-
- Speaker of the House Nancy Pelosi suggested Paul Volcker as a "car czar"Bloomberg.com: Pelosi Suggests Volcker as Possible ‘Car Czar’ Pick (December 9, 2008)
- The Bush Administration supported the establishment of a "car czar" positionThe Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
- President Barack Obama will not name a car czar, a senior government official has saidThe Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
- Obama is instead creating a task force to oversee the restructuring of the auto industryThe Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
- Task force will be lead by Timothy GeithnerThe Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
- Lawrence Summers, director of President Obama's National Economic Council, will also play a major roleCNN: Panel to advise Obama on carmakers (February 16, 2009)
- Auto makers required to submit viability plans for their companies on February 17, 2009The Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
- Obama decided to create a task force because he feels the issue is too complex for a "car czar" onlyCBS 13: President Barack Obama To Create Auto Industry (February 16, 2009)
-
-
"Car czar" is the term that had been used to describe the plans for a congressional appointee that would oversee automakers who have benefited from the bailout and assure that the government money is spent appropriately.
On February 15, 2009, the White House announced that President Obama will not appoint a car czar. Instead, Obama will create a task force to oversee the restructuring of the industry. The task force will be led by Secretary of the Treasury Timothy Geithner and National Economic Council Director Lawrence Summers.The Washington Post: White House Won't Appoint a 'Car Czar' (February 16, 2009)
Automaker Bailout
- $15-$17 billion deal agreed upon December 5, 2008Reuters: White House, Democrats reach deal on $15 billion auto aid (December 5, 2008)
- $34 billion was originally requested by the automakersReuters: White House, Democrats reach deal on $15 billion auto aid (December 5, 2008)
- Participants in the bailout include: General Motors and Chrysler
-
-
Car Czar Questions
Who would your Car Czar Dream Team be? 4 AnswersI will start with who it _shouldn't_ be. Any of the current "experts" running, or highly placed in any of the car companies in the US. Don't forget that this ... read more
If a "Pay Czar" can slash the pay of private sector executives, do think a "Government Pay Czar" should also do the same for Congress? 3 Answershttp://farm4.static.flickr.com/3017/2785583698_5f2e6f5922.jpg http://www.flickr.com/photos/grainofsalt/ / CC BY-NC-SA 2.0 I actually see both sides of this. S... read more
What do you think of Obamas plan to create a task force to oversee the restructuring of the auto industry? 2 AnswersSince 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 gove... read more
view more questions...
-
On Twitter Powered by Twitter
-
Ron Bloom Car Czar Auto Union worker. Anti business & anti nuclear. Worked to force US auto makers out of business.
-
-
The Car Czar Cannot Be Serious http://bit.ly/3FqArO
-
-
The Car Czar Cannot Be Serious http://tinyurl.com/yzlzsxm
view more tweets...
-
About this page
-
Page Views0
No one is currently managing this page.
This page currently has no vertical manager.
