Forwarded from a senior level person at Chrysler dated July 19, 2009.
Monday morning, I attended a breakfast meeting where the guest speaker was David E. Cole, Chairman Center for Automotive Research (CAR ) and a Professor at the University of Michigan.
Mr. Cole, who is an engineer by training, told many stories of the difficulty of working with the folks that the Obama administration has sent to save the automotive industry. There have been many meetings where a 30+ year experienced automotive expert has to listen to a newcomer to the industry, someone with Zero manufacturing experience, zero auto industry experience, zero finance experience and zero engineering experience, tell them how to run their business.
Mr. Cole ?s favorite story is as follows:
There was a team of Obama people speaking to Mr. Cole (engineer, automotive experience of 40+ years and chairman of CAR). They were explaining to Mr. Cole that the auto companies needed to produce a car that was electric and liquid natural gas (LNG) able to go 500 miles so that we wouldn’t “need” so many gas stations (a whole other topic).
They were quoting the BTUs of LNG and battery life they had looked up on some website.
Mr Cole explained that to do this you would need a trunk full of batteries and an LNG tank as big as the car to make that happen. There were also problems related to the laws of physics that prevented them from ?
The Obama person interupted and said (and I am quoting here), “These laws of physics? Whose rules are those? We need to change that!” (Some of the others wrote down the law name so they could look it up.)
We have congress and the administration. We can repeal that law, amend it, or use an executive order to get rid of that problem. That ?s why we are here, to fix these sort of issues ?
These are the people that want to ru(i)n our healthcare.