Tuesday, November 18, 2008

Big 3

I just had an idea about what could be done instead of providing $25 billion to the Big 3 automakers.

It is estimated that as many as 2 million jobs could be lost if GM fails. So here's what I think: instead of pumping cash into companies that have not made good cars in a long time, how about setting aside money from the bailout bill that would provide green technology jobs to the unemployed auto workers. Think about it: what do they make? Parts, supplies and cars. They would be a perfect fit for building turbine engines for windmill farms and other green technology. If they could build the engines and the devices for operating clean technology, and if we nationalized our power grids to remove private industry from this task, it could work.

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