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Old 11-14-2008, 04:38 PM   #42 (permalink)
Otto
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Oh, and another thing: Part of any bailout should be cancellation of any tax or other advantages for owning/driving a gas hog like an SUV. Detroit lobbied (aka bribed) Congress to allow SUVs to be categorized as trucks, sidestepping safety and fuel economy guidelines. Voila, a whole new slew of gas guzzlers was born, subsidized by the taxpayers directly and indirectly.

So, any bailout should also explicitly stipulate that any such tax advantages weigh exclusively in favor of better fuel economy and safety, with correspondingly stout tax penalties for wastefulness.
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