America's Future is not the Internal Combustion Engine
If there is a bailout of the Big Three, it should include alternative energy metrics against which the three companies compete for better loan repayment terms. The company that most rapidly converts its’ entire fleet to an average of 45 mpg, starts mass production of electric plug in and electric hybrid cars should have significantly better terms – including forgiveness of most of the loans – than the company that comes in second. There has been much discussion about whether America can afford to allow its’ auto industry to go down the tubes. This implies that the Big Three represent the totality of America’s automotive production.