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Summary:

President-elect Barack Obama may have what the Onion calls the nation’s least-desirable job (try fixing this economy), but Congress laid the groundwork yesterday for a highly competitive runner-up: car czar. With approval from President Bush (an affiliation certain to win many friends), the lucky appointee will […]

President-elect Barack Obama may have what the Onion calls the nation’s least-desirable job (try fixing this economy), but Congress laid the groundwork yesterday for a highly competitive runner-up: car czar.

With approval from President Bush (an affiliation certain to win many friends), the lucky appointee will get to write restructuring guidelines for Chrysler, Ford and GM. Candidates should have themselves a merry little Christmas now, because the guidelines will be due Jan. 1. After that, the czar will have the rewarding job of delving into the Big Three’s books, overseeing any expenditures over $25 million, and keeping the companies in line with congressional prerequisites for their $15 billion bailout package.

Any takers?

By Josie Garthwaite

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  1. [...] immediate aid. Treasury Secretary Henry Paulson will oversee the program — not a “car czar,” as Congress [...]

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  2. [...] not seeking immediate aid. Treasury Secretary Henry Paulson will oversee the program β€” not a β€œcar czar,” as Congress [...]

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  6. Normally I don’t leave a reply, but I really enjoyed your post. Well done!

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