From the Annals of Cluelessness

| Mon Dec. 8, 2008 12:50 AM EST

FROM THE ANNALS OF CLUELESSNESS....A reader recommends watching this interview on Friday between Greta Van Susteren and Troy Clarke, president of GM North America. It's worth a listen just to hear his answer to this one question: "What possessed the three automakers to come to town without a plan asking for money [two weeks] ago?...Didn't you know that people would want a plan?"

The exchange starts at about 10:45, and Clarke's answer, basically, is that they figured, hey, the banks got bailed out without a plan, so why shouldn't they? After all, when it's raining money, you don't ask questions, you just get out your bucket.

Points for honesty, I guess, but not much else.

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