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auto maker bailout

Published: 12/5/08

Barack Obama Fiddling While Detroit Burns

By  Mark Impomeni - Politics Daily
Barack Obama Fiddling While Detroit Burns

As negotiations in Congress over a prospective auto industry bailout drag on, one leading Democrat is criticizing President-elect Barack Obama for being essentially absent from the discussion. Rep. Barney Frank (D-MA), Chairman of the House Financial Services Committee, said that Obama has to engage on the issue if there is to be any hope of getting a deal done."[Obama is] going to have to be more assertive than he's been."Frank's comments come as lawmakers and the Bush Administration wrangle over how, and whether, to prop up the struggling auto makers. The White House wants to let the ...

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