car czar

Former Car Czar Pays Steep Settlement Fine

Staff / Truthdig Dec 31, 2010 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. Dig deeper ( 1 Min. Read )

And Now, a Word About ‘Czar’ Mythology

Staff / Truthdig Sep 28, 2009 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? Dig deeper ( 1 Min. Read )

‘Cash for Clunkers’ Plan Suspended

Staff / Truthdig Jul 31, 2009 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. Dig deeper ( 1 Min. Read )

Auto Task Force … Activate!

Staff / Truthdig Feb 17, 2009 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. Dig deeper ( 1 Min. Read )

Auto Bailout Comes With Car Czar, Standard

Staff / Truthdig Dec 9, 2008 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! Dig deeper ( 1 Min. Read )