Tag Archives: Bailout

After congratulating the President-Elect on his win, I wrote a quick note about how frustrated I am with the auto industry.

My main reason for writing is that I want to voice my strong disapproval of bailing out the auto industry. Detroit has lagged behind in innovation and proven themselves incompetent and greedy. Auto makers should not be rewarded for making gas guzzlers while scrapping thier 100+ miles per charge electric car.

It would be a great benefit if the government would force automakers to bring the EV1 out of the scrap yard and either use or share the technology inside, instead of pushing some false-innovation such as the Volt. The Volt is one more lie from the auto industry reluctant to leave gas and oil behind.  Read more…