Former Car Czar Rats Out Obama Regime…

Discussion in 'Current Events' started by Capitalist, Sep 3, 2010.

  1. Capitalist

    Capitalist Jeffersonian Liberal

    May 22, 2010
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    (Fox News)- Former Obama administration car czar Steven Rattner is coming out with a new book that depicts him swashbuckling through the financial crisis and also shows Obama as “out to get” the car companies and the administration making political decisions about how to deal with bankrupt automakers GM and Chrysler.
    The Huffington Post got a leaked copy and there is plenty there that will play into this years’ elections – especially since this is the first kiss-and-tell book from the Obama team.
    Key points from the article and excerpts:
    -When Obama was told of the plan to pay GM CEO Rick Wagoner a $7.1 million severance package after Obama ordered that he be sacked, Rattner writes: “Suddenly I felt that I was indeed in the presence of a community organizer…”
    -Rattner describes presidential political adviser David Axelrod coming to car meetings armed with poll data to support the takeover and Chief of Staff Rahm Emanuel identify Congressmen in whose districts large Chrysler facilities were located.
    -”[Obama's economic team] veered dangerously close to having the government take control of the two most troubled banks, Bank of America and Citigroup.”
    -”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.”
    Rest here>>>

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