But I’m No Expert


Save Detroit?
November 12, 2008, 9:52 pm
Filed under: Uncategorized | Tags: , , , ,

As much as I love my country, if any business can’t do business well enough to stay in business, then it should fail.  Sure, it will be painful, but that’s capitalism.  Is anyone else a little pissed that the $700 billion bailout is now going to things other than what they said it was for?  Now they are talking about bailing out GM & Chrysler: two companies that apparently don’t know how to operate a business.

I read this article that poses a great idea for “fixing” them, without just handing them a bunch of cash – order an entirely new government fleet.  Make it only for hybrid, electric, alternative-fuel vehicles.  Pre-pay a bit of the order so the companies can retool.  This keeps everyone employed, lets the companies continue operating, and gives the government modern vehicles that are green too.  It’s not a perfect plan, but it’s better than just handing a bunch of dimwits a bunch of money and letting them continue burning it, but I’m no expert.



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