Auto Bailout - TDR Roundtable

Auto Bailout

11-21-2008, 12:06 PM

#1 (permalink)

ACoyle

Coyle - Moderator

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Join Date: Sep 1999 Location: Haledon, NJ, USA Posts: 543 Old Reader's Rigs Gallery

Auto Bailout

Juar a doodle for your enjoyment - A big 3 bailout idea

1) The "Job Bank is terminated immediately"
2) The 25 billion is put into a fund that gets dispursed as follows.
A) A $2,50.00 payment is made against the down payment
on rthe purchase of a car made by one fo the big 3.
B) Which gets over 35 MPG.
C) Which is purchased by someone making less than $70,000.00.

This wopule allow 10 million families to have a new fuel efficient car. It would result in $250 billion in business for the big 3. It would employ some of the unemployed. It would give American products and companies a boost.

I presume that there are things wrong with this idea, I look forward to reading them.

Enjoy - AC

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Last edited by ACoyle; 11-21-2008 at 01:11 PM..

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