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camilla camilla
 
February 16, 2009 06:58 PM

What do you think of Obama's plan to create a task force to oversee the restructuring of the auto industry?

President Barack Obama is reportedly planning to create a task force to oversee the restructuring of the troubled auto industry, instead of appointing a "car czar". Do you think this is the right plan or should he appoint a car czar, as President George W. Bush previously supported to do?
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drivel drivel
 
 February 16, 2009 07:56 PM
Since the United States government does not own the car companies and is only an investor like many others, it would be inappropriate for the United States government to dictate how the auto industry should be restructured. It is presumptuous for the government to assume it has a better idea on how these companies should be restructured than the other owners of these companies.

If the US government wants to dictated how the auto industry should be restructured it should first nationalize these companies.
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camilla camilla
 
February 16, 2009 09:16 PM
Sorry if this was not clear in my original question, but from what is being reported (President Obama has not made the official announcement yet), it appears that the task force will focus on restructuring of General Motors and Chrysler, which both received money from the Automaker Bailout. Restructuring of the companies was a requirement when the companies received bailout money.
Source: CBS [http://cbs13.com/national/task.force.car.2.935927.html]

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263236 263236
 
February 16, 2009 07:43 PM
What ever is decided I do think that there should be total over site of any tax payer money that is passed out.

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