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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:47 AM
Original message
Give the money to GM, Chrysler and Ford......
After you fire upper management, then set down in stone that the companies will be building plug-in electrics, plug-in hybrids, and hybrid vehicles. US gov't buys the stock and resells it at a discount to the employees of the companies. During the "recovery" of the stock value, a portion of the dividends will be paid back to the US Treasury...

Crazy?
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:51 AM
Response to Original message
1. What happens if gas goes back down to a buck a gallon and its cheaper than electricity?
Which it looks like that is where we are headed. What are they going to do with all those electric cars no one wants then?

I like the firing upper management part.

Don
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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:57 AM
Response to Reply #1
6. Good point. However, you could buy a hybrid not totally electric.
And hasn't that been the game ever since the Carter days? Any threat to their perceived profits and the oil fascists drop their extortion scheme to reasonable levels...

I say to hell with them and their oil wars and manipulation of the markets, people and politicians.

There will be ways to be make cheap electricity. Eventually there will be no more oil anyway.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:03 AM
Response to Reply #6
8. Carter days? I remember oil embargoes, gas lines and rationing when Nixon was president
Started a long time ago.

Don
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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:06 AM
Response to Reply #8
10. How'd I forget that? I remember waiting in line for gas with the odd/even license plate scheme..
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poverlay Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:04 AM
Response to Reply #1
9. There is no possible way gas is going to stay cheap for long. A handful of years at best. We would
do far better stockpiling it and leaving it in the ground so that we can turn around in ten or twenty years and sell it to India, China, etc. and make a ton of money.
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comtec Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:20 AM
Response to Reply #1
13. Excellent MPG is still Excellent MPG, it's also a massive convince
when I had my metro, which only had a 8 gallon tank, I filled up once every TWO weeks, less if I wasn't carting people around.

A plug in hybrid is said to go 200+ miles on a single charge, that's just the electrics, before the petrol kicks in (assuming under 40MPH driving)

Combine those and you get insane mileage.

What I'd REALLY like to see is a diesel hybrid. I can't imagine they're hard to make (any harder than a petrol one) so where are they?
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:51 AM
Response to Original message
2. Upper management thinks they're doing great jobs...
THAT'S THE PROBLEM.

I saw these guys on TV, and they PLAINLY SAID they were doing a GREAT JOB - they just need the money for their private jets, bonuses, retirement pensions, golden parachutes and to see them through the economic crisis which no one saw coming...

Then I come on here and say I want strings attached to the money we give them (like starting with: FIRE THE EXECS?) and I get called an enemy of the "working man".

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=4493342&mesg_id=4495806
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:54 AM
Response to Original message
3. First: Fire the top tier and all their henchmen.
Then come back and maybe we'll talk................
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:56 AM
Response to Reply #3
5. Don't forget to fire the board too. They are the ones vote on whether
to keep the CEO, CFO, etc.
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:00 AM
Response to Reply #5
7. I meant to include them, too - the whole upper layer. Thanks.
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:12 AM
Response to Reply #3
12. Lets start with AIG and Morgan Stanly.
Hell the auto companies are asking for $25 billion. AIG and the banks got a fucking trillion bucks. No, fire the CEOs, making sure they only make good loans, etc. Hell they are even using the money to buy up smaller banks. I just can't understand the outrage about the Big 3 in the papers, MSM the talking heads and yes, even here. You have been had. Your attention has been diverted from those who took the big money and are the ones that caused the whole melt down.
Please, if you want to moan and groan, do it about AIG ($150 billion+) and the banks ($700 billion+). A $25 billion loan ain't about shit.
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 11:12 AM
Response to Reply #12
14. So true. Too bad they're not in the "regular" news at all, not even a little bit....
If you read the financial news maybe, but the "big" story sucking up all the news cycles is the Big 3 from Detroit.

ONE WOULD ALMOST THINK THAT ALL OF THE ATTENTION GIVEN TO THE $25 BILLION IS JUST DIVERSION AWAY FROM THE *BIG* MONEY BEING SENT OVERSEAS!

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cobalt1999 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 08:54 AM
Response to Original message
4. I like putting compensation caps on upper management
Then give the money to regular folks as a government rebate to buy the cars. Go in a buy a GM, Chrysler, or Ford for $1000-$2000 and the government picks up the rest of the tab.
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 09:09 AM
Response to Original message
11. Reorganization Is Imperative
The long-term health of our economy and transportation sector relies on a strong auto industry...but one that is responsive to the market, no longer trying to create one or manipulate it. I firmly agree that if there's money to be thrown here, a good chunk should be earmarked to companies designing new technology that will make cars both energy and environmentally efficient. Such an investment will not only keep 3 million currently employed on the job, but create millions of other opportunities as new markets are created...I think we call the concept "trickle up".

The bottom line is the last people to give to money to are the ones who were so short-sighted and arrogant to let their companies get into this mess in the first place.

Cheers...
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