What to do with Detroit?

Helping the American Auto industry represents a great opportunity to immediately begin implementation of hydrogen and electric cars as well as fuel standards for standard vehicles.

And it will keep a lot of people employed at a time the potential to be unemployed is high.

What to do? Lots of jobs building cars that no one wants.

Make big oil help them. They owe them that for their building of all the friggin gas sucking stompers.

Obama should step in and say that under HIS stipulations only, should big oil's $$ be spent. Those stipulations should be that oil is minimally used now, or NOT AT ALL, with Detroit's new generation of bailout cars. Any takers?

lol let the player mayor deal with it!

If millions of people lost their jobs in a 5 month period or all at once, it would be the same as a natural disaster on our economy and in the lives of the families themselves.

Ooooh I know: Require unions in the hillbilly south where workers don't care if they get treated like shit, as long as they have their bibles and guns.

While you are at it, require civil unions, too.

At least 5 problems are now fixed.... oh wait, I'm not in charge.

they failed it was their fault, let them go under like everyone else.

Let them fall!

Level the entire city.

Recycle everything, then allow nature to reclaim it all.

Create a new national park.

It should be obvious that there is no economically viable industry can maintain there..

Ride on!

The sad thing is even if the government gives them all the money they want. It will just act as a band-aid. Good money after bad. The big wigs in Detroit will squander the money in the same old way as before. And still make cars that eat gas. Once they get that money in their pockets it will be business as usual. The government should demand that all the top exects. get fired. Replace them with new blood, then they can see the money.

One of the major motor companies should ship the whole plant to Russia to join the one the US are building there.

The other should close and re-open as the largest motor museum in the world. If they approached the Disney Corp. I am sure they wouod make the project a money maker ans keep many in employment

I blame their demise on the Union greed and the lack of inovative cars and trucks that the American people want. Let them file for bankruptcy, reorganize, and build themselves back into respectable corporations.

Do nothing.

That should be the governments new motto.

The more I think about it, the more I think that the CEO's should be stood up against a wall and shot. They are greedy pigs giving themselves multimillion dollar salaries. And huge bonuses. Sucking up to the big oil companies by making cars that eat as much gas as possible. Get some new people at the helm of the car companies and get some engineers that develop new cars and new fuels. And after that tell the banking industry that they are the next ones to face the firing squad if they dont shape up.
It's time to purge this country of all the greedy CEO's .

The system of capitalism is based on Gordon Gecko’s famous assertion: “Greed is good.” Maybe so. But unrestrained, unregulated greed is demonstrably *not* good. That kind of greed feeds on itself and eventually destroys its own infrastructure. Just look around!

I learned from my brother, who owns a farm, that goats will sometimes eat themselves to death. First they bloat up. Then, if someone doesn’t help by puncturing the tummy and “deflating” them, many will expire. Seems like a nice analogy. (http://www.goatworld.com/articles/bloat/bloat.shtml)

A wise farmer will invest resources in keeping fences and gates in good repair; then she or he will allow the goats to eat all they want up to the point of proper nutrition and digestion. The goats stay fat and sassy, the farmer has a steady supply of milk, and the whole system prospers.

When my wife and I bought our first house, we worked through the FHA. That meant the federal government guaranteed the loan. In return they insisted that the borrowers and the lenders meet standards of credit-worthiness and viability, and that the home manufacturers install certain features and meet higher than normal construction standards.

Speaking as a consumer and investor via my 401k, that seems to me at least one reasonable model for dealing with the auto companies. Among the strings attached to the taxpayer money I’d like to see a lot more money put into R&D for long term emission reductions and a lot less put into the preposterous salaries, bonuses, and golden parachutes provided for the people at the top. That’s the kind of thing that would restore my confidence in the industry.