Yesterday, in dissecting the likelihood that General Motors could make a quick emergence from bankruptcy (and even raising in passing the question of whether it could really emerge from bankruptcy at all), and noting how much it could stiff the government/taxpayer in the process, I wondered skeptically (to put it politely) at the naïve optimism (to put it politely) of President Barack Obama’s “industrial policy” toward two of the Shrinking Three automakers.
Well, it turns out The One has nothing in this area on Michigan Gov. Jennifer Granholm, who (to put it politely) is whistling in the dark.
Unless Toyota is opening its delayed U.S. Prius plant in the Great Lakes State, Granholm is even more deluded about the Shrinking Three than Obama is, given the woo she pitches at the HuffPost. (Of course, given the amount of pseudoscience the Greek Goddess peddles, it’s only fitting that this pseudoeconomics piece should appear there too. It's also fitting that Gang Green-ish Kos would tout this story.)
Beyond the absurd idea that GM or Chrysler is going to make anything green in terms of either environmentally-driven cars OR American dinero in profits in the next several years, some of the companies she touts as partners in this project?
Dow Chemical? Polluter of Saginaw Bay. Hardly green.
Johnson Controls? With at least one municipal government that I’ve reported for a newspaper, it’s failed to deliver on projected “green” cost savings.
Dunno about all the others, but if these are alleged “green” partners for GM, it shows just how deluded — or how fearfully grasping at straws — Granholm is.
It could be a mix, to be sure. In that case, the end result is self-delusion.
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