Bailout Plan - new idea

mccohens at aol.com mccohens at aol.com
Thu Dec 11 06:04:00 PST 2008


I am sure someone else has proposed this, but I haven't seen it discussed yet.
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Rather than give the money directly to the auto companies, give taxpayers a huge(50%) credit on income tax for any new american made car purchased.? Force the banks that took bailout money to underwrite the loans, based on an acceptable application of course.? 

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Let the auto makers pitch their management changes to the public, let the public vote with cash for the best plans and the best cars.? I would actually consider buying a new car with this sort of package.

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