Big Three Bailout
OK here is the deal, I know nothing more about about the recent bailouts then the next guy. Here is my beef, why are we bailing them out? This is my view, and again it is general but hear me out.
The big three made most of their money popping out SUVs. There is of course many cars that have been huge successes (i.e. The mustang, Jeep, Corvette, and many others) but for the most part they have been impregnating us all with SUV fever. I’m not going to lie I have the fever. The problem is that we as a population are moving on. We are seeing the effects of the internal combustion engine on the world. It is taking a toll. Now I certainly do not want to sit here and blabber on about global warming, if it is real or not, whatever. We as a people are moving on to a more sustainable way of transportation. Which brings me to my point, the big three do not have the capabilities to give us as consumers what we want.
Why would it be good to see them fall? Well it is simple, when they fall there is going to be a huge demand for cars, the car makers that survive will not have the capacity to meet the demand. When it comes to that, it becomes a free for all. Now you might not know it, but there is so many small companies that are ready for this. Not just the companies, but there is new technology. See in the past we have settled for our petroleum addict cars. Since that is the most convenient, and what we as a people are used to, we settle. We should not settle. Think about the advancements in electronics. That has not come due to an accident, that is what we demand. Think if we were to demand the same progress from the automakers. Think of how much could be achieved. If a store went out of business you would not take on their bills to keep them afloat, you would take your business somewhere else.
What is my point again? It is that we need these companies to fail, or to let them fight their ways out.
What do you think?