Ford and GM pushed green in China, Congress sux

I think it is hilarious that Ford and GM are suddenly realizing that in order to be competitive in China, fuel efficiency will be one of the most important standards. Stricken by severe pollution, China is raising fuel efficiency standards and levying new taxes on gasoline to temper demand for foreign-oil.

SUVs and big trucks have no chance in this market, except possibly, hybrid versions.

GM has wagered poorly in betting the future on fuel cells. They are simply not going to be cost-effective in time to reach the fast growing demand for fuel efficient technology, which is not going to be driven by tree-huggers in America, but by emerging markets such as China.

Where has Congress been?

The U.S. Congress has failed America, and continues to fail America, by not raising fuel efficiency standards - amongst other things - something that should have been done decades ago, but has been prevented by rich lobbyists from the auto and oil industries.

Ultimately, corporations serve shareholders, not citizens, and the 'right' thing isn't always as important as the profitable thing. It's not about Congress baby-sitting auto corporations, it's about Congress protecting Americans from pollution and terrorists.

More important, had Congress done its job 20 years ago, American auto companies would be the world's best, instead of one step away from junk bond status, or even bankruptcy.