Stories tagged with "basic needs"

Cars or Wind Turbines? Time to Choose ?

With the recent financial turmoil, many companies and industries are finding themselves in deteriorating financial straits. Yesterday the CEOs of the 'Big Three' auto makers testified before Congress on why they should be the latest recipients of taxpayer funds, specifically a $25 billion injection from the government to keep their businesses afloat. At the same time, renewable energy infrastructure buildout is facing similar problems. 66 out of 262 approved wind farms have either been outright canceled or postponed. Some tough choices will likely have to be made. It has been our historical political trajectory to put out immediate fires and neglect smoke on the horizon. But at what point, if ever, is there an 'a-ha' (or 'uh-oh') moment, when we collectively realize we don't have the resources to continue ALL businesses. Some entire industries can, should and will fail.


Below the thread are some brief comments, and an open thread on the automobile industry bailout situation.

"Hummer?" "or Light and Heat?"