Detroit Auto CEOs Batesoled by congress
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- ********0
People also tend to use the term "bailout" way too broadly/loosely.
- SteveJobs0
i think in this situation analogies are pointless, especially for making an argument for or against the automotive bailouts.
so these ceo's are expensing their flights - what's new? is it newsworthy? i think so. should it determine whom or how the government bails them out? i don't think so.
on the actual subject though, i've never been a fan of big govt, but on larry king m. moore proposed having the government mandate the 'type' of cars these automakers were manufacturing (ie. feul efficient, small, etc.), on the argument that their poor choices in the past has got them where they are. i think this is a good decision. and more importantly, it let's thousands in that industry keep their jobs.
- CAFE standards already regulate fleet economy of vehicles sold.Mimio
- ********0
"on the actual subject though, i've never been a fan of big govt, but on larry king m. moore proposed having the government mandate the 'type' of cars these automakers were manufacturing (ie. feul efficient, small, etc.), on the argument that their poor choices in the past has got them where they are. i think this is a good decision. and more importantly, it let's thousands in that industry keep their jobs."
It also completely undermines free market capitalism. That is a sacrifice I am not willing to make.
- ********0
Man This thread is starting to batesole.
- mcLeod0
how would the government know what car companies should be building? all they should be able to do is tell the companies how to spend their loan
- SteveJobs0
perhaps it's not so much what they 'should' build as much as what they shouldn't.
we don't need more h2's, h3's or excursions or anything like that - at least not as a production vehicle... do we?
i'm open-minded though - convince me otherwise!
- ********0
It should e like the tobacco bill. Auto makers should be forced to advertise sustainable fuel options.