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Pelosi: "car czar" could be named this week, Volcker eyed (Government to mandate what you drive)
reuters ^
| 12/9/2008
| reuters
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 ...
TOPICS: Extended News; News/Current Events
KEYWORDS: 111th; automakers; carczar; cars; volcker
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1
posted on
12/09/2008 5:56:19 AM PST
by
tobyhill
To: tobyhill
2
posted on
12/09/2008 5:57:09 AM PST
by
Redleg Duke
("Sarah Palin...Unleashing the Fury of the Castrated Left!")
To: tobyhill
I'll be expecting them to deliver my new car within a few weeks of Obama’s coronation.
3
posted on
12/09/2008 5:58:04 AM PST
by
highlander_UW
(The only difference between the MSM and the DNC is the MSM sells ad space in their propaganda)
To: tobyhill
So maybe they won’t approve the people’s car company ...
4
posted on
12/09/2008 5:58:12 AM PST
by
Tarpon
(America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
To: tobyhill
5
posted on
12/09/2008 5:58:17 AM PST
by
MarkL
To: tobyhill
Central Planning rules. We’ve lost the country.
We are now the USSA (United Socialist States of America). Before long, this country will be more like the old Soviet Union than well, ... the old Soviet Union was.
To: tobyhill
We can call the new car “The People’s Car” and make it sound really efficient - give it a German name- how about Volks Wagon?
7
posted on
12/09/2008 6:00:13 AM PST
by
jessduntno
(Barack - Kenyan for "High Wind, Big Thunder, No Rain")
To: tobyhill
Kills me that the US Government is now appointing "czars" for everything they can think of. We now have a feudal system, with a High King in the White House, and many little kings ruling the banking industry, and the auto industry, and homeland security, and education, and the environment, and ...
I don't like being a serf. I was happier as a free man. Sigh.
To: jessduntno
Ziv would be a more appropriate name for the car designed by our central government.
9
posted on
12/09/2008 6:01:36 AM PST
by
IbJensen
(The fat lady has sung and it was awful. Coming up: Maya Angelou!)
To: tobyhill
Well, you can kiss Good Bye to the “Travel Trailer Industry”. You won’t be towing one of those with a hybrid.
To: tobyhill
The demonstration of shameless incompetence is stunning.
11
posted on
12/09/2008 6:04:38 AM PST
by
Psycho_Bunny
(By Obama's own reckoning, isn't Lyndon LaRouche more qualified? He's run since the 70's)
To: tobyhill
But I don’t want to drive a Yugo!
12
posted on
12/09/2008 6:05:01 AM PST
by
FatherofFive
(Islam is an EVIL like no other, and must be ERADICATED)
To: tobyhill
The only man worthy of the title Auto Industry Car Czar is former Chief Economist, Adviser and Seer of Enron Paul Krugman. /sarc/
To: tobyhill
Anyone remember those crappy “K” cars?
14
posted on
12/09/2008 6:06:28 AM PST
by
Finalapproach29er
(Democrats still want to get Pres. Bush and/or VP Cheney; there might be show trials in Feb09)
To: IbJensen
More like a “YOU GO”
as in, hey American taxpayer serfs- “YOU GO” buy a hamster-powered/aaa battery-backup powered tin cup
we the very important lawmakers will stuck with our armored SUV’s and private jets
15
posted on
12/09/2008 6:07:03 AM PST
by
silverleaf
(Fasten your seat belts- it's going to be a BUMPY ride.)
To: webschooner
Goodie... does that mean we can bully and run over our neighbors while every one else stands by and does nothing?
16
posted on
12/09/2008 6:07:42 AM PST
by
SMARTY
("Stay together, pay the soldiers and forget everything else" Lucius Septimus Severus)
To: tobyhill
Yesterday I heard someone on the radio toss out the name of Rick Hendrick, who owns a large number of dealerships in the Southeast as well as Hendrick Motorsports. Can you imagine the Big 3 being forced to build cars and trucks the dealerships can actually sell without tricks?
17
posted on
12/09/2008 6:08:04 AM PST
by
Dixie Yooper
(Ephesians 6:11)
To: Redleg Duke
does this mean Obama will design a ‘people’s car’ for us?
18
posted on
12/09/2008 6:08:47 AM PST
by
Cheesel
(The Ark was built by amateurs, the Titanic by professionals.)
To: tobyhill
Volcker?.....Volckswagen..............
19
posted on
12/09/2008 6:09:31 AM PST
by
Red Badger
(Never has a man risen so far, so fast and is expected to do so much, for so many, with so little...)
To: tobyhill
Czars are meaningless and have little or no real power. They're just figureheads that can be blamed if something goes wrong. This is Pelosi simply covering her fat rear end.
20
posted on
12/09/2008 6:09:44 AM PST
by
LiberConservative
(Typical white and nerdy white guy)
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