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Obama Calls For Auto Bailout “Czar”, Welcome To The U.S.S.A

Posted in auto industry, Cars, Detroit, Newsworthy, Politics by Suzanne Denbow | November 13th, 2008 | 1 Response |

According to several independent sources, President-elect Barack Obama has been privately discussing the appointment of an auto “czar” to oversee the impending $25 billion dollar bailout that will be issued to U.S. automakers. Although Obama has declined to identify whom he is considering for the post, speculation suggests the responsibility might fall upon the shoulders of one of the three auto industry advisory already on the Obama payroll. Still others look towards Michigan governor Jennifer Granholm, who has been a very public liaison between the interests of the Detroit 3 and the Obama White House. Stressing the importance of appointing a czar who is benevolent and all-knowing, chairman of the Center for Automotive Research in Ann Arbor, MI, David Cole explained, “It can’t be some ideologue or someone with an ax to grind or someone who read about the auto industry in a pamphlet two years ago.”

In addition to overseeing the disbursement of federal aid to domestic auto makers, the car czar would also be charged with serving as an intermediary between the auto industry and various federal agencies such as the Department of Transportation, the Treasury, and the Environmental Protection Agency. More details regarding Obama’s “auto czar” are expected to be divulged next week when several industry officials as well as representatives from the UAW are scheduled to take the stand before Congress and testify on the urgency and necessity of an auto bailout plan. In the meantime, independent political analysts recommend that U.S. taxpayers refresh their supply of personal lubricants and then promptly arrange their body to measure a 90 degree angle.

Source: Detroit News

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  1. Split the job between Amory Lovins, longtime designer of alternative vehicles, and Carlos Ghosn, now head of Nissan; pay them as consultants, so the latter can remain as head of Nissan.

    That way, you’d get input from a visionary who understands materials and someone from the school of hard knocks who understands a balance sheet.