Friday, February 19, 2010

A third manufacturing czar??

To be fair, Nicole Yvette Lamb-Hale was confirmed by the Senate and has an official position (Assistant Secretary of Commerce for Manufacturing), unlike so many of Barack Obama's other czars. But the president doesn't need another adviser on manufacturing. He already has Manufacturing Czar Ed Montgomery and crazed anti-capitalist Car Czar Ron Bloom.
Lamb-Hale previously worked at the business consulting firm Foley and Lardner LLP, one of the largest in the country. There, she specialized in the restructuring of companies in the manufacturing sector...especially automobile companies. Obama's government currently has huge ownership stakes in two of America's largest car companies. His administration has been persecuting the biggest competition, Toyota, by demanding massive recalls. Now he brings in a woman renowned for her ability to tinker with the car industry. It smells like socialism and central planning.
Most of the companies that owed TARP money have repaid it. Now it's time for the reverse to happen. Obama needs to get the government the hell out of GM and Chrysler...and fire Montgomery, Bloom, and Lamb-Hale.

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