(H/T to Michelle)
Full Disclosure: My Dad is a retired G.M. Employee and Union member.
You know, living here in the middle of all things Liberal, being a Libertarian Conservative is a bit, well; Odd. It does have it’s advantages. I tend to be a bit more Moderate about things. However, this one here spooks me.
This one’s via US News and World Report:
The troubles of the ailing auto industry are quickly becoming a major focus for President-Elect Barack Obama’s young administration. As Congress and President Bush debate an industry bailout, sources indicate that Obama may favor creating a White House office, headed by an “auto industry czar,” to oversee reforming the troubled American auto industry.
The Detroit News reports that both “Bush and Obama are signaling they may favor appointment of an auto czar to oversee the government’s efforts to funnel emergency assistance to automakers.” Congressional leaders and members of both the outgoing and incoming administrations have all said that automakers might receive federal aid only on certain dictions, including efforts “to further improve fuel efficiency and show that they have a plan to return to profitability. Automakers could also be required to give the government preferred stock in the companies and accept government representatives as board members. As in the 1979-80 Chrysler bailout, workers may have to make wage concessions.”
The press was unable to get direct confirmation of the plan yesterday. John Podesta, the former Clinton administration official heading Obama’s transition team, told the Washington Post “When we have an announcement about that, we’ll raise it.”
While I am bit happy to see that my dad’s 31 years will not be basically flushed down the toliet, because of incompetent managers. The word Czar being used in the relation to Business, gives me the willies. Least I be accused to trying to channel McCarthy; I think it reaks of Communism myself.
Could not they use another word? Like Commission, or Overseer, or something? Anything but Czar. 😮
I may just be a old paranoid weirdo, but Czar conjures up images of concentration camps, Nazi’s and all that sort of stuff.