Senator Bond proposed Monday for a “car czar” to oversee the auto industry while it tries to recover from its woes:
STL Post Dispatch: (12/08/08)
“Bond said that the outgoing and incoming administrations quickly agree on a ‘car czar.’
According to a copy of the draft legislation obtained by the Post-Dispatch, the car czar would evaluate the programs of eligible automakers toward developing restructuring programs. Those programs would include plans for new products, rationalizing costs and restructuring debt, among other things. Read more…
Doesn’t appear that the people have a lot of confidence in the idea:
From Rasmussen Reports:
“Only 14% of U.S. voters think the Big Three automakers will run better if they are run by the federal government, according to a new Rasmussen Reports national telephone survey.” Read more...
Related:
Survey USA: MO Senate: After a Bump in the Road Last Month, McCaskill Back in Positive Territory
Video: Cato Out Loud: The Auto Bailout
hat tip: catoinstitutevideo
[kml_flashembed movie="http://www.youtube.com/v/73c-1YwEPH4" width="425" height="350" wmode="transparent" /]
0 responses so far ↓
1 Wayne // Dec 10, 2008 at 2:52 pm
Kit Bond is a big government liberal. Always has been always will be. Only his senile mind would think that it makes sense to put a new bureaucrat to oversee the 12 other bureaucrats who were supposed to be doing things like watching the economy and taking action.
2010 can’t get here fast enough!
Leave a Comment