Subscribe

car-czar

on

President Obama's erstwhile "car czar," Steven Rattner, has paid a high price -- $10 million, to be exact, not to mention his former position in the current administration -- for his investment group's involvement in a shady pension fund scheme.

on

Certain prominent media figures who shall remain nameless are getting all worked up about President Obama's "czars" and, having latched onto this term as fodder for a little old-fashioned partisan punditry, are busy freaking out their followers with sinister socialist imagery -- but let's take a good look at the recent history of this term in American politics, shall we?

on

One country, so many clunkers: The U.S. government-sponsored "cash for clunkers" program has come to a halt after six short days of enticing car owners to sacrifice their gas-guzzling relics to the scrap-heap gods and drive off in newer, greener models.

on

What's to be done about the floundering American automotive industry? Appoint a "car czar," you say? No, this is a job for a whole team of people, such as the newly formed Presidential Task Force on Autos. One small hitch: It'll be headed up by Timothy Geithner and Lawrence Summers.

on

White House and congressional leaders have agreed to bail out the auto industry. Detroit will get $15 billion in loans and, to make sure the Big Three keep running after their warranties expire, a so-called car czar will oversee long-term restructuring. And because we're really serious about getting this right, George W. Bush gets to pick the car czar. D'oh!

Personalize your Truthdig experience. Choose authors to follow, bookmark your favorite articles and more.
Your Truthdig, your way. Access your favorite authors, articles and more.
or
or

A password will be e-mailed to you.

Statements and opinions expressed in articles and comments are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.