Seeking Alpha

Paul Killinger » Comments » Single Comment

  • Government Approves $25B Low Cost Loan Package for Auto Industry [View article]
    Alright you Detroit apologists, let me ask you this.

    If our domestic automakers are trying so hard, why don't they -

    1. Import the 40+ mpg cars they build that are selling well in Europe and elsewhere? They don't need $25 billion to do that, just some cargo ships (which I suspect are readily available right now real cheap.)

    2. Start building the NGV's again (they sell them in Canada and other countries) that Boone Pickens is spending $60 million to advertise for them. They'll sell more of them than Volts, and make more money doing it.

    3. Send each dealer who wants one a dual-fueled NGV, and help them set up a CNG refueling depot at their dealership.

    And for Christ's sake, do SOMETHING besides go crying to Washington. In their current state of affairs, the Congress could send them the $700 billion they want to spend on the bank bailout, and it would only STILL only be a matter of time until they ended up in bankruptcy.

    Sep 26 16:50 pm |Rating: 0 0
All Comments by Paul Killinger »
Comments by Ticker
ABAT, ABAT.OB, ABB, ABK, ABT, ABX, ACGY, ACI, ACPW, ADDYY.PK, ADM, ADRE, AEP, AES, AFAM, AGPPY.PK, AHBIF.PK, AIG, AIV, ALE, ALM, ALTI, ALX, AMAT, AMGN, AMR, AMSC, AN, ANDE, ANRGF.PK, APA, APC, APU, ASO, ASTI, ATO, ATUSF.PK, AU, AUY, AVAV, AVR, AXL, AXP, AXPW.OB, AYE, AYR, BA, BAC, BAM, BAX,
Paul Killinger's
Comments Stats
1291 comments
Rating: 97 (613 - 516 )