Director on CNN – Purchase Orders, Not Bailouts

From December 3, 2008 broadcast of "Issues With Jane Velez-Mitchell" on Headline News Topic: Are Bailouts the Answer to Economic Woes? Chris Paine (director of "Who Killed the Electric Car?") -- ...what the government should be doing is writing purchase orders and saying, "Hey, we want something for our money. So we'll write you a purchase order for, you know, X billion worth of plug-in cars and hybrid trucks." Let's get something for our money and put people to work. It's funny. The whole system is about a market system. And then we're all in bailout mode. Well, instead let's go into purchase order mode...

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