Bill GreenWE'RE BAILING OUT THE CAR INDUSTRY MUGS?
November 19th 2008 23:39
Why do we want to save the car industry, the industry that is destroying the planet and is responsible for more deaths each year in America than the twin towers event?
Financially they built up a system that is not viable. Their product was inappropriate for the failing oil industry (yes, we're running out) and the way they imagined they could finance their vehicles that wait in showrooms. Now that appeal to drivers vanity ( a new car every year or three) is rather hollow for drivers quickly adjust, in ego terms, to outrageous expense.
They were told a decade ago that it was all going to fall apart but they only began listening in any profound way as bankruptcy threatened. Do we really want them to propped up. It means money for public transport and climate change is delayed. And today the Australian treasury says we can go into deficit to bail out these mugs. Where does that leave climate change money?
Where is the logic (please tell me) in saving the industry that is destroying the planet? Isn't this our chance to get rid of them?
I enjoy driving, although I always use public transport if its available. Trains and trams are great if you can be bemused by mild inconveniences. The world was a better place when there was barely a car on the road. As kids we played in the street from three years on. In our street there was only one car and it went slowly to avoid the potholes in the dirt road.
The Washington Post reported today that the car industry leaders who traveled to Washington to beg for money used private jets to Washington and then private limos. Great message guys.
Financially they built up a system that is not viable. Their product was inappropriate for the failing oil industry (yes, we're running out) and the way they imagined they could finance their vehicles that wait in showrooms. Now that appeal to drivers vanity ( a new car every year or three) is rather hollow for drivers quickly adjust, in ego terms, to outrageous expense.
They were told a decade ago that it was all going to fall apart but they only began listening in any profound way as bankruptcy threatened. Do we really want them to propped up. It means money for public transport and climate change is delayed. And today the Australian treasury says we can go into deficit to bail out these mugs. Where does that leave climate change money?
Where is the logic (please tell me) in saving the industry that is destroying the planet? Isn't this our chance to get rid of them?
I enjoy driving, although I always use public transport if its available. Trains and trams are great if you can be bemused by mild inconveniences. The world was a better place when there was barely a car on the road. As kids we played in the street from three years on. In our street there was only one car and it went slowly to avoid the potholes in the dirt road.
The Washington Post reported today that the car industry leaders who traveled to Washington to beg for money used private jets to Washington and then private limos. Great message guys.
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That is what gets me, for the sake of the workers I was thinking some sort of bailout via a green Car initiative was a god idea because its never the CEO's who end up broke and losing their houses but seeing that makes me mad.....