When Former President George W. Bush spoke to the Montreal Board of Trade recently, he made a public appeal to the Obama administration to "get out of the private sector," adding "I hope our government gets out of the autos and the financials in which they have a stake." His premise is that it takes private companies to turn an economy around, not government-run ones.
In the wake of GM's restructuring announcement, some observers are beginning to talk about government assistance to get automakers through tough times. President Bush has quickly shot down the idea of assitance for US automakers, saying that the government shouldn't be "bailing out companies." GM spokesman Greg Martin said the General isn't looking for a free pass from Uncle Sam, instead insisting the company is going to take care of itself.
There has been a US ban on offshore oil drilling for the past 27 years, and George Bush Sr. signed off on an executive order echoing the ban in 1990. Originally, the ban was agreed upon to protect the beaches and tourism economies of coastal towns, and now global warming has been added into the mix.
Recently we reported that the CAFE issue was largely settled in the energy bill. On CSPAN Monday, Edmund Andrews of the New York Times even dared to say Dingell "lost." Do not underestimate the power of the Dingell side, you have no idea of the power he possesses. Don't believe me? Let's keep in mind that, according to the Detroit News, Dingel did an interview Saturday where he said he got no help from the White House.
In Beijing for Chinese talks on supporting renewable energy, Alexander Karsner, an assistant U.S. energy secretary, said the US and China are discussing signing an agreement to cooperate on the research and production of biofuels. The pact might be announced officially at the US and Chinese government forum, the Strategic Economic Dialogue, December 12.
The U.S. Congress isn't the only ruling body proposing new measures to curb the nation's reliance on foreign oil. The EPA is currently in the process of writing up new rules that it hopes will limit fuel consumption, and is currently gathering 75 regulators to help implement George Bush's '20-in-10' plan, which would see fuel consumption drop 20% in ten years.
var digg_url = 'http://digg.com/politics/Bush_s_limo_breaks_down_in_Rome_Italians_giggle_and_point'; Most people just have a spare tire or a can of fix-a-flat and an auto club card when they hit the road. But as we all know, they do things bigger in Texas, so when some guy from Texas goes for a drive around Rome, he brings along a spare stretch armored limo!
In spite of rule changes meant to negate some of the advantage Audi gained from the superior fuel economy of their turbo-diesel V12, they again dominated the Twelve Hours of Sebring. A Pennsylvania EV advocate is running a DIY workshop on converting your car to run on batteries. Get some information on what tax breaks are available to buyers of hybrid vehicles.
President Bush will be addressing his first State of the Union to a Democratic-controlled Congress in about a half hour. At that time, many people in the country will be in a bad mood because their favorite TV show on Tuesday night was just preempted. Many will change the channel to watch something on cable, but some will stay to watch the president speak, and energy is one topic that will surely be discussed.
There has been speculation in the last few days that President Bush would, in his State of the Union speech, announce a historic shift in the U.S. climate change policy. It seems that this is not the case. This topic will certainly not help any of the feelings of Tony Blair or Angela Merkel, chancellor of Germany, who both would like the U.S. to change its policy.
Bill Ford, Rick Wagoner and Tom LaSorda have been twiddling their thumbs since May waiting for the White House to confirm a date for the Detroit trio to meet with George Bush, the D.C. decider. Tentative times have come and gone, and as each one passed, the perception that the current administration cares little about the challenges facing domestic automakers continued to grow. In reality, those challenges that include health care costs and the price of imported raw materials like steel, just di
Retired Chrysler chairman (and Snoop Dogg homey) Lee Iacocca will be releasing a book in approximately one year, tentatively titled "Where Have All the Leaders Gone?". It's said to cover several topics, among them the state of the American auto industry and the threat that the US manufacturing economy faces from China and India.
Bigwigs from DiamlerChrysler, Ford Motor Company and General Motors will have to wait for their date with the President. The expected meeting between the Big Three and President George W. Bush is now slated for June 2, moved back from the May 18 date as previously reported. The CEO deligates and the White House would have readers believe that the change in date isn't actually a 'postponement,' but rather the first time a firm date has been set. Regardless of any calendar semantics, the
None other than Geraldo 'Take-Him-Or-Leave-Him' Rivera whipped out a Dubya-style haymaker on General Motors and Ford Wednesday, calling the automakers' present fiscal and public-relations gulag the result of 'whining' management and too many 'crap' cars. Not exactly the prose of florid journalist, or even as carefully measured as George Bush's call for domestics to build more 'relevant' products, Rivera unloads: