RV Fuel Issues & Prices - Post 'Em Here!

cekkk wrote:


Government has no business loaning (guaranteeing, same thing) money to companies. First big mistake along those lines that I recall and worked on, minimally, was the '79 Chrysler bailout, although I know the airlines and RRs came before.

Agreed. That's the mistake of "privatisation", where you give government money (that would be spent by a gov agency) to a private company as a loan or grant.

The best way to do mixed gov/private development is where the gov keeps overall management and planning and just sublets contracts to sub-contractors. That's how we did all the succesful major projects back in the 30s, 40s, 50s, 60s. Like Boulder dam, Grand Coulee, olden Gate Bridge, bay Bridge, TVA, etc. It was only the mania of 'privatisation' in the 80s that gave strategy to the private firms and allowed venal CEOs to strategize going-out-of-business plans that left them personally with golden parachutes. Like Solyndra.