Britalian

There is a strange sense at the moment, a lot of the major outcomes from the financial crisis have yet to really be put in motion and we are still getting stock markets movements up 5% one day, down 5% the next.

The latest crisis sees Nancy Pelosordi calling for a financial bailout of US car makers. i think that’s ridiculous. Why reward companies for training a nation to use products that are so entirely wasteful, so cruelly inefficient that it led to a dependence on a product supplied by countries that include their enemies?

The gas guzzling SUV has become a symbol of American consumerism and over consumption and yet Pelosi thinks that these companies should be bailed out.

If you give them the carrot of 10 billion dollars for the companies when they each produce a car that runs on water, or one that produces zero emissions, we would see those companies change. Now they will only carry on churning out the same heavy, wasteful machines.

By the way, so much for my £10 bet on McCain. Worth it though.