November 14, 2008


An Idea for Saving the Car Companies

Give each household a voucher good for a free electric car that doesn’t exist yet. It must be made by any of the big three. This produces a ready market without spending any money until the companies are stabalized and set on a new path that will help to solve several long term problems.

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8 Responses to “An Idea for Saving the Car Companies”

  1. Jonathan McNicol on November 14th, 2008 at 2:16 pm

    Or: Let them die, and we can all take our money and buy good cars with it.

  2. Daryl Scroggins on November 14th, 2008 at 2:23 pm

    What money? Whereditgo? Maybe we’ll find it at the soup kitchen.

  3. Warren Buffet on November 14th, 2008 at 5:26 pm

    Dear Daryl,

    If every household gets a voucher for a free electric car, who will pay to produce the car? A ready market for free stuff already exists, and it doesn’t produce anything particularly useful.

    Yours Lovingly,
    Warren

  4. Daryl Scroggins on November 14th, 2008 at 7:06 pm

    Dear W. B.: The same people who speculated with capital in the way that produced the present problems. There’s less available to risk at the moment, but they smell government money and will head for it. The “futures” voucher will secure the risk.

    I’m not serious about the details of such a plan, but it seems that we need to start thinking about ways to make the trillions we are going to spend to avert collapse actually result in multiple problems being addressed simultaneously.

  5. Cooper Renner on November 14th, 2008 at 7:14 pm

    I’m with Daryl.

  6. Mark the mechanic on November 15th, 2008 at 6:59 pm

    I like the Car Czar Idea. As long as Lee Iaccoca is willing to come out of retirement and force one of the big three to build a hybrid K car Carol Shelby signature edition. That will get this country going again!

  7. Daryl Scroggins on November 15th, 2008 at 8:44 pm

    Oh yeah–I’m thinking the big three can get together, agree to build a piece of shit car (golf cart with a PT Cruiser body and proprietary batteries that have to be replaced every three months), build it for $4,000 per unit but still collect the whole $15,000 voucher–and that alone will restore confidence in the power of the free market (some restrictions apply) to solve its own problems if government will just fuck off (except in cases involving unforseeable reversals in bedrock economic assumptions held by people who own very large boats).

  8. Mike Dresser on November 15th, 2008 at 8:58 pm

    except in cases involving unforseeable reversals in bedrock economic assumptions held by people who own very large boats

    This is why I love c’flock…a constant reaffirmation of sanity.

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