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Mon 11 Nov 2008American car manufacturers fell asleep at the wheel

OPINION:The sorry state of US car makers offers an eloquent summary on what has gone wrong with the country itself, says TONY KINSELLA

ON THE morning of December 21st, 1989, over 100,000 freezing Romanians had been assembled in Bucharest's Palace Square to cheer their president, Nicolae Ceausescu. The 71-year-old Ceausescu was no orator at the best of times, and delivered his usual wooden litany of Romania's successes, waved the repressive stick about the recent disturbances in Timisoara and offered a 5 per cent pay rise as a small carrot.

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