2 liter car executive perk (NAC)

[Mihnea Cotet]

I have to agree with Phil on this one.... but wait a minute, weren't we 
supposed not to talk any politics on the lists???

Mihnea

At 17:15 2/12/2003 +0100, Phil Payne wrote:
> > Here in the States, a "2 liter car" is an outright insult, not an executive
>perk. People have quit, even gone postal, over less.
>
>And your gas guzzlers have a maximum speed of what?  On a German Autobahn, 
>a surprisingly
>large proportion of the cars in the outer lane are Audi A4 1.9TDI wagons, 
>averaging 130mph+
>for hours at a time.
>
> > Phil just *may* have hit upon the reason for the lackluster (I'm being
>*very* kind) performance of the German and French economies (they didn't
>meet EU fiscal requirements, so the EU changed the rules - all the other
>countries in Euroland are now officially pissed off since THEY had to bust
>their chops to meet the rules . . .), especially in contrast with the US
>economy, which grew at an annualized rate of 8.2% in the last quarter,
>which is simply phenomenal.
>
>But it's not organic growth - it's funded by a transient and unjustified 
>(in an economic
>sense) war economy.
>
>Seen the deficit lately?  Anyone can spend to a deficit.  A cap of 4% is 
>now running at 8% -
>this is a number you're PROUD off?  It would frighten me witless.
>
>http://www.usatoday.com/news/washington/2003-11-30-mccain-congress_x.htm
>
>"He said growth of spending had been capped at 4%, but it was at least 8% 
>higher. He said he
>will continue urging Bush to veto profligate spending bills. The president 
>has not veto a
>single bill since he took office."
>
>Heinz, Fritz and Francois say "I worked my butt off and all I get is *this*
>sh*tbox?"
>
>Joe, Sam and Harry say "I'm gonna get a new Escalade out of this (all six+
>liters of wretched excess!), so watch me hustle!!!!"
>
> > Capitalism is wonderful . . . especially if you own an oil company.
>
>And also control the armed forces of the only superpower.  Condoleza Rice 
>had an oil tanker
>named after her - Cheney is up to his butt in Halliburton (still has stock 
>options and a
>payment stream) and Bush has so many oil interests it takes five sides of 
>paper to describe
>them.
>
>--
>   Phil Payne
>   http://www.isham-research.com
>   +44 7785 302 803
>
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