Thursday, November 20, 2008

9828: Behind closed doors

I love conspiracy theories. There's just so much that's possible that we don't know about. I don't take any of them that seriously, but they're still fun to think about.

I watched a bit of CNN last night. The "big three" automakers were asking for money and the politicians were criticizing them for arriving in each of their own private jets. "You couldn't have downgraded to first class, or jet-pooled?" one said. "It's like someone arriving at a soup kitchen with a top hat and cane." another quipped.

I suppose Detroit felt that if the banks could get free money, that they could too. Go back in time 5 years and ask anyone which industry would need billions of dollars to stay afloat, and no one would of replied "banks and the auto industry".

What about the bank ceo's, they don't travel around in private jets? I can't help but think that the rich is ripping off the poor.

Anyways, back to the conspiracy theory. Have you ever seen, "Who killed the electric car?"

It's about GM destroying a fleet of electric cars that everyone thought were perfectly fine vehicles. They offer many compelling reasons for switching over from combustion to electric, and why electric cars don't need the infrastructure that hydrogen-fueled cars require.

This all took place in the 90's, around the time that GM started pushing suv's.

My theory is that the oil companies seen this move as a direct threat and paid the car companies large sums of money to not sell the electric cars and paid them more money on how many gas guzzlers they could sell. When the pressure from the environmentalists got to be too much, GM went ahead and began to work on the "Chevy Volt" (A new plug-in hybrid). The oil companies cut off their funding, and now without that added cash flow, the auto-makers are looking to the government to help them out.

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