Ford should be condemn - but not for cutting jobs.

I don't know if anyone have notice that Ford has slashed over 30,000 jobs. This is a huge cut, many people may not know that Ford and other auto industry have remove more then 65,000 jobs in 2004 - 2005. Now they are going to remove more jobs, shut plants.

Unlike South America, Asia, and Europe - American CEO make millions of dollars - that's 300 times more then what public is making - including engineer.

It is true CEO do not deserve "100%" blame, but nonetheless they do deserve some. If they really care about their fellow worker then they would not be as greedy as they are now. However, the biggest crime CEO and other big shot have committed is not cutting jobs, but hiding the facts from public.

What facts?

World crude oil production is falling - and it has or about to reached a peak (all time high). Already, many big oil province are seeing water cuts (meaning they are producing more water). Those of who are not aware of these shocking fact should read this article.

You may ask what does this have to do with auto industry? Well, for starter they will not be able to sell SUV and other gas guzzling cars. And as price of oil go through the roof, some people won't be able to afford the car they already have. Ford and other auto industry should have taken this into consideration. But did they? So far evidence speak for itself.

Thanks for reading.