Obama Backs Off Car Czar, Will Have "Panel" Oversight of Auto Restructure

[Wapasha]

Originally Posted by NewToCA

Obama made a point of mentioning responsibility and accountability in his campaign. However, he has now backed off having an individual responsible for oversight of the car company bailout/restructure, and is instead appointing an oversight panel.

This significantly reduces accountability for oversight failures, should the auto companies be unsuccessful. Having this responsibility assigned to many folks as a collateral duty builds in a lot of potential excuse making as to why failure was allowed to occur, and eliminates single ownership of the oversight responsibilities.

It is really a disgrace, and shows some rather negative insights about the decisionmaking that takes place within this administration:

WASHINGTON — President Barack Obama plans to appoint senior administration officials — rather than a single “car czar,” as had been discussed — to oversee a restructuring of the auto industry.

Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers will oversee the across-the-government panel.


U.S. decides against 'car czar' to restructure auto industry | National | Chron.com - Houston Chronicle (http://www.chron.com/disp/story.mpl/nation/6265426.html - broken link)

But he is not running the auto companies, just appointing people to a panel, to oversee them instead?

Still not having people in charge who actual know how to run a business, much less manage an international auto manufacturing company.

I'm still dying to see the union go on strike against itself and demand more of the same, ie... unsustainable union demands. As soon as things look gloomy, 0bama and the unions will dump off their shares of interest and divest themselves of any responsibility for failure. Then 0bama and the unions can go back to what they do best - make demands, criticize and impugn private industry.

[NewToCA]

Originally Posted by Wapasha

But he is not running the auto companies, just appointing people to a panel, to oversee them instead?

Still not having people in charge who actual know how to run a business, much less manage an international auto manufacturing company.

I'm still dying to see the union go on strike against itself and demand more of the same, ie... unsustainable union demands. As soon as things look gloomy, 0bama and the unions will dump off their shares of interest and divest themselves of any responsibility for failure. Then 0bama and the unions can go back to what they do best - make demands, criticize and impugn private industry.

You have to take a look at the date of the original posting in this thread, it predates the decision to take over GM.