Tuesday, November 18, 2008

Papa B's plan to rescue the auto industry

Papa B emailed earlier.

This is serious. Maybe someone else has suggested it but I haven't heard of it.

Instead of bailing out auto manufacturers, give a $5,000 cash rebate to every buyer of a domestic car... and $2,500 to each buyer of an imported auto. Car companies, dealers and banks all gain.

If the domestic companies sold a million cars, this would cost "only" $5 billion.

Also, you start to clean out bloated inventories.

How can I get this idea to the right people?

Sounds good to me. Any ideas as to how to promote this concept?

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