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General : Will Bush tap Romney?
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From: MSN NicknameT-o-r-s-t-e-n  (Original Message)Sent: 12/18/2008 4:21 PM
 
A couple weeks ago, I posted on how President-Elect Obama would be wise to utilize the talents of Mitt Romney to reorganize the landscape of our domestic automobile manufacturers.  However, alongside the corrective work being done to stabilize the economy, the ailments that have pushed two of the big three (GM and Chrysler) to the verge of bankruptcy have been undergoing corrective treatment for some time now, before Obama even gets into office. 
 
When Congress denied the bailout to the automakers, Bush put his own sentiment in Reverse and decided the White House would act to ensure the car companies get the help they need.  Tomorrow it will be a month since Mitt Romney wrote an op-ed to the NY Times describing what needs to happen to make the domestic autos successful again.  Today Bush, and others in congress, have come full circle and are now discussing and signalling that they will be in favor of some sort of managed bankruptcy in order to reduce many of the labor, pension, and legacy burdens the domestic autos are saddled with.  In other words, Romney's prescription was right a long time ago. 
 
However, there are politics in the way.  Democrats, led by Pelosi of course, have already been clear they don't want someone like Jack Welch or Mitt Romney (two very successful businessmen, the first for building an empire and Mitt for successfully turning around failing enterprises his entire life) get the job, instead they prefer Paul Volcker.  Now, Paul Volcker is great, but Democrats are peddling his name for every single job that comes up for a reason.  And he should be somewhere in the Obama Administration without a doubt.  But the Car Czar is not the right fit.  Volcker is a government veteran, not someone with a successful private sector record.  I don't think anyone wants a bureaucrat running private companies in a private industry, telling them what cars to build and what not to.  On the other side, there is Jack Welch, who build GE.  He has no real government record or experience.  Mitt Romney has both, and he simply is the right guy for this job.  Now, Democrats seem to be blocking on the car czar because they want someone of their political stripe in that seat.  This is why they want to OK a sort of down payment bailout loan that will keep GM and Chrysler's heart pumping until Obama can become President, after which then they'll be able to appoint whomever they please.  Now, I'm of the optimistic and fair mind that Obama is a pragmatist and would like to optimize his and the auto companies odds at success by picking the right guy for the job, and so he'd also select Romney to climb the steep hill, and ironically doing to Pelosi what she doesn't want Bush to do, which we have enough reason to believe Obama isn't afraid to stiff the left given his transitional appointments and moves to the right on numerous positions.
 
We'll see what happens since I don't know the extent of the powers the President could have in appointing the car czar and providing aid aside from whatever congress is up to. 


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