September 2, 2010
Obama 'seemed to have it in for for the automakers' -- Car Czar
Steven Rattner, Obama's handpicked car czar, has written a forthcoming new book, Overhaul, which makes some interesting admissions, according to a report in the HuffPo.
Though Rattner praised Obama's thoughtful manner when he calmly executed his decisions, the car czar notes that the president seemed to have it in for the automakers from the beginning.
Sounds about right for this president. Because Rattner has zero need for book sales to make money (he is quite wealthy) this has the ring of truth.
Rattner goes on, though, to claim that Obama did not seem to be much in favor of helping auto unions either. But Rattner notes that politics intruded on the actions the administration took regarding the car companies.
He does describe the sometimes political nature of the discussions of the automakers' fates, saying that White House adviser David Axelrod brought the latest polling data to a discussion about bailing out Chrysler and Rahm Emanuel identified Congressmen in whose districts large Chrysler facilities were located.
Rattner also claimed that Obama supporters and donors barraged the White House with calls, emails and memos to take stronger steps, including nationalizing the big banks, to deal with the financial crisis. He says that Obama's economic team "veered dangerously close to having the government take control of the two most troubled banks, Bank of America and Citigroup." Even Summers seemed fond of the idea -- launching a project known as "USG as Shareholder."
Rattner is also critical of Obama's "one president at a time" stance during the transition, stating that "if his team had linked arms with the outgoing administration, as President Bush's advisers had proposed, billions of dollars could well have been saved." He adds that personnel decisions, such as Tim Geithner and Larry Summers's appointments, should have been made faster and at not such a deliberate pace.
But I though the administration did not look at polls -- at least, according to their press flack, Robert Gibbs, who represented that this was the case.
FOLLOW US ON
Recent Articles
- Greenland: How Trump Can Deal with the Raging Danes to America's Advantage
- Greenland at the Crossroads: Why U.S. Leadership is Crucial
- How the Death Penalty Should Work
- Mr. Schumer — You Make No Sense!
- The Price of Reciprocity: Why President Trump’s Tariffs Make Strategic Sense
- The Least Dangerous Branch No More
- Is Bipartisan Nationalism Possible?
- Sitting Down for the 'College Talk'
- Trump’s Tariffs Will Not Cause Inflation
- The Republican Off-Cycle Election Challenge
Blog Posts
- Smart nations lining up for tariff deals with President Trump -- and you can just tell which ones they are
- What a month of April 1968
- Florida’s opportunity to defang the property tax monster
- Iran: Israel and the USA have the same objective
- Fighting for babies while black
- America is raising feral children
- Unmanifest Destiny: Is America heading for the ash heap of history?
- A look at the vigilance we need for a safe society
- Mexico supports a terror state
- The making of an anarchist
- Tariffs: Trump, Nancy, and the chatbots (mostly) agree
- Tariffs force the world to bargain
- Washington Post falls for terrorist propaganda...again
- A simple question on trade
- Brace for more astroturf as pre-planned protests ‘spring to life’ this weekend