{"id":738,"date":"2009-02-23T20:52:55","date_gmt":"2009-02-24T04:52:55","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=738"},"modified":"2009-02-23T22:16:55","modified_gmt":"2009-02-24T06:16:55","slug":"another-way-to-think-of-the-gmchrysler-bailout","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/another-way-to-think-of-the-gmchrysler-bailout\/","title":{"rendered":"Another way to think of the GM\/Chrysler bailout"},"content":{"rendered":"

\"\"<\/p>\n

I was taught to think in terms of return on capital relative to cost of capital.\u00a0 Totally outdated way of thinking.\u00a0 In financial terms, the return on capital invested in GM or Chrysler is still less than zero.\u00a0 In fact, it will likely be negative 50 percent.\u00a0 That’s the best case scenario<\/a>.<\/p>\n

The correct way of thinking about this is in terms of return on political<\/a> investment<\/a>.<\/p>\n

Good commentary on the Chrysler corporate welfare package here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was taught to think in terms of return on capital relative to cost of capital.\u00a0 Totally outdated way of thinking.\u00a0 In financial terms, the return on capital invested in GM or Chrysler is still less than zero.\u00a0 In fact, it will likely be negative 50 percent.\u00a0 That’s the best case scenario. The correct way […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-738","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=738"}],"version-history":[{"count":9,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/738\/revisions"}],"predecessor-version":[{"id":747,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/738\/revisions\/747"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=738"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}