Tuesday, November 18, 2008

Blaming the Victims?

. Tuesday, November 18, 2008

Help us, pleeeeez. While clearly we wouldn't be here without the financial crisis, the fact that we are here offers an opportunity. Naomi Klein calls this the shock doctrine: use a crisis to force change.

"The executives said the need for help stemmed from the current financial turmoil, and not from poor management."

Chris Dodd said "the executives’ discomfort for coming to Congress to ask for money was “only exceeded by the fact that they are seeking treatment for wounds that are to a large extent self-inflicted. No one can say they didn’t see this coming. These companies have been struggling for years. I support action as a way to minimize the possibility of a destabilizing event in the economy.”

Dodd is, to some extent, blaming the victim. The Execs are, to some extent, shirking responsibility.

What say you? It's your money. To help think about the impact of saying no, here's a good discussion of the jobs linked to the auto industry (thanks Elizabeth).

And by the way, don't expect the Volt to save GM's hide.

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