Is it me... or is the proposed unprecedented rescue of America's big three car makers more steeped in irony than Alanis Morissette's song "Isn't it ironic" (that had no irony in it)?
The over-consumption, debt-dependence and future-blindness that caused the credit crunch could have no better poster-boy than the US car industry. Churning out completely unsustainable, resource-eating super-expensive vehicles that are driven from one side of the road to the other by a nation that has forgotten how to walk, these companies have to change. If anything has to change, they do.
Yet when faced with the consequences of their own creation, they go begging to their government. And for some extraordinary reason the government appears to be willing to listen, and consider giving them vast amounts of public funds.
Rather more useful would be to use public funds to retrain the workers in this industry to do something useful, like insulate houses, build public transport infrastructures, or work in healthcare.