Friday, February 20, 2009

Auto Politburo

We're going to have a Presidential Politburo Task Force on Autos.  Headed by the Secretary of the Treasury, it's going to oversee restructuring of the industry.  Or at least GM and Chrysler.

An auto-industry official expressed disappointment. “We would have preferred having a single, go-to person focused on the restructuring,” the official said. ”This isn’t bad, but the other would have been better.”

If you really wanted a single, go-to focused individual you should have gone to a bankruptcy court, slick.

Now you've got to deal with at least nine different executive organizations, [1] at least that many agendas and a whole bunch of courtiers representing special interests.

And you thought dealing with the UAW was complicated. 

Y'all have fun with my money, y'hear?


[1] 'At least' the Departments of Treasury, Labor, Transportation, Commerce, and Energy. the National Economic Council, the White House Office of Energy and Environment, the Council of Economic Advisers and the EPA.


blog comments powered by Disqus