An Auto Czar? WTF?

@laglen (19759)
United States
December 11, 2008 7:23am CST
So $15 billion to the automakers isn't enough. Now we want to pay an Auto Czar? How about a chastity belt for the federal reserve? Goodness sake. Why can we give so much to the financial institutions and no questions. Then we give just $15 billion and want every penny accounted for. Sounds hypocritical to me. What do you think? By the way, I was against bail outs from the word go, but since we are passing it out, I want my piece of the pie!
1 person likes this
3 responses
@onlydia (2808)
• United States
14 Dec 08
You are the pie. didn't you know that. That is are money they are giving to them. Not there's tax dollars that they have to pay back. Now that is why we can't have a piece as we are the pie. Your friend onlydia.
@Barb42 (4214)
• United States
11 Dec 08
It is hypocritical, in a way. But the car manufacturers have major problems and nothing out of reconstruction is going to work for them. I think the Congress is afraid that they will take the money and just do business as usual. And, if they do, then, they'll be going belly up. GM is the worse of the three, and I hate that, considering we are GMC car owners. My husband also has a Ford truck. I hope they all get their businesses back up and running in the green. I'd hate to see any of them out of business and all those people losing their jobs. It would affect not only those workers but all those that work for the parts companies that supply them with the parts.
@xfahctor (14113)
• Lancaster, New Hampshire
11 Dec 08
To my way of thinking, the moment T.A.R.P. was passed we were done for, the damage was already done. Where the money goes now is irelevent. I will still sat that the bail outs resulting from T.A.R.P. are the smoke and mirrors and a by product. It was a power grab and nothing short of that. Poulson pulled off a financial coup with the help of congress and the signature of the president. The federal reserve doesn't just need a chastity belt, it needs a straight jacket followed by a trip in to oblivian and the history books. End the FED.