
As I was getting ready for work this morning and listening to even more tales of CEOs of American dinosaur car companies begging for bailout cash, the following thought occured to me.
Why are American taxpayers paying for the bailout of car companies when oil companies are having record profits?
Let's think about this. When you buy a cell phone, you pay a very low price because you're locked into a contract for service with the cell provider. If you had to pay the full price for the cell phone you probably would balk and not do it.
Did you know your cellphone probably costs about 300 to 700 dollars without the subsidy from your cell provider?
Why don't cars work this way? This seems to be the only way to keep car manufacturers afloat as the consumer is realizing that paying for the car plus the fuel is a very unattractive proposition.
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