The Candid Blogger: Saving the Auto Industry - A Practical Solution »
Posted By gmialocq 1 year, 1 month ago in Political NewsBailing out our auto industry so that they can continue to produce high powered cars that get horrible fuel efficiency in opposition to what is needed in society is nonsense. A creative approach is needed. Since GM has already proven that they have the ability to produce efficient and effective electric cars, and since the oil industry chose not to develop the technology they bought from GM, but rather to bury it, I have a simple solution.
The oil industry has had its greatest years in history financially. Let's require THEM to bail out the auto industry and either put to use the technology they already purchased years ago, or to invest heavily in the alternatives presented on this page. There is no reason that the American people should have to reach into their pockets when the technology and ability to produce is already there.
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