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OpEdNews Op Eds    H3'ed 6/5/08

Who's in Charge of Change?

By       (Page 1 of 2 pages)   6 comments
Message Mike Folkerth

Good Morning Middle America, your King of Simple News is on the air.


GM is closing four more plants as sales of trucks and SUVs decline. I indicated a while back that the SUV market would become non-existent. It’s hard to contemplate that anything is gone forever, but SUVs most likely are.

The auto industry is slow to respond to current conditions and certainly planning is not anywhere in their culture; but was it ever in our culture to accept change?


Consider what the horse drawn wagon manufacturers must have thought when told that the “horseless” carriage was going to put them out of business; fat chance.


In the movie “Other Peoples Money,” Danny DeVito said that he bet the last factory that made buggy whips made the best damn buggy whip in the world, but they still went broke.


My point in all of this is that sweeping change really does come, but is normally forced rather than welcomed. We don’t plan for things to be different because we don’t want things to be different.


For those towns and those workers who depended on GM for their livelihood, the poor planning by GM is a crushing blow. We have known for more than fifty years that a fuel shortage was coming, but we failed to plan. Even big GM who pays their executives millions, failed to heed the warnings and instead built trucks and autos that would rid the world of steel and fuel as soon as possible.


Ya see the SUV and giant pickups of today are simply the horse drawn wagons of yesterday and like the wagon manufacturers, they will go down in history as those who failed take notice of a changing time.


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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
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