NashTransit

This op-ed in the New York Times ponders what we should be asking from the Big 3 automakers in return for our billions of taxpayer dollars:

The federal government is giving General Motors, Ford and Chrysler $25 billion in low-interest loans, and the companies are asking for up to $25 billion more. These same companies have spent millions of dollars lobbying against federal fuel-economy standards and are suing to overturn the emissions standards imposed by California and other states. In exchange for the loans, Congress should first insist that the automakers stop fighting these standards. But it should also make sure that better outcomes will result from these billions than just fuel-efficient cars.

The Obama administration should ask the companies, as a condition of financial assistance, to begin shifting from being just automakers to becoming innovative “transportmakers.” As Barack Obama’s new chief of staff, Rahm Emanuel, recently said: “You don’t ever want a crisis to go to waste. It’s an opportunity to do important things you would otherwise avoid.”

No doubt this is an ugly situation no matter what... but ultimately maybe some good can come of it. Link

# posted by dotsandlines @ 11:49 PM