From USA TODAY:
(General Motors Chief Executive Rick Wagoner said)…GM never could have predicted how quickly the change would come as oil prices doubled in the last year.
“We missed that, but I think us and 99.999% of the rest of the people in the world did too,” he said.
I see. Well then, Mr Wagoner, if you Titans of industry and finance are no different from “99.999 percent of the rest of the people in the world”, then how in God’s name do you justify your multimillion or billion dollar pay packages?
2008 will go down in the chronicles as the year when the economically libertarian “Atlas Shrugged” and then played Russian roulette with an automatic pistol.