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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (562758)	4/25/2010 4:29:28 PM
From: tejek	Read Replies (1) \| Respond to of 1574333

I think we need to go back to your original concern which was: "We need to get to the point where the failure of an auto company doesn't drag down the economy and end with hundreds of thousands unemployed." I don't think there is any way to guarantee that an auto company won't fail but I think gov't can push the auto companies and keep them competitive by regularly raising cafe standards and encouraging innovation. No one was pushing the Big Three to improve gas mileage, and in terms of innovation, look how far they lagged behind other car makers when it came to hybrids. Toyota has an ad running indicating that they had hybrids in the late 90s. The first big three hybrids were either in 2008 or 2009, and they got some of the necessary parts from Toyota. That's pathetic. We need more gov't like Obama's. You may not agree with his politics and you may not like all his appointees but there is a level of competency that we haven't had in a while. Competent, honest people tend to demand those qualities from others.....including the private sector. Mullaly at Ford is another example of that kind of person....he isn't putting up with the same bs that went on at other car companies and Ford looks it these days. The auto industry in this country needed to have its standards raised.....and finally, its happening. Given their importance to the country, its up to gov't to keep demanding that they improve so they are competitive in the global economy. At least, that's how I see it.