Thursday, February 19, 2009

Auto Bail Out, and a National Energy Plan

There seems to be something missing in the national dialog about the problems of American auto industry. The auto industry is in collapse, no question there. There is lots of public money going to bail it out, that has already begun so no doubts about that also. And it appears public money will continue to flow in that direction as the auto industry has kind of implied, mainly because it has not expressed any notion of a target timeline for ...what, exactly? This vagueness of objective other than "sometime somehow, we hope to be profitable", leaves the question standing there naked, just why is the public going to bail it out? What is the objective because other than getting the big three through each upcoming quarter, there does not appear to be measurable objectives along the way, nor conditions and purpose going along with the money.

A background thought: no other developed country has the same reluctance as the United States to guide a national industry resource when there is obviously a crisis right now. A personal explanation is that America is caught in trap of its own making, a quick sand of theological-economic ideology that holds sacred the preserving of a free-market icon. The truth is there is no such thing as a free market that obeys the axioms of theoretical market models. And the current Wall Street collapse, revealed after the previous administration's denials even up to the last second, has again scholed us on the real, human fallibility, vunerable to corruption, dynamics of our market system our mis-named market system. Exactly what is the appropriate name for our system, maybe junior-league facism? Hmmm, free-market, believe-me-when-I-tell-you, revivalist hokum?.

Why does America have such difficulty with the 'bail out' concept, when America has singled handedly bailed out, redirected, modernized, made over, and gifted the major global industrial giants (former fight-to-the-death enemies no less) with the Marshall Plan after WW2. Why does America have such a difficult time telling essentially bankrupted, bad product making, unimaginative and unadaptable auto company leadership its time to change in very basic ways.

A big problem, a missing puzzle piece, as I see it is that America needs a coherent, clearly objectified, National Energy Plan wherein the auto industry can have a clearly defined interdependent, and profiting, niche along side other major industries whose products use, produce, design, and integrate into the energy big picture. But again there seems to be an ideological block that prevents an even open dialog on that subject.

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