Now that's an idea ...

Nov 20, 2008 10:52

I've been torn about the whole auto industry bailout thing. On the one hand, I really believe the auto industry doesn't deserve to be bailed out. They've been making bad decisions (and bad cars) for too long despite evidence that they should be doing something different. I don't believe the management of the auto industry can pull its head out of ( Read more... )

random thoughts

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Comments 4

tripleindemnity November 20 2008, 18:27:50 UTC
From your condensation, I think this sounds like an excellent idea.

Problem is, the current administration is totally opposed to telling corporations what to do. That's why they're giving away 100's of billions of dollars to huge financial institutions without getting voting stock nor seats on the board nor restricting executive bonuses nor restricting their golden parachutes nor firing the management nor telling them they have to actually use the cash infusion to *lend* money, not buy other banks.

So this good idea doesn't stand a ghost of a chance till a least January 20th... which, by then, may be too late for GM or Chrysler.

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ezlet November 20 2008, 22:47:36 UTC
Totally not on topic with your post, however I have just friended you on lady_bast's recomindation :).

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mdsteele47 November 20 2008, 23:10:14 UTC
This is an idea I could get behind. In addition, let's include Amtrak while we're at it - it's already heavily government subsidized, let's actually integrate it into our public transport infrastructure instead of being a separate "thing". I would love to see a return of commuter rail service in earnest.

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mumbojumble November 21 2008, 14:04:37 UTC
I agree. Give us a reason to be proud of Detroit again.

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