Does Anyone feel like Bailing

[Griff]

If absurd spending levels are the key, maybe we should go big into future tech like alternatve energy and space exploration instead of clinging to the 20th century junk.

[xoxoxoBruce]

I'd rather see that space exploration money spend on rebuilding our infrastructure, waste & water treatment, education, health care, the list goes on...

[tw]

Originally Posted by Griff

If absurd spending levels are the key, maybe we should go big into future tech like alternatve energy and space exploration instead of clinging to the 20th century junk.

Meanwhile, where are $billions still being spend wastefully?

Everyone with basic technical knowledge knew hydrogen as a fuel was a myth. The numbers posted here how many years ago? But from the Washington Post of 15 Nov 2008:

Detroit Has Plans for Loans to Retool. First It Must Survive.
Many critics point to GM spending more than $1 billion on research on a hydrogen fuel cell vehicle, which would require an enormous infrastructure investment in refueling stations that isn't likely to take place. GM is still working on that program, though it has taken a back seat to the Volt.

Spent a $billion on something that is technically absurd (but is hyped by MBAs)? And still spending innovation money on things that can not be viable? Just another example of why another $25billion into a company now only worth $1.8 billion is obviously wasted money. And will always be wasted money as long as Rick Wagoner is GM's CEO.