"The legislation calls for the appointment of a so-called car czar who could force GM and Chrysler LLC into Chapter 11 bankruptcy if the companies don’t come up with a restructuring plan by March 31. "2 complaints here. Firstly, why in the world do we use the tile "czar" (even if it rhymes with car)? Is it because it really is a position of arbitrary authority that the government chooses to create without regard to the powers they are actually granted by the Constitution? If so, why are they such brazen bastards about it? Why not give the position a friendly non-threatening (Gover-buddy?) name to cover up the fact that you've got Lady Liberty trussed and gagged in the back room?
Also, why the hell don't we just not give them the money? The economic conditions force a restructuring on their own. I'm sorry but a world without consequences is a world of mediocrity, and in the case where Government is mitigating the consequences, corruption.