Sensitivity
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Tue Nov-11-08 10:30 AM
Original message |
Bail-outs Could Tie Barack's Hands. The failing of corrupt corps could be GOOD for future. |
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The Insurance Industry has strangled healthcare reform, the big three conspired with big oil to subvert mass-transit innovation, GM killed the electric car. Breaking these conglomerates, not saving them, could be best for America's future.
Saving companies that led and lobbied the country down the path of national economic myopia and destruction my well make it harder to enact health insurance and auto industry reforms that Obama has promised.
What could make it easier to reduce health insurance cost than to be able to get rid of the existing corrupt and inefficient industry and start from scratch with single-payer.
Can we believe that the management and unions that control the current U.S. auto industry will really be able to envision and make the radical and painful changes required to move to ultra-efficient autos and electric-vehicle oriented personal/mass transit.
These mega-companies have doggedly pursued short-term corporate profits even at the cost of the long-term national interest. Why use limited money to keep them going rather that fund a host of innovative start-ups that could help us win in the markets of the future?
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Catshrink
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Tue Nov-11-08 10:37 AM
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1. It's akin to breaking up monopolies |
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You make a good point -- especially the insurance industries stranglehold on health care costs. Why are health costs rising? Look no further.
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Sensitivity
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Tue Nov-11-08 10:46 AM
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2. Pure-electric vehicle design make obsolete much of the existing industry and require radical change |
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Edited on Tue Nov-11-08 10:46 AM by Sensitivity
in others. Not clear that existing companies could ever be incentivized to make the changes needed to meed national interest.
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msongs
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Tue Nov-11-08 11:26 AM
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3. no more tune ups. oil changes, engine rebuilds/repairs - lots of blowback but worth it for |
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the long term security of the nation. electric motors are much simpler than gasoline engines.
Msongs
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Sensitivity
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Tue Nov-11-08 12:18 PM
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4. Dead on! But the Big 3 will not give in until they go under. |
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Thu Apr 25th 2024, 01:23 AM
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