GM, Bailout, Obama....

[herbivor]

How long does it take to charge a battery? It would be cool if there was some sort of quick charging innovation.

There is a device in the R&D stage that can fully charge a car in 10 to 15 minutes. Of course, that wouldn't even be possible without the EPA, tax credits or CAFE standards.

We wouldn't be having this discussion if we didn't have government intervention and regulation. R3v wouldn't exist, neither would BMWs in their current form or countless technologies and innovations.

[mrsleeve]

Bull shit herbi and you know it.

If there is a market for it then someone would develop it, We dont need the govt telling us what the market should be and needs to be

[herbivor]

Bull shit herbi and you know it.

If there is a market for it then someone would develop it, We dont need the govt telling us what the market should be and needs to be

The Internet, CERN, Sattelites, GPS...should I go on? None of these things were a market demand when they were developed. No libertarian would have ever allowed these things to be developed by the government. There are some investments too big for any corporation.

[mrsleeve]

Really. WHO DEVELOPED ALL THOSE THINGS??? PRIVATE INDUSTRY, for a customer, for a specific purpose.

NOT FOR TRYING TO SOCIOECONOMICALLY ENGINEER society into the direction in which the govt want us to take, buy limiting and making choices for us.

[gwb72tii]

solyndra is an example of what the government should not do
place a specific bet at tax payer expense
there MIGHT be a place for government funding of tech development, but there is no place for the government to interupt the free flow a capital the markets deem worthy

if the government had not emphaisized wind/solar, neither of which can compete with fossil fuels, perhaps the free markets might develop other ideas, no?

[Fusion]

Could've sponsored scientific research ie. to boost solar cell efficiency, not manufacturers (Solyndra).
Make a car roof/hood/trunk that can recharge the batteries within a couple hours.
Boom. Wireless charging.

These are cool http://flexsolarcells.com/Rollable_Series.php

[Kershaw]

Really. WHO DEVELOPED ALL THOSE THINGS??? PRIVATE INDUSTRY, for a customer, for a specific purpose.

NOT FOR TRYING TO SOCIOECONOMICALLY ENGINEER society into the direction in which the govt want us to take, buy limiting and making choices for us.

hmm...

when was the last time private enterprise built a space station? or put a man on the moon?

please tell me that the government was not responsible for that.

[mrsleeve]

ummmm most of all the shit that is built and developed for those programs are by what???? Under contract to the private sector For a customer that happened to be the govt... Those companies are not known as aeroSPACE for no reason at all you know


I felt about as good as anybody would, sitting in a capsule on top of a rocket that were both built by the lowest bidder. - John Glen



I will say that yes our space program is one place I do feel govt should place some funding, as the benefits and technology derived from it are a benefit to us all in the long run. But when the goals of such endeavors are more goal oriented like putting guys back on the moon, or beyond.

[joshh]

The Government is responsible for many inventions to a degree. But it's because of PRIVATE companies in the first place that allowed those inventions to prosper because the technology was already there it just had to be focused. Just like some of the inventions Steve Jobs got credit for...when in reality they were bought from a company who already made the technology. Then it gets rebranded.

But when it comes down to it, our Government should not be delving into Capital Investment if there is *at all* a risk in losing the investment. Which means not at all.

Usually an invention is not entirely a one person thing that just pops up out of know where. It's the culmination of many ideas from many places over many years of many people testing and retesting.

[Vedubin01]

old thread with new life. GM not learning from our recent past on sub prime loans is now pushing sub prime loans to push sales numbers. Oh yeah they are still into the American Tax payer $40+ BILLION.

Fucking stupid move by GM. Guess you are watching the demise of GM.


http://news.investors.com/article/62...fuel-sales.htm

http://freebeacon.com/gm-still-42b-in-the-hole/

[Morrison]

This is a good thing though. It show that the DLC's (Dammed Libral Commies) haven't passed any regulation to prevent this. I'm sure leadership at GM has deemed this a valid business move and believe that this move will return the maximum profit possible for the stakeholders. Sarcasm Maximus Mode

[Vedubin01]

Since they are down 43% from their opening day after bankruptcy they are grasping at straws. They will either get yet another bail out or it could be the straw that broke the back.

[Morrison]

Ford stock is also at a 2 year low right now.

[Vedubin01]

Ford stock is also at a 2 year low right now.

They are not into the tax payer as GM is either.

[joshh]

Thanks for the link.
Not surprised at all.

I wouldn't be surprised to find out the government is giving GM money though some back door just to help keep them afloat.