Consumer Reports' Fear of Success

Nov. 21 - After years of bashing North American automotive products and pointing consumers to imported vehicles, it seems that Consumer Reports finally understands the consequences of their distinctive bias. The company released the following statement today.

"Consumer Reports has concerns about letting domestic automakers fail," the magazine's publisher, Consumers Union, said in a written statement. "The loss of any major auto manufacturer would leave consumers with fewer choices and the industry with less competition and innovation, particularly at a transitional time when the industry is pursuing alternative energy technology. Moreover, the impact of losing a domestic automaker on the U.S. economy and jobs could be severe."

Well, duh! The volume of commentary over a monetary package that is 28 times less than the one earmarked for the financial sector is simply astounding. The current economic woes came from Wall Street, not Michigan Avenue. It remains a mystery why some people and organizations cannot prioritize their doggerel to reflect reality.

At least, CR appears to have acknowledged that things may have gone a little too far. Far too late, though.