Lee I think you hit it right on.
I know much hay has been made of the big 3 CEOs each flying in their own
corporate jets to DC to ask for their bailout, but I think it does
illustrate how out of touch they are. In addition, they came with no
plan! "Just give us money." Not being very contrite.
On the Talk of Nation show Friday, mention was made that there are about
25 EV startup in the country and an allusion was made to what if the $25
Billion was split up among those 25? A $1B would be a huge boost to a
startup. On NPRs Morning Edition (also Friday) they were discussing EV
batteries and one of the participants seemed to feel batteries (esp
LiIon) were not fully developed and too expensive to be of much use
right now. I wonder what a few $B would do to make LiIon (or whatever
alternative you prefer) cheaper and better? Either one of these
investments would create new jobs and new industries that I feel have
tremendous growth potential. I guess that's the key - these would
actually be investments; $25B to the big 3 would be.........
- SteveS
Lee Hart wrote:
> lcalarea47 @dslextreme.com wrote:
>> my question is the big 3 auto makers, getting big bucks to retool?
>> why not just convert the cars they are making now [gas to hybrid] to all
>> hybrids or electric, just change the drivetrain? use same bodies?
>
> The alcoholic doesn't want to stop drinking. HE doesn't have a problem
> -- YOU have the problem. He wants someone to support him, so he can
> continue drinking the way he always has.
>
> I don't think the auto companies have yet come to grips with their
> addiction. Their past ways of doing business don't work any more. Money
> won't fix it. If they get government money, they will spend it to keep
> doing things the way they've always done it. They won't change until
> they *have* to change, or die. And even then, they may well choose to
> DIE rather than change!
>
> The death of a company is traumatic; but it does not mean the death of
> the people working for it. The same number of cars are going to get
> built and sold no matter who builds them. If GM goes bankrupt, its
> plants will probably be bought by other carmakers, and their employees
> will be building Toyotas instead of Chevys.
>
> In my parody story "The Grinch Who Sold Green-ness", I cast the Grinch
> as a car company CEO. He has an epiphany, when he realizes that he
> should be building the cars *people* want, rather than the cars *he*
> wants to build.
>
>
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