Bailout Solution for the Big Three (3) Ford, Chrysler, GM
If the Big Three (3) auto makers want money here is a WIN, WIN solution for the TAX PAYERS, AUTO DEALERS, AUTO MAKERS, and the people who want America to go GREEN
Issue a $15,000 tax credit to every TAX PAYER. The tax credit can only be used to purchase a fuel efficient (50 MPG or better) vehicle from Ford, Chrysler, or GM.
If the bailout money is coming from the TAX PAYERS, then they should reap some of the rewards.
First tax payers would be able to afford to purchase a NEW fuel efficient vehicle. This would lower the amount of money spent on purchasing fuel, and/or paying for repairs on older vehicles. The money saved could then be spent on other goods and services.
Second the auto dealers would be forced to start selling fuel efficient vehicles that the tax payers are demanding.
Third the big three (3) auto makers would be forced to start making fuel efficient that the tax payers are demanding. They would receive millions of new orders for fuel efficient vehicles, which in turn would keep millions of people employed.
However, the big three (3) auto makers will still have to get their spending under control. They should start by getting rid of their private jets and purchasing plane tickets like everyone else. Then they need to take a good look at how much money is being spent in their current union contracts.
If the AUTO UNIONS do not care about what happens to the future of the Big Three Auto Makers and to everyone else in America, then maybe it is time to get rid of the Auto Unions!
Wake up America !!!
Stop the government handouts for Big Business!!!
Fuel efficient vehicles SHOULD be powered by natural gas, and/or batteries and designed using American ingenuity. They should NOT be powered by TAXPAYER bailout money and designed using American Union greed.