President Obama unveiled a plan to make it harder for American auto companies to recover form their current failing financial situation. President Obama is planning to make cars even more expensive to produce by increasing the fuel standards.
In other news, the Obama administration has announced that more TARP money may be needed beyond the current allocated 700 billion including additional money for the extensive bailout of the Big 3 auto makers.
In still other news, President Obama is planning to make it harder for oil companies to drill for domestic oil.
