On Bailouts and Sports Cars
I own the number 16 production car of the Tesla, and I've been driving it for two weeks now. Anyone who owns the car can tell you that a) it is not "woefully immature" and b) that it is not a "concept car."
I own the number 16 production car of the Tesla, and I've been driving it for two weeks now. Anyone who owns the car can tell you that a) it is not "woefully immature" and b) that it is not a "concept car."
Here's some of what's happening, mostly with GM, in Europe and Asia, two markets outside the U.S. hit hardest by the slowing automobile business.
At this year's Los Angeles Auto Show, the 205-mile per hour, $100,000, 2009 Corvette ZR1 is relegated to the very rear of the Chevrolet exhibit, like the "adults only" section in video stores.
Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.
All the Shock Doctrine fanatics cheering to drive the the Big 3 into bankruptcy "restructuring," like Mitt Romney, might want to think about the implications of this.
Make no mistake: The $70-an-hour claim represents a classic case of conservative misinformation. It's also a very dangerous one.
President-elect Obama risks making the first big mistake of his administration if he condones a $25 billion bailout with these corporate yahoos still at the wheel.
We all make jokes about how lazy and lobby-driven Congress is, and as sad as the truths behind those jokes are, when times are good, we can afford to have government operate like that.
The Big 3 are looking for a bailout. They should only get it if they agree to stop building autos that contribute to global warming now.
Entrenched power and mindset within Detroit leadership make it really tough for the auto industry, as a whole, to innovate.
The current lesson for the commercial banks is that if they want to survive, they should not do any of the things -- such as increase lending -- that the Treasury is trying to get them to do.
As people discover the many advantages of electric vehicles, their momentum will build. Not only are these cars green and responsible, they also enhance National Security.
I would love to drive a Mini, or a Prius or a Smart Car, but I have a big family. Unless Ringling Bros. teaches me how to pile them all in and out of a four passenger car, it is not an option.
Obviously, Citigroup must have kept secret its unionized workforce. Otherwise, how could it be suffering from such outrageous labor costs! These insidious underground unions must be rooted out and destroyed.
Huffington Post contributors weigh in on whether Congress should bail out the Big Three Detroit automakers. Keep checking back as the debate continues.
You've probably heard claims about those inefficient UAW members supposedly making $70 an hour, including benefits, making unions the prime culprit in the failures of the Big 3 automakers. But it's all a big lie.
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It's time these guys see the USA in their Chevrolet, Ford and Chrysler and check out the gas mileage on them while their at it..
They should make him ride in a small trailer pulled by a Prius.
Not cost effective since the cost of the electricity to keep the battery charged is more than the cost of gas..
Was there not a Ford Trimotor available?
Make 'em hitchhike. Perhaps they could meet some real people on the way.
Yes a Mercedes Benz...!
Let's see if the other two drive or fly.
This is the only funny news of this whole tragedy.