Bukoos for batteries

Need a quick $300 mil? Buy a lottery ticket. Or simply invent a better car battery. At least that’s if John McCain’s new idea gains traction:

PHOENIX (AP) – Sen. John McCain hopes to solve the country’s energy crisis with cold hard cash.

The Republican presidential nominee-in-waiting thinks the government should offer a $300 million prize to the person who can develop an automobile battery that leapfrogs existing technology.

The prize would equate to $1 for every man, woman and child in the country.

In a speech being delivered Monday at Fresno State University in California, McCain is also proposing stiffer fines for automakers who skirt existing fuel-efficiency standards and incentives to increase use of domestic and foreign ethanol.

This would definitely get some brilliant minds — and more than a few REALLY warped ones — on the task. But it has always bothered me how easily a politician will wave MY money in front of someone’s nose as a solution to a problem. That along with the threat of punishing an already shackled auto industry for not “doing enough” is pure Democrat thinking. But then again, McCain WAS speaking to a bunch of California college kids.

And another question comes to mind… who will own the rights to the prize winning idea once the 300 million (which will come to a little more than half of that once the IRS gets their cut) is awarded? Will the inventor still be able to enter into private contracts with the auto industry?

If not, he or she is going to be one screwed millionaire.


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