posted on Dec, 7 2008 @ 01:08 PM
I heard this morning on BBC news that congress has agreed a 18bn bailout for the car industry and that the money will be taken from the energy
commission advanced research fund. (I can't seem to find an article on this but I know it was shown this morning on the news)
I am presuming that this advanced research fund is used to create new greener energy sources, so it looks like big oil and the car lot have done it
again, screwed the little guy as well as suppressing greener technologies.
I've made a general calculation that 18bn could create at the very least 35Gw of green electricity (probably a lot more in reality) or have paid for
hundred of thousands of electric cars.
This deal sucks and the government, the car industry and big oil are taking the piss.