Thursday, September 23, 2010

"Wow, What a Difference..."

There were two things that were everywhere in my youth:
Blockbuster, and McDonald's.

Now I can't go anywhere without seeing a Sonic, and I read the news today (oh, boy): Blockbuster files for bankruptcy. Amazing how much of a game-changer that a simple technology can be.

In a certainly unrelated and shame-on-you American car companies story, Toyota is getting first dibs on Tesla. While our government has been bailing-out dinosaurs, the Japanese have been doing what car companies should have done in the first place and taking risks in new technology. But then again why worry when you have politicians so in love with labor unions that they will prop up a company that has by all rights should have gone bankrupt with Blockbuster. Hey, DC, why didn't you take the 50 billion and give it to Tesla? That would have been money well spent.

Another thing; why no bail-out for Blockbuster? They don't have a union? I mean, those Netflix guys are destroying what was once the great American tradition: dealing with the arrogant clerk behind the counter who thinks your taste in movies sucks.

1 comment:

Arely said...

So very well said! It is an absolute disgrace that while we are trying to cover the sun with our thumb, others are able to look ahead to the future and make actual investments.