The Solution for the Detroit Situation December 5, 2008
Posted by sunlightmyfire in business, development, economics, green living, politics, public transporation, renewable energy.Tags: Auto companies, bailout, Big Three, business, cars, Crysler, Detroit, Ford, GM, green, Heidi Klum, Jennifer Hudson, LinkedIn, new york times, reality tv, target market, the future, the internet, the SOLUTION, transportation, Trump, unions, vote, Wagoner
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So I’m reading the New York Times review of today’s congressional hearing, you must read it. and I’m coming up with THE SOLUTION. Congress is debating all of the reasons to NOT bailout the Big Three that we’ve all been thinking about. The companies aren’t competitive. They haven’t been for a long time. The unions… (I can’t even go there, unions are such a good idea in theory…) Their product line is inconsistent with the needs of today (my consumer generation) and the people running the show think that it’s impossible to figure it out in time. (As was suggested by the “tight calendar” line.)
Hey, I think to myself, that’s my money honey! I have a BETTER idea. (Actually, I believe many intelligent people have better ideas. You can probably find a few of them here in the bloggoshere. FYI, I love how Adrianna Huffington pronounces ‘bloggoshere!”)
What ELSE could we do with 34 billion dollars BESIDES give it to a crappy company. (This is business, it’s not personal. Ten cents for everytime you’ve heard that line…)
How about fund 34 of the best ideas for new green transportation (independent and community centric) with a billion dollars each. Idea makers, lawyers, promotions people, sales people, producers, developers, engineers, advertisers, web people, (I could go on) start your engines! What do you think will happen??
Alright- before the reveal- I don’t have a good name for this yet, you know, something catchy, quirky, with alteration… feel free to write in with ideas…
AMERICAN TRANSPORT THE TV SHOW!!!!! Yes!! I said it!! Make a reality tv show about our collective future. It would be SO AWESOME! As every intelligent reader knows, if there are 34 good ideas put on the MARKET, only the best idea will survive to change the world. Or maybe a few of them will. Who knows, this is live tv, I mean, economics. The penultimate businesses will be voted of the island, the market won’t support them/America knows best. The market naturally chooses the ideas that make the most cents/sense. Great ideas surface like dot coms and blogs and only the best survive/ inspire audience participation. (Well, except the Jennifer Hudson fiasco.) A billion dollars is enough to get the process rolling and we can document it all, show it to America and we can call in and vote. No, I’m actually serious. We vote on the best singers, the best dancers, Trump fires the crappiest employee, Heidi K tells the worst designer that he or she is out, even crappy chefs get chopped up, ON TV! Let’s talk future transportation. Let’s document it. Let America Vote/Buy. I mean, we are the target market, right?
I’d watch. I’d call in, or text, or whatever. If texting fees apply, maybe that can become a slush fund to the winner or something. I actually think this could be the best idea I’ve ever come up with. This would be the coolest show, so many people would get jobs. These are my people. We all need jobs!! Real jobs. Crackberry style jobs. Green adverting dollars…. Green fashion… Oh ya, did I mention that it’ll be good for the planet?
This is team building baby. The bigger the ideas, the bigger the discussion, the better the outcome after everything is thought out. I’m glad that congress isn’t just a Yes Man for the Big Three. Way to debate you guys. Points to Wagoner for a great statement, it’s just lacking proof… My way is better. It’s a huge idea. Mind blowing actually. But- we can do it. Seriously.
Alright, the idea’s out now. If anyone wants to collaborate, I’m right here. Just think, you could save me from law school.
Big 3- 3rd Option December 4, 2008
Posted by sunlightmyfire in business, development, economics, education, family, politics.Tags: bailout, bankruptcy, big 3, brazil, Detroit, Gettelfinger, Gore, Hummer, Mitch Album, mumbai, West Wing
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This is what happens when you get sucked into West Wing drama, the TV show, sixth season, just as Santos gains momentum and wins California. TV prewrites history, but the New York Times already did a piece on that.
So I’ve been facebooking all the best articles regarding the Big Three, keeping track of public opinion, intelligent opinion (obvious not the same thing) and any kind of compromises or possible SOLUTIONS that are floating through cyberspace. One guess at which of the three is LACKING BIGTIME.
Here are a brief rundown on people’s thinking:
My source inside the GM finance department is preparing for the congressional hearing that has to take place before GM gets any money. My sister and Mitch Album cry of double standards and hypocrisy. I totally disagree. When a company is able to downsize by 30% and keep up functioning, that company is undeserving of extra cash. Most companies don’t have 30% worth of wiggle room. Second, any company that makes BAD products should be washed out by the market. As I mentioned before, there is absolutely NO REASON why anyone should be advertising H3s (Hummers) in Detroit. I realize gas has returned to cheap prices (holy shit by the way) but way to miss the giant flaming letters written on the wall. Don’t you remember like 3 months ago when gas cost $4.55 a gallon? I do! I’m poor! That was DIFFICULT to say the least. There’s no fucking way I’m buying a Hummer. I refuse to buy a new car that has fewer MPG than the Prius. I’m definitely not the only one. The first company to make a cheap new renewable car wins. If it’s not an American car, fuck you. I’m a savvy consumer. I’m not going to Think Ford First if Ford doesn’t deserve it. And don’t tell me the market changed too rapidly to keep up. That’s the easiest excuse in the book to shoot down. Also, we all know gas prices are going to shoot up again- the world is running out. Maybe not today or tomorrow but soon. And for the rest of our lives. So let’s deal. Now.
Sir Gore said it best when asked about the bailout: GORE: “Whatever assistance might be forthcoming should be focused on speeding the changes that are absolutely essential to ensure that our companies are competitive in the global marketplace. “ Isn’t that what I just said?
A retired GM engineer attempted to impress me with the cross configuration and high technology of a plant. I’m not sure if he was trying to detail how difficult it would be to restructure or not. But I found an article that proved him wrong, if in fact that was his aim. GM restructured plants to comply with Brazilian demands for clean engines. Here, read about it, it’s obviously possible.
And finally, the fiscal Conservatives want the Big Three to declare bankruptcy so that they can destroy all of their contractual obligations and start again. Detroit fears the utter collapse of their entire region and a depression as most if not all of the region is in one way or another connected to the auto industry. But maybe that is the best option. We’ll just have to see who writes intelligently about the bankruptcy possibility and I’ll put it up. So far it’s been mentioned to me by an ultra Conservative blogger, but before I go into details I want something with clout.
In conclusion, Detroit, stop whining and change. If you need someone to offer some positive assistance to help usher in a new era, which HAS TO HAPPEN ANYWAY, I have no problem deflecting all of your negativity and helping you begin to think in a positive and progressive way. This could be the best thing that could happen to the auto industry. Tap into all of your talent and turn the oil tanker around. I know it’ll take 30 or so miles to just slow down but if you have the will, you can make a speedboat turn to the better, greener future, save your own ass, create a product that Americans’ll buy and help out the planet.
Do you know how fast the entire world heard about the Mumbai terrorist attacks? I heard it on Twitter and watched it on a live feed at the same time from my bed. That’s pretty instantanious. Obviously, we can make the information needed to do the deed fly around the world pretty fast. We can do anything we put our minds to. I heard the gunshot on November 4th. Go.
PS- Gettelfinger is too old to properly negotiate. Get some new blood in the room. Seriously. He should retire and let the changes get figured out by my generation. We have the energy to do something radical. He’s just plain old and stuck in his ways. One hundred dollar bet he has no idea what facebook is.
Detroit Bailout (shhh- Loan) November 28, 2008
Posted by sunlightmyfire in business, development, economics, politics.Tags: auto industry, bailout, big 3, detroit economics, hummers, jobs
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Home sweet home- a dark, cold, gloomy sky hover over the heads of scared, depressed Detroiters.
I feel like I’ve entered a new galaxy. People think differently here, it smells of desperation.
The ENTIRE greater Detroit area is collectively begging for a Big 3 Bailout package, giant assistance from the government. Everyone’s job is at stake. My mom is a french teacher, my dad designs environmental cleanup projects for the city. He’s safe until the new budget in September. My mom is contracted for the year. They’re both freaking out.
These big companies rely on credit from a functional banking system in order to fulfill their budgetary needs. As a highly regulated industry based on fulfilling contractual obligations, their current budget, with access to credit, everything would run smoothly until 2010 when their contracts would go up for renewal. The crunch has royally screwed them over.
On the other hand, ANYONE in the market for a new car won’t be settling for anything less than Prius-sized MPG. Or else they’ll buy a used car and just make it work. So obviously, ADVERTISING NEW HUMMERS for sale is NOT an acceptable expenditure… I would go so far as to rate it immoral but I guess the morality of the big truck market is another discussion entirely.
The Big Three are facing a serious problem in that they’re making the WRONG product. If you believe in a capitalist market, this company should be eliminated naturally as Toyota and Honda ship their fantastic cars to the Port of Long Beach, parked until the market picks up again. (I’m in the market for a 5 door Yaris Hatchback if you need someone to create a space in the port parking lot.)
If the government becomes the lender of first resort in this case, as opposed to the last, Americans are never again allowed to hate on socialism, Canada or government assistance ever again into the future.
I don’t want a dollar of any bailout to go to a company that still thinks manufacturing Hummers is a good idea. Since Germany and Japan, among other countries, have just bailed out their auto industries, Detroit is in a good position to expect the same from our government. However, if Detroit gets the loan, get the union workers to collectively rip apart current Hummer manufacturing plants and install Volt plants immediately. If the Volt will save you, make it now. Now’s the time. I’m in the market.
We’ll see what happens.