Detroit gets a bailout

Email a Friend
From New York Times , and
Democrats in Congress and the President will come through with cash to save the automakers. Plus, help us pick a new name for the position of "Car Czar"
"They are willing to try and do whatever Washington requires of them to get this cash."
— Bill Vlasic on the auto industry
Under a plan being hammered out by Congress and the Administration, GM and Chrysler will get $15 billion in emergency loans. In return, they've agreed to close oversight by the federal government and pledged to get rid of their private jets. And, what should we call the "Car Czar"... Motor General? Auto Crat?