GM and Chysler Bankruptcies

[kandrathe]

In many European countries people get an incentive for bringing their old car to the junkyard. 2500 euro I believe is what people in Holland get if they trash their old car. Many people are driving around in perfectly fine cars that are worth less the 2500....so many good cars are just destroyed. This incentive helps car industry a little (but they are probably not smart enough to safe their company with it) but is capital destruction and bad for the environment. Why don't these government just directly give the money away to the car industry?? (which we by the way don't even have anymore in Holland)

The only significant issue I see is waste from end of life vehicle recycling. <blockquote>"About 75 percent of end-of- life vehicles, mainly metals, are recyclable in the European Union. The rest (~25%) of the vehicle is considered waste and generally goes to landfills. Environmental legislation of the European Union requires the reduction of this waste to a maximum of 5 percent by 2015."</blockquote>

Your 4 points; point 3 is the best.....only most people tend to get more aggressive when petrol prices go up a quarter then when our oil producing friends whip people or cut of their hands so it is very difficult to do this.

Ah, no blood for oil. Although, rendered fat could be used to make bio-diesel. Seriously, it would be irresponsible for the US to raise fuel taxes without leading the nation first to an alternative source of energy. Otherwise, in essence they are leading their population to deprivation. Taxes are a big stick, and therefore, we need an equally big carrot to wean the population from oil.

I think when there are two presidential candidates and one wants to invade Canada and the other wants to add a dollar to petrol prices the first one wins.

I dunno. What's in Canada? Oil? Hmmm.... And with the clearing of the ice from the Arctic Ocean... We could make a fortune!!!

[sarcasm]First we need to be clear though, the Lomonosov Ridge is really named the Cook/Peary Ridge and I believe the US flag was there first, even though it was on top of the ice sheet. "The US Senate has not ratified the treaty, despite years of urging from Presidents Clinton and Bush. So it doesn't have a seat at the table as critical decisions are made on how to divvy up the ocean bottom, explains a senior US State Department official." Argh! Slackers! [/sarcasm]