Economics PD3

Most of the attention the Pirate Dogs pay to economic issues consists of sitting in the kitchen whenever a person goes there, hoping for food to be either given them or dropped on the floor where they can scarf it up. Pretty simplistic and operating at a very basic level.

Now the three of them, joined by my wife and I, watched the President-elect and the stage full of economic heavy hitters do a press conference. We liked the part about the shelter dog the best---the Obama girls really deserve a Sharprador (even if Leny would out-cute them) and wouldn't the Humane Society so benefit from the exposure!!! But the serious issue of the economy did get us thinking......


The auto industry gets a lot of attention. It did in Mr. Obama's remarks before the media. It is probably, after the financial sector, the most needy segment of the manufacturing sector. But a bail-out or loan package MUST be tied to the long-term environmental needs of not only the country but the planet. There were autos that could get 30MPG twenty years ago. This is no longer a goal but an attainable standard. It's our belief that any aid package to the car makers have at the very least a fleet fuel economy standard of 50MPG or more and that this standard be attained within two years!!! Also the car makers should be encouraged to dedicate themselves to improving their core competencies, i.e, building efficient,competitive automobiles, and discouraged from ventures into mortgages and banking. GM Bank and Ditech (mortgages from GMAC) are examples of this phenomenon. If the talent is diluted into so many ancillary ventures, how can the manufacturer be competitive with the foreign companies who keep their eye on the ball. A certain financial acumen is necessary to assist buyers in financing their new (and probably over-priced) vehicle, but a mortgage company and a bank??????????

So by all means, let's put together a stimulus package. And let's support our domestic industries, the few we have left. But let's make sure that this support is aligned with the longer term goals of energy independence and reversing the damage we've done to our planet.