Nix fuel-efficiency requirement from Big Auto loan, says White House 11

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1. 

   Delay And Deny Posted 9:09 am
   14 Nov 2008

   Salary Cap
   
   Here's how I'd break the gridlock.
   Put a $100,000 K salary cap on all bailout companies.
   That goes for the CEO on down.

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2. 

   racc Posted 1:02 pm
   14 Nov 2008

   Just nix the bailoutGetting rid of the big three will be the best way to improve fuel efficiency.

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3. 

   Avelhingst Posted 1:19 am
   15 Nov 2008

   Rediculous  What kind of crap do they really believe the people and their elected representatives to swallow?  This, coming on the heels of scandals involving the AIG bailout(s!) and the other trivial 700bil being used for purposes other than originally intended, strains credulity.

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4. 

   Wolverine Posted 2:50 am
   15 Nov 2008

   Why Bailout?These disgusting crapitalists, who constantly parrot the divine values of the free market when it suits their selfish interests, come crying to the government for welfare when they want/need it.  And from an environmental perspective, which is what this website is supposed to be about, the best thing that could happen for the planet re this situation would be for all of these companies to go out of business, the sooner the better.
   If there's going to be a bailout, it should be spent on retraining workers in the industry to building, maintaining, and running public transit.  U.S. cities, aside from a few in the east, are sorely lacking in subways, which would be where to start.

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5. 

   christophersj Posted 12:27 pm
   15 Nov 2008

   I dont understandI  dont understand the lack of clarity here.  When else would there be the leverage and opportunity to change American autos forever?
   The deal:  a bailout in exchange for a complete changeover of cars and light trucks (every single model) to plug-in hybrids within 5 years.  No change means no money.  It will be paid in installments when intermediate goals are met.
   Do we want to be cynical or clever?
   -Christopher S. Johnson

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6. 

   Chris McMasters Posted 9:20 am
   16 Nov 2008

   Salary Cap on CEO's???I like how you think on this one.
   It's time for the 'big 3' to come up with something better for consumers.

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7. 

   waterone Posted 10:42 am
   16 Nov 2008

   Salary cap ...as I recall when Chrysler got it's bailout/loan guarantees years ago (~1980) the CEO (Lee Iacocca, who had recently moved to Chrysler from Ford) received compensation of $1 a year. The price to keep your hands on the reigns?

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8. 

   Green Granny Posted 7:35 pm
   16 Nov 2008

   HmmmAh, the political differences among enviros pop up.  There's the anti-capitalist, undo the industrial revolution, curse the "rich" camp and there's the let's remake what we have into something sustainable without suffering much change to our "standard of living" camp.
   Don't underestimate the power of profit potential.   If we use these economic crises to build incentives for all industry to profit from energy efficiency and resource productivity we'll all benefit.  If we allow another 3 million people to lose their jobs and let the economy weaken further, it will be much more difficult to find the money to build smarter infrastructure and for innovation and research.
   I favor lots of strings attached to any bail out of any industry.

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9. 

   Delay And Deny Posted 4:01 am
   17 Nov 2008

   Hard For Some...it will be much more difficult to find the money to build smarter infrastructure and for innovation and research.
   Really?  
   Right now Honda is leasing (on a limited basis) the FCX Clarity hydrogen fuel cell powered cars to real people in Los Angeles.
   They built and deployed a 21st century car that works in the real world, this year, 2008.
   And they're solvent.

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10. 

    jestbill Posted 4:29 am
    19 Nov 2008

    lots of stringsGreen Granny wrote:
    
    Ah, the political differences among enviros pop up.  There's the anti-capitalist, undo the industrial revolution, curse the "rich" camp and there's the let's remake what we have into something sustainable without suffering much change to our "standard of living" camp.
    We could follow John McCain's advice and do it all...
    
    Make 'em live on only a few hundred thousand a year.
    
    Make 'em improve fuel and manufacturing efficiency to something sustainable.
    
    Make prices reflect true costs so that people live in circumstances that require less "industrial revolution" and more environmentalist evolution.

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11. 

    sycamore Posted 1:40 am
    22 Nov 2008

    Let them get their $ 25 B - from the Mexican gov.That's where all the jobs went. Let the Mexican Government bail them out. If we bail them out, they will restructure and close U.S. factories and use our money to build new factories in Mexico. Oh yeah, and maybe the Canadians can kick in a few billion to save their jobs.

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