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One argument advanced for bailing out Detroit is that it is a national security imperative to have a domestic auto industry. I do not take that argument very seriously, but here anyway is a photograph of a Cadillac factory in 1951, presumably making tanks for the Korean war.
The image comes from the Life magazine photo library, which can be searched on Google here. The tank photograph can be found here.
(via Kottke)
I am the FT's chief business commentator and this blog is about business, finance, media, technology and related matters. I live in New York so there is a bias towards US topics but I range more widely. Comments and criticism, which hopefully are at least as interesting as anything I write, are welcome. There is more about me on 
