Riding an airline is much different than putting $25K into a car without assurances they'll be there to warranty service it. Sure there's a risk critical airline maintenance is overlooked, but not having a dealer, parts, and good will behind your car purchase would halt all sales and put 1 in every 10 workers at risk.
There are better alternatives. First, the Fed shouild name a car czar to overlook their "investment" and I nominate Mitt Roomney. He 's a former Venture Capitalist head (Bain). They know how to analyze companies, re-organize, etc. to assure success of their investment.
Next, the loan should be in the name of the Social Security Trust Fund. The Fed owes the Fund Trillions. Now the opportunity to reconstitute the SS into a live entity which can take control of the tax payers investments without objections from anti-socialists
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Riding an airline is much different than putting $25K into a car without assurances they'll be there to warranty service it. Sure there's a risk critical airline maintenance is overlooked, but not having a dealer, parts, and good will behind your car purchase would halt all sales and put 1 in every 10 workers at risk.
Nov 20 08:19 am
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All Comments by jarco »Let the Detroit Automakers Fail [View article]
There are better alternatives. First, the Fed shouild name a car czar to overlook their "investment" and I nominate Mitt Roomney. He 's a former Venture Capitalist head (Bain). They know how to analyze companies, re-organize, etc. to assure success of their investment.
Next, the loan should be in the name of the Social Security Trust Fund. The Fed owes the Fund Trillions. Now the opportunity to reconstitute the SS into a live entity which can take control of the tax payers investments without objections from anti-socialists