Saturday, January 17, 2009

Random Thoughts via Lee


A week or so ago we received one of those Fw:fw:fw:fw: “Celebrity X really nails it”-type emails from a good friend of our that made us weep for all the cyber-trees that were felled in its center-right populist name.

In this particular instance, it was Lee Iacocca blustering (“Our schools are in trouble”) and ranting about a lack of leadership in this country. After reading Lee’s screed we got to thinking about something that related to Lee, the bailouts and two historical instances to which he was central:

Private innovation, investment and initiative gave us the Mustang. A federal bailout gave us the K Car.


P.S. Full disclosure: Anyone who read P.J. O'Rourke's brutally scathing assessment of Iacocca's autobiography in P.J.'s Give War a Chance could forgive us our dim view of Iacocca.

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