The Regulatory President
what I really don’t get is, why bailout the industry with billions of taxpayer dollars, only to saddle them with this? If one didn’t know better, one might think re-distributing taxpayer dollars and regulating industry were goals in and of themselves. Hmm
More via Ace, as well.
The sickly condition of US automakers is well known. In fact it looks like GM will be out of money by the 1st quarter of next year.
One would think the last thing the government should do is impose expensive new mandates on failing manufacturers. Except that's exactly what might happen if President Hope and Change has his way. He's promised to reverse a Bush Executive Order and allow California to regulate carbon dioxide emissions for automobiles.

