Monday, December 8, 2008

Big 3 bailout

OK, for starters I'm not a fan of the government bailout of businesses. I'm certainly not a fan of businesses whining for help from the government. If you messed up you business too bad! Isn't that what a free-market capitalistic society is all about? I know, what about the unemployment? what about lost pensions? etc.

Here is the Gary Lester fantasy solution! (You may print this out and send it to your congress person:

The oil companies should save the car industry!

Why, you might ask?

Here are my reasons:

1) As fast as Detroit loses money, the oil companies rake it in. Windfall loses for cars-windfall profits for oil. Are they related?

2) In the last oil crunch, GM produced an electric car. It started out somewhat ok, but before a greater level of development was achieved, the product was yanked. Many think that it was the oil companies that either paid and/or convinced GM to give up this wild idea.

3) Had this been pursued, GM would be making their 4th generation electric car which certainly be super efficient in many ways.

Big slow businesses that cannot adapt are like big hulking dinosaurs. Change or die! (Interesting that oil basically is the decomposed liquid remnants of these creatures).