacy at Ford speaks for itself. And the man who left it behind.
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If we want to reduce gasoline consumption and carbon emissions, the only justifiably efficient policy is direct taxation of carbon emissions. Every other policy is some form of second-best measure, and each one fails in some way at achieving the stated goal in as smooth a manner as carbon taxes would.
CAFE standards simply attempt to force automakers to do what the free market would force them to do anyway if we efficiently priced carbon, except the extra cost of increasing fleet-wide fuel economy is borne by the consumer in the form of higher vehicle prices, instead of being captured by the government as revenue.
Our Little Lord Fauntleroy was utterly inept, and shown the door before be brought the whole enterprise down upon his ignorant, floppy ears.
Let’s remember what the road to Hell is paved with, and clap really loud for whatever Bill Ford does outside the business, and at the same time, give it no weight or attention.
“That’s nice, Bill. Keep playing with the shiny thing.”
Everyone needs a hobby.
As far as puppies with new Fords:
http://www.youtube.com:80/watch?v=LKQ6RsnIT1c
Johnny Canada : Thanks for that. Is it me, or does that boy look at the puppies and lick his lips hungrily? Weird.
“Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft where we are hard, and cynical where we are trusting, in a way that, unless you were born rich, it is very difficult to understand.” – The Rich Boy, F Scott Fitzgerald