Dont just dish out cash in bail outs!!!

As the Government eyes up a bail out for automotive, following the failed bailout of the banks, LA ponders the missed opportunity.

LA knows the public sector is useless at investing its money, projects over run and come in over budget.

Here is an opportunity to change that. Offer the banks and the automotive industry money on condition that their staff and senior management work in the public sector. So if Jaguar needs half a billion, buy its peoples time. It could go on factory shut down for 6 months, its factory workers will be working for the public during that time, its project managers would be getting some commercial sense hammered into the public sector, and the bailout would then not be just a give away. Government wins, tax payer wins, workers keep their jobs and Jaguar maintains its skilled workforce. This has got to be better than just handing them cash, as we have done with the banks. It also beats putting the staff on benefits, for which the nation will see nothing in return. It also helps the government get on top of its woefully managed public sector contracts.

LA is trying to work out why this is not a good idea, why it wasn't done with the banks and why the government will not do it now. Any suggestions?