Cheep Substitutes to the 40 million dollar auto bailout

    Announce a 100 thousand-dollar loan to each of the auto makers only after they divest at least 90% of their assets and 90% of their makes of autos. That way if they go out of business, they will be small not big companies. 100 thousand-dollar or less (determine by auction) to a foreign car maker to guarantee the big three warranties until 2010. That will make buying US cars more attractive. A small bonus to whoever buys the auto plants to start producing something fast, and a bonus for hieing former auto workers.

    Traditionally when a company goes bankrupt the equipment lays ideal while the creditors and courts decide what to do. Somehow new owners need to be taking over as a company goes out of business, especially if they are large.

    Does anyone have any other ideas?


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