@Foxfyre,
Foxfyre wrote:
Seems that it is in the works, or may be a done deal, that any more bailout money allocated to the auto makers will have a requirement that it only go for green cars.
Has it occured to anybody, especially with all the growing evidence that 'green cars' aren't going to make any kind of dent in the global warming issue one way or the other, that our collapsing economy needs different priorities?
This is dumb, dumb, and dumber, Foxfyre. They are meddling with the market, central planning, it won't work. Just don't bail the car companies out, get out of the way, reform overburdensome taxes, quit propping up the unions, and a few other things, and this would solve itself from the bottom up. I would not object to reform of corporate regulation that would limit obscene executive robberies from companies, but this can be done by tweaking the system that has been successful, not ruining it. Obscene pay packages could be governed with the tax system as well, but we need to be careful with how this is done. I have no objection to people that own businesses to reap the rewards of their labor without being taxed to oblivion, but the corporate world is a different breed of cat.
But having lawyers in Washington telling car companies what cars to build and how to build them, dumb, dumb, dumb. This is the change people voted for, but not all of them realized.