Posts
7327
Joined
7/17/2007
Location
TX
US
Edited Date/Time
1/24/2012 9:29pm
So the big 3 need a bailout and nobody likes that idea very much - but we can't just let them go out of business, lose 3 million jobs, and have creditors all over America go down with them. So here's what you do:
(1) You put a comprehensive energy independence plan together, targeting a 25% reduction in oil consumption over the next 5 years. You create an account to fund things like public transporation systems, enhanced broadband access for satellite offices, research into plug in hybrids and natural gas powered cars, and retooling for production of those cars;
(2) You fund the account with a gasoline tax that slides up or down on a quarterly basis, based on achievement of national oil consumption goals. No income tax is used for these projects, and a web site is developed so Americans can see, in real time, how we're doing as far as achieving our objectives. The better we do, the lower the tax goes. If we start using way too much oil, the tax increases.
(3) The gas tax account funds such things as Big 3's bailout; large scale public transportation systems; loans for satellite offices and broadband expansion; tax incentives for purchase of high-mileage vehicles including motorcycles and conversion of existing vehicles to natural gas; loans for new nuclear, solar and wind power projects that will free up natural gas for use as a vehicle fuel; and loans for large-scale development of CNG refuelling stations.
In 5 years, we achieve our goals, the gasoline tax goes to zero and we become the most independent economy in the world.
(1) You put a comprehensive energy independence plan together, targeting a 25% reduction in oil consumption over the next 5 years. You create an account to fund things like public transporation systems, enhanced broadband access for satellite offices, research into plug in hybrids and natural gas powered cars, and retooling for production of those cars;
(2) You fund the account with a gasoline tax that slides up or down on a quarterly basis, based on achievement of national oil consumption goals. No income tax is used for these projects, and a web site is developed so Americans can see, in real time, how we're doing as far as achieving our objectives. The better we do, the lower the tax goes. If we start using way too much oil, the tax increases.
(3) The gas tax account funds such things as Big 3's bailout; large scale public transportation systems; loans for satellite offices and broadband expansion; tax incentives for purchase of high-mileage vehicles including motorcycles and conversion of existing vehicles to natural gas; loans for new nuclear, solar and wind power projects that will free up natural gas for use as a vehicle fuel; and loans for large-scale development of CNG refuelling stations.
In 5 years, we achieve our goals, the gasoline tax goes to zero and we become the most independent economy in the world.
Drunk on the kool-aide still, I see.
The snopes.com will be forced to research it, and they'll trace it back to you...and then you can tell them you thought of it all on your own...thus resulting in fame fortune, and if your lucky a meeting with Obama, who will invite you to the white house for a special banquet-in your honor-and let you kiss his hands while he pats you on the head.
Is that where you're going with this?
The Shop
Sam has been posting all manner of plans to change energy consumption and supply for years now. He's a thinker and a do'er. I may not agree with his choice of politician sometimes, but he's no dummy and puts a lot of thought and knowledge into what he says.
Nothing wrong with brain storming and being creative with ideas.
I use gas to wash my hands. Why should the auto OEMS, get money from that? Fuck them.
No surprise really
There simply has to be some (paraphrasing Gore) iron clad rules/stipulations to get the help.
Pit Row
Chapter 11 is meant for this very thing. It allows you to get out from under your debts, it hurts the shareholders, (but the stock is already worthless) & allows you to resturcture so you can regain profitability. Many large companies have survived Chapter 11 & come out stronger for it.
The problems that have led them to this situation, employee benefits, onerous labor contracts etc, have existed for 10 years or more. They have not addressed them in all this time knowing that this was coming. Should we reward them for their inaction or spur them into doing something?
Yes, it will mean some very painful decisions will have to be made & many auto workers will be hurt but we can not continue to proceed putting off till tomorrow what should have been done yesterday IMO.
One other way is for the government to finance a reorganization into one company. That's anathema for those companies - I'm sure Ford people can't imagine being in the same building with GM people - but it would certainly refocus them and reduce operating costs. And it'll put a hell of a lot of people on the street - with 3 companies, you have 3 accounting groups, 3 IT groups, 3 engineering groups, and with one company you have only one and you wind up losing about half of those people. That would be painful, but less painful than just closing the doors and going home.
Post a reply to: Ok, here's the deal on Detroit...