Breaking News
Comments
Newest First | Oldest First | Threaded View
MsLL
User Rank
Rookie
re: Opinion: Bailouts versus investments
MsLL   12/16/2008 6:25:41 PM
NO RATINGS
Marketing. Americans were sold an imagine they wanted of themselves driving the big gas guzzlers. Marketing folks will find a way to make being a energy-conscious person and eco-friendly cars sexy. But if there is no product to market.....

Kurt Gürsu
User Rank
Rookie
re: Opinion: Bailouts versus investments
Kurt Gürsu   12/15/2008 8:16:36 PM
NO RATINGS
It would be interesting to see an article to compare US bailouts, particularly the discussed Tech bailout, to the view of foreign bailouts, for example the article named DRAM bailouts seen as a 'disaster' on today's issue. Would this statement apply to our own corporations and/or industries?: ''Widespread government support for the industry would be a disaster: It would just prolong the current downturn rather than forcing the vendors to further reduce production or causing consolidation,''

patrick.mannion
User Rank
Staff
re: Opinion: Bailouts versus investments
patrick.mannion   12/15/2008 6:33:24 PM
NO RATINGS
Thanks George. One other thing: I think it's a tad ironic that the engineering community, which (in my opinion) wrongly considers itself to 'above' the political fray (vs., say, other professionals such as doctors and lawyers who regularly get involved in the political arena) now have the chutzpah to suddenly go with their hand out.

george.leopold
User Rank
Rookie
re: Opinion: Bailouts versus investments
george.leopold   12/15/2008 3:42:48 PM
NO RATINGS
Thanks for your comments. Your point is valid.

patrick.mannion
User Rank
Staff
re: Opinion: Bailouts versus investments
patrick.mannion   12/15/2008 3:04:50 PM
NO RATINGS
Hey George, nice column. But something about this statement always irks me (as it's a frequently voiced sentiment): "Then GM and the others can begin again to build cars that energy-conscious consumers want to buy." It seems to me everyone's blaming GM for making the big cars and making big profits off them -- but they wouldn't have made those profits if people (consumers) weren't eager to get their hands on them. Now, I'm no Detroit apologist, but isn't that good business sense? Make cars that maximize profits. Everyone blames for doing that. What they should be blaming them for is for not investing those profits in more green R&D. That's the flaw. Not the profit making.



Most Recent Comments
Flash Poll
Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Engineering Investigations

Air Conditioner Falls From Window, Still Works
Engineering Investigations
Post a comment
It's autumn in New England. The leaves are turning to red, orange, and gold, my roses are in their second bloom, and it's time to remove the air conditioner from the window. On September ...

Max Maxfield

Feast Your Orbs on My Jiggly Exercise Machine
Max Maxfield
54 comments
Last weekend, I was chatting with my mother on the phone. She's all excited that I'm coming over to visit for a week in November. "I'll be seeing you in only seven weeks," she trilled ...

David Blaza

RadioShack: The End Is Nigh!
David Blaza
124 comments
I'm feeling a little nostalgic today as I read about what looks like the imminent demise of RadioShack, at least as we currently know it. An old ubiquitous cartoon image popped into my ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
47 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...