Monday, February 16, 2009

No Car Czar

AFP: Obama to set up task force on crippled US auto industry: "WASHINGTON (AFP) — President Barack Obama will not now entrust a 'car czar' with restructuring US auto giants but will launch a presidential task force on the crippled industry, an administration official said.

Treasury Secretary Timothy Geithner and White House economic advisor Lawrence Summers will oversee the task force, the official said, a day before General Motors and Chrysler must submit restructuring plans to the government..."

The purpose of committees is to find a way to share the blame.

2 comments:

billy pilgrim said...

isn't that the purpose of all committees?

Bob Harrison said...

My point exactly.