Car Czar

Muhammad Vishnu Buddha Dawkins Jesus's-two-daddys-raping Stalin Hitler Bush Clinton Kennedy Rove Obama Satan Flying Spaghetti Fucking Monster McGyver-building-a-neutron-bomb-out-of-his-own-semen-and-Princess Diana's-hollowed-out-corpse Christ! If the 20th century has taught us anything--ANYTHING--it is if you want to doom your cause, then by all means, put a "Czar" in charge of it!

Pelosi likes idea of 'car czar' to audit bailout

WASHINGTON (AP) — Tense talks are continuing on a bill to provide financial aid to the auto industry as the White House pushes tougher consequences than congressional Democrats embrace for failure by the carmakers to bring costs under control.

The Bush administration would allow a "car czar" envisioned in the legislation to force the companies into bankruptcy if they weren't doing enough to cut labor costs, restructure their debt and downsize to stay afloat.

However, I must admit I agree with with Madame Speaker on one point

House Speaker Nancy Pelosi said she supports the concept of a federal overseer of any rescue plan, saying she lacked confidence the heads of the car companies could solve the problem if "left to their own devices."

Exactly. Which is why you shouldn't give them money! If you can't trust a small cabal of out-of-touch plutocrats to manage their own business, how in the Hell is one out-of-touch plutocrat going to a better job of it on the taxpayer's dime?

The one bright point is the threat of an employee takeover:

At the same time, the head of the United Auto Workers, Ron Gettelfinger, signaled that his union might demand an equity stake in General Motors Corp., if asked to give up more.

Although at this point, giving the company to the employees would just be another "Fuck You". They'd do better with letters of recommendation for a job at Toyota or Honda. Seriously, if the union leadership were up to the task of running the company, maybe they would have noticed that the auto companies weren't actually putting any money in their members' retirement funds for 30 years.