Remember the time--of course you do; it's impossible to forget--when Dick Cheney shot a man in the face? And then the victim apologized for what Cheney and his family had to go through?
Well, lookie here. It seems we're seeing history repeat itself, except on a global economic scale.
Mattel, the world’s largest toy maker, apologized in China yesterday for its recalls of nearly 20 million Chinese-made toys this summer.
According to news accounts, Thomas A. Debrowski, Mattel’s executive vice president for worldwide operations, apologized to China for harming the reputation of Chinese manufacturers.
Yep. No matter how Mattel tries to spin this, it still smells the same way--China (in the role of Dick Cheney) muscled an apology out of a legitimately aggrieved party. And how did they manage that?
They're China. And American companies need China more than they need us.