Former Chrysler chairman Lee Iacocca tears into the Bush administration and the U.S. auto industry in a new book, saying America's political leaders have failed the nation and urging voters to pick more carefully in 2008.
The 82-year-old Iacocca -- who was urged to run for president in the 1980s after turning around Chrysler -- also says he's for higher federal fuel economy standards, warns that Chrysler could become a "shattered remnant" if sold, and offers suggestions for Detroit's automakers to turn their businesses around.
"We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car," Iacocca and co-author Catherine Whitney write in the first page of "Where Have All The Leaders Gone?"
"I hardly recognize this country anymore," he wrote.
Read Article