It is obvious that between Doug Pelmear

http://www.toledoblade.com/apps/pbcs.dll  /article?AID=/20090530/BUSINESS03/90530 0338/0/BUSINESS02

and Johnathan Goodwin

http://www.fastcompany.com/magazine/120/ motorhead-messiah.html

both gas and diesel engines produced by Detroit have been in no way engineered to help the US and it citizens become oil independent. Detroit continues to cater to big oil to the detriment of our efforts to get off of foreign oil. The entrepreneurs above are making Detroit look ignorant and incompetent. This Administration should have let the Big Three fail and given the Bail Out money to visionaries like Pelmear and Goodwin. At least then you could have truly called the money “stimulus”. Only a fool would think that with all the engineers in the auto industry the only viable solution to the high cost of fuel and the reduction of emissions they could come up with was the “Hybrid”. No competing solutions; no competing technologies; while acting like the wall had been reached on the internal combustion engine and no further efficiencies could be achieved? Here is the evidence that they were either grossly incompetent or not honest with the American People.

Even the British are breaking away:

http://www.gizmag.com/tridents-200mph-10 0mpg-iceni-biodiesel-sports-car-nears-pr oduction/9928/

Notice the investment? UKP2.3M to get the car to production. For the Big Three this wouldn’t get it on paper much less to production. Obviously the cost of this vehicle is high but there are economies that could be taken advantage of to bring the cost into the range of the average US citizen.

I intend to circulate this information to every TV and Radio station and every news web site I can find in an attempt to get the word out while advising everyone I can to do the same and to not buy a car from any auto manufacturer that does not provide efficiencies comparable to what these guys get. We have already wasted billions of taxpayer money and I do not intend to waste another dime on an industry that has worked against this country and it people.

Now, Mr. President, what are YOU going to do about it? One thing I can think of is to create an Auto Industry Recovery and Innovation Czar. The two mentioned above would be very good candidates.

Perpetual motion isn’t real, not even in economics.

If you are going to start repeating your ideas in every forum, at least try to find out if your idea is workable first.

Get your hands on some government and economic records. Crunch the numbers for your socialist experiment. See for yourself if it is workable.

Until you do that, you are wasting everyone’s time. Because as your idea stands, it can simply be dismissed because it doesn’t add up.

The Lend Lease Act increased deficit spending way beyond the New Deal programs. The deficit was staggering and was the first step to lifting the nation out of the Great Depression. GDP grew rapidly. Debt reached in excess of 125% of GDP by 1943, the highest it has ever been. High wages, price controls and rationing mandated by Washington ensured workers would earn far more money than they could possibly spend. So the American people saved and bought war bonds. These domestic policies in my view created the middle class. The vast savings and appetite for automobiles lifted the nation out of the recession subsequent to WWII.

As for the thousands of years of history empires seem to be the big losers. Is that what you meant by big government? The United States certiainly fits that bill.

That way you and I have a real financial safety net. Let the government institute a national sales tax of two percent on all commercial sales. They can collect this money and keep forty percent for their operations and give the remaining sixty percent back to you and me.

This frees businesses from having to pay into retirement plans. It eliminates the union/management struggle, and it gives every American the means to provide for their own health care and education by utilizing the markets.

Profit is still possible. But the profit motive does not rule the economy. And providing a truly equal social safety net encourages risk taking and innovation, which sparks industry. This in turn produces more tax revenue, sixty percent of which goes to the social safety net. The cycle is one of sustainable growth.

You end up with smaller more efficient government, a free market that can profit, and a consumer base that is being invested in.

Where is a Ferengi when you need one?

Show me a government entity that runs efficient, cost effective

There is no-way that we can competitive at global level which our American automobile with this level of inefficiency

But i’m praying that i’m wrong

Minor quibble: Did Pethokoukis come too close to the line of not giving credit for his basketball ticket example? Or is this a common story around the ‘net?

http://litemind.com/sunk-cost-bias/