The Peak Oil Crisis: The Great December Bailout

So what do we do with Detroit? As now seems likely, its future course will be increasingly controlled by the federal government. Currently the plan is for this control to be exercised by an auto czar tasked with making sure that the multi-billion government loans are not used to pay for excessive executive compensation or dividends on worthless stock, and that the companies move expeditiously to “restructure” so they will not become permanent wards of the state. It is only a matter of time however that, no matter how well intentioned, the government’s involvement in “restructuring” expands to corporate decisions about what to make and how to make it

Transport – Dec 9

New York Commuters Take to Bikes, Can’t Find Spot to Park Them
Detroit has run out of road. The car’s future lies in Europe
Transport: Time to Think Outside the Metal Box
New Ridership Record Shows U.S. Still Lured to Mass Transit
Loans to Rescue U.S. Automakers Near Approval
Impose license fee on King County cyclists

Rail efficiencies

We must thoroughly analyze the efficiencies of our existing transportation modes, soberly review existing and practically-achievable alternatives, and then responsibly choose those transportation arrangements our heirs can afford in the future. This is not the time to shoot from the hip, “wish upon a star”, or print our money into hyperinflation!