Happily, my tyrannic rule is no longer needed in the blessed reign of Obama. If I were tyrant, however, these would be my bail-out conditions:
- Bail and break: Too big to fail means too big to live. Make breaking up GM a condition of the bail-out
- Per Reich: industry must sign-on to new fuel efficiency standards.
- Account for the bail-out monies through a carbon tax (not a gas tax directly).
- Offset the carbon tax (the Great Recession is the wrong time to increase next taxes) with a large investment in public transit development and universal wireless internet access to diversify commuting-free employment.