Auto Aid Plan with Czar

Article. I think the idea behind current plan is good. I disagree that the car czar would be named by Bush. He could name some corrupt individual, much like many in his administration, who overlooks problems and sweeps it under the rug. So in effect, there really is no overseer.

Another issue is that they need someone who is better at leading those companies out of a bankruptcy. The current CEOs got them bankrupted in the first place, and this is not the first time GM has asked for money from Congress. They need new leadership, otherwise the money would go to waste and the companies go bankrupt in a few years with the loans never being paid back. It's like giving a loan to people who mismanage companies to do more screwups at taxpayers expense. Just give them more money, they'll make it *this time*. (Rolls eyes). These companies need new leadership. They need to be forward thinking.