I've often joked that Japanese businessmen have 100 ways to say "I don't know" and 1,000 ways to not take responsibility. Those watching the hearings yesterday got about a four-hour example of all that live.
Toyota's floor mat recall is a bit unusual because owners are being asked to "make the fix" right away and on their own; this tell us the government considers the problem an immediate and important safety risk.
Unless we lower demand, the price for oil is going up over the next seven years, not down. There is, after all, considerable evidence that when the oil industry speaks, the Bush administration listens.