Government running the car companies?

Pelosi believes this:

House Speaker Nancy Pelosi said she supports the concept of a federal overseer of any rescue plan, saying she lacked confidence the heads of the car companies could solve the problem if "left to their own devices." . . . .

And she proposes Paul Volcher? What expertise does Volcher have?

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Blogger 1 said...

Now here's a multibillion dollar question: "What expertise does Volcher have?"

The blog Thoughts by Cincinnatus noted back on Nov. 26 the following: "Do we really need to reach back to a Carter administration appointee to advise Mr. Obama on the current economic crisis? Does anyone remember the economy under President Carter? Can you repeat the word, Stagflation?"...

12/09/2008 3:10 PM  

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