If you had $25b to spend on kickstarting the economy and you could put it anywhere you want, where would you put it?
I sure as hell know I wouldn't put it into a bailout of bloated, inefficient automakers.
Give $1b to Elon Musk.
Give $1b to another 5 electric car producers.
Give the remaining $19b to startups.
No matter how bad the startup ides may be, it would be a lot more efficient than propping up the big 3 automakers who are probably going to die sooner or later anyway.
Just my frustrated two cents.
Agreed, there was an excelent article talking about this too..
http://wizbangblog.com/content/2008/11/18/let-gm-go-bankrupt.php
Seth Godin has a great post about this, I think you are kindred spirits.
http://tinyurl.com/5raetm