PROPOSED APPROACH
EISP - Essential Industry Stewardship Project: Eliminate the "bailout" and "bankruptcy" onus by initiating what is genuinely needed, possible and respectful: Government Stewardship of essential industries through these treacherous passages. In order to encumber government funds, entities such as auto makers, banks and insurance companies must engage in stewardship.
1. Stewards will have the responsibility and authority to engage, support and modify productive industry functions, especially those that impact what we have come to call "main street": jobs, effective & honest products (e.g. good loans, efficient cars, sound financial instruments).
2. Stewards will identify and be empowered to alter or eliminate waste be it in service of greed and excess or short sighted application of quarterly numbers vs. long term productive strength and vision, or simply benign neglect/ deferred maintenance. 3. Industrial Stewardship will include both management and labor so that union excesses are altered along with those of management.
4. EISP will be empowered to negotiate with creditors both domestic and foreign taking into account the impact on the health of downstream institutions. However the impact and health considered will again focus on "main street" rather than upper management or maintenance of top heavy management or labor relations.
Please share you comments, improvements and promotion to those who enact.
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