Posted on 12/09/2008 5:56:19 AM PST by tobyhill
A presidentially appointed "car czar" to oversee the restructuring of struggling U.S. automakers could be named as soon as this week if Congress approves an industry bailout, House of Representatives Speaker Nancy Pelosi said in an interview aired on Tuesday.
Pelosi told NBC's "Today Show" that she favored former Federal Reserve Chairman Paul Volcker, recently appointed by President-elect Barack Obama as his top adviser on steering the economy out of recession, to oversee restructuring of the industry.
Democrats and the White House are negotiating a bailout package of up to $15 billion in loans to rescue the Detroit Three companies. The final plan must be approved by Congress.
(Excerpt) Read more at reuters.com ...
It is refreshing to hear voices of sanity.
I won’t be wasting my time with a comment. Better to write it on a sheet of toilet paper and let it fly.
Hmmm, I see many here understand the depth of this problem.
The best man for the job - if he would consider it - would be Dick Cheney. He has the business experience as CEO of a “mega” corporation, the political knowledge and acumen, and the no-nonsense attitude needed to set standards of performance and make them stick.
If anyone has a better candidate, I’d like to know. And if anybody knows of anyone LESS likely to be offered the job, I’d like to know that, as well.
DAMMIT! I’ve been building a little “retro” travel trailer to escape into the far country fishin’ and (gasp) huntin’ an’ I got me one o’ them fishin’ and huntin’ licenses too...
Oh well, I’ll illegally tow it with my 10 yr. old full sized p/u. At night. Without lights.
Here in my car
I can only receive
I can listen to you
It keeps me stable for days
In cars
Here in my car
The image breaks down
Will you visit me please
If I open my door
In cars
Here in my car
I know I've started to think
About leaving tonight
Although nothing seems right
In cars
I know I've started to think
I know I've started to think
Drug law logic being used on smoking/fatty foods/firearms comes to mind.
Indeed. It's all coming to fruition now with our new master.
Jefferson was right about the tree of liberty thingy, I'm wondering when "from time to time" part commences.
Bring on the air cars.
Ugh. The Republicans better not vote for this. They can hang this one around the Democrats' necks.
Oh Yeah, Nancy. Volcker did such a bang-up job investigating the Oil for Food debacle..
geeesh
Oh no it won’t be the volkswagen which actually are not bad cars it will be the EAST German version of a “peoples car” the “Trabant” aka the little stinker due to its two cycle diesel engine(non fuel injected).The ford I currently drive now will most likely be the last American made car I will ever buy.
Oh no it wont be the volkswagen which actually are not bad cars it will be the EAST German version of a peoples car the Trabant
Good point...unfortunately...
New, no. But I expect the used cars and the stockpiled lightbulbs to outlast the Obamanation.
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