Comments on: Auto bailout equals corporate socialism and depressed innovation http://ishuitech.edublogs.org/2008/12/12/auto-bailout-equals-corporate-socialism-and-depressed-innovation/ education, technology, science, art, innovation Mon, 15 Jun 2009 09:03:05 -0400 http://wordpress.org/?v=2.8.2 hourly 1 By: Wesley Fryer http://ishuitech.edublogs.org/2008/12/12/auto-bailout-equals-corporate-socialism-and-depressed-innovation/comment-page-1/#comment-130 Wesley Fryer Wed, 28 Jan 2009 20:42:13 +0000 http://ishuitech.edublogs.org/?p=90#comment-130 I agree Quyen. Bailouts are bad ideas and it's sad to see so many people nodding their heads when even the idea of bailouts is suggested for companies which (as you point out) have had YEARS to retool and reinvent themselves, and are still wanting us to get excited about cars and trucks that get 20 MPG. Ridiculous. Larry Lessig's post in mid-December <a href="http://www.huffingtonpost.com/lawrence-lessig/the-mistake-in-bailouts_b_150663.html""The Mistake in Bailouts" is also on target on this subject. His <a href="http://www.huffingtonpost.com/lawrence-lessig/huff-post-breaks-huge-cor_b_161463.html" rel="nofollow">post yesterday</a> about how some corporations are publicly declaring they will use bailout money to try and oppose organized labor's advocacy agenda rather than reinvent themselves for a dynamic economic is both upsetting and eye opening. Economic disruption is often the catalyst for creativity and innovation. Yes, it's sad Detroit is full of empty buildings and even more are going to be empty if leadership doesn't reinvent itself. I think it's ridiculously duplicitous for GW to have promoted this agenda and people to still buy the argument that he was a fiscal conservative. I agree Quyen. Bailouts are bad ideas and it’s sad to see so many people nodding their heads when even the idea of bailouts is suggested for companies which (as you point out) have had YEARS to retool and reinvent themselves, and are still wanting us to get excited about cars and trucks that get 20 MPG. Ridiculous.

Larry Lessig’s post in mid-December <a href=”http://www.huffingtonpost.com/lawrence-lessig/the-mistake-in-bailouts_b_150663.html”"The Mistake in Bailouts” is also on target on this subject. His post yesterday about how some corporations are publicly declaring they will use bailout money to try and oppose organized labor’s advocacy agenda rather than reinvent themselves for a dynamic economic is both upsetting and eye opening.

Economic disruption is often the catalyst for creativity and innovation. Yes, it’s sad Detroit is full of empty buildings and even more are going to be empty if leadership doesn’t reinvent itself. I think it’s ridiculously duplicitous for GW to have promoted this agenda and people to still buy the argument that he was a fiscal conservative.

]]> By: Rae Macklyn http://ishuitech.edublogs.org/2008/12/12/auto-bailout-equals-corporate-socialism-and-depressed-innovation/comment-page-1/#comment-129 Rae Macklyn Sat, 13 Dec 2008 06:27:17 +0000 http://ishuitech.edublogs.org/?p=90#comment-129 I couldn't agree with you more. I couldn’t agree with you more.

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