The Car Czar Cometh
- Wednesday, November 12, 2008, 15:11
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Photo courtesy hibino and licensed by Creative Commons.
Earlier today, I made a post asking why Democrats wanted to bail out big auto, but there is apparently more to this story. It seems President-Elect The One wants to appoint a Car Czar to oversee the government bailout of the auto industry and bring them back to profitability. As I mentioned in my last post (linked above), there are some government restrictions to receive the bailout cash, most notably the to improve fuel efficiency.
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