Why The Bailout Is A Bad Idea

Because nothing will change. Check out the nuts... We mean Lutz:

Let me just get one thing straight here: There’s a lot of talk about well, General Motors doesn’t make the right kind of cars or General Motors built trucks too long. At $1.50 per gallon, the American public wants sport utilities and large pickup trucks.

Has no one decided that we don't want to be held hostage by those with all the oil? Has no one decided that the environment matters? Has no one decided that we want change?

If the bailout goes through and there is no significant change in management of the auto companies then there will be no change at all. A better solution is to offer moolah to new auto start ups and have real competition in the auto space.

Referenced articles
Think Progress: Lutz Off Message: 'The American Public Wants Sport Utilites And Large Pickup Trucks'

Comments

[atlanta car rental]

You make a good point --- I see both sides of it -- but I definitely don't think you're an idiot for expressing your thoughts!

[rob]

YOU ARE AN IDIOT!, if the the big three go out all thier suppliers go out and that effects Honda, Toyota, Subaru and any other company from John Deer to Cat the buys parts and millions of jobs will be lost. even the papers will die. How do you think they pay thier bills maybe from the ads that car companies buy pages of in all the papers in the country. Now I do not have an college education I am a car guy but my family is just one of millions that would be crippled buy this stupid stupid idea that the American economy does not need a manufacturing base.