As time goes by, more and more scandals will be exposed while George Bush was president.

Bloomberg:

At least four U.S. investigations into unintended acceleration by Toyota Motor Corp. vehicles were ended with the help of former regulators hired by the automaker, warding off possible recalls, court and government records show.

Christopher Tinto, vice president of regulatory affairs in Toyota’s Washington office, and Christopher Santucci, who works for Tinto, helped persuade the National Highway Traffic Safety Administration to end probes including those of 2002-2003 Toyota Camrys and Solaras, court documents show. Both men joined Toyota directly from NHTSA, Tinto in 1994 and Santucci in 2003.

While all automakers have employees who handle NHTSA issues, Toyota may be alone among the major companies in employing former agency staffers to do so. Spokesmen for General Motors Co., Ford Motor Co., Chrysler Group LLC and Honda Motor Co. all say their companies have no ex-NHTSA people who deal with the agency on defects.

Possible links between Toyota and NHTSA may fuel mounting criticism of their handling of defects in Toyota and Lexus models tied to 19 deaths from 2004 to 2009. Three congressional committees have scheduled hearings on the recalls.

“Toyota bamboozled NHTSA or NHTSA was bamboozled by itself,” said Joan Claybrook, an auto safety advocate and former NHTSA administrator in the Jimmy Carter administration. “I think there is going to be a lot of heat on NHTSA over this...read on

Toyota has only lost almost 28 billion in market capitalization. The influence of former employees from government agencies directly tied to their new jobs is a disgrace.

Southern Beale writes:

It’s that revolving door between government agencies and those major corporations in the industries they are meant to regulate. Throw in a few lobbyists and a few million dollars in K Street money and you’ve got a very cozy scenario, indeed. It's all just so "Club For Growth," isn't it?

No wonder our government is broken: it’s a wholly-owned subsidiary of Corporate America. And Corporate America doesn’t care about real Americans, just their money.

Hey Toyota: dead Americans don’t buy cars.

I'm sure Grover Norquist is happy that Tinto and Santucci did their best to stop the government from doing their job, because those government probes are just so bad for corporate America. I mean, the free markets will magically help raise the people that died because of Toyota's problems from the dead--probably on Halloween. That's always a good day for resurrections.

Hey conservatives: How's that "small government" thing working out for ya?

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I just wonder why Obama's approach is so very different with the automakers than it is with the banking industry:

General Motors filed for bankruptcy on Monday morning, submitting its reorganization papers to a federal clerk in Lower Manhattan.

G.M. said it had $82.3 billion in assets and $172.8 billion in debts. Its largest creditors were the Wilmington Trust Company, representing a group of bondholders holding $22.8 billion in debts, and affiliates of the United Auto Workers union, representing nearly $20.6 billion in employee obligations.

The filing itself seemed anticlimactic. It was a simple procedure done thousands of times each day across the country, by individuals and business alike. But not usually, as in this case, by companies like G.M. that have woven themselves into the fabric of America culture.

The company was forced into the filing by President Obama, who is betting that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive.

[...] The bankruptcy of General Motors culminates a remarkable four months of confrontation between Washington and Detroit that is expected to result in a drastic downsizing of the company. It also places the government in uncharted territory as a business owner, as it takes a majority ownership stake in the company during its restructuring.

Why aren't we forcing the "too big to fail" banks to downsize?

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Excellent news in the fight against global warming as Obama moves up the implementation date on U.S. MPG regulations. This is urgent:

WASHINGTON - Joined by an uncommon alliance of auto executives, union leaders and environmental activists, President Barack Obama on Tuesday announced a national program to cut new vehicle carbon emissions and raise mileage by 30 percent, while also reducing oil needs and changing the kinds of cars Americans buy.

"This gathering is all the more extraordinary for what these diverse groups — despite disparate interests and previous disagreements — have worked together to achieve," Obama said at a White House ceremony. "For the first time in history, we have set in motion a national policy aimed at both increasing gas mileage and decreasing greenhouse gas pollution for all new trucks and cars."

"The status quo is no longer acceptable," he added. "We have done little to increase fuel efficiency of America's cars and trucks for decades."

Bloomberg reports:

The plan adopts nationwide a standard proposed by California, setting the first-ever U.S. limit on greenhouse-gas pollution from vehicles.

Auto companies and California have signed off on the proposal, ending their feud over the state’s proposed rules. California’s Republican Governor Arnold Schwarzenegger and General Motors Corp. Chief Executive Officer Fritz Henderson are both planning to attend Obama’s announcement.

“It launches a new beginning,” said David McCurdy, president of the Alliance of Automobile Manufacturers, in a statement. “The president has succeeded in bringing three regulatory bodies, 15 states, a dozen automakers and many environmental groups to the table.”

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I can't begin to tell you just how little sympathy I have for the Wall Street bankers who bitch and moan about how impossible it would be to live in NYC on "only" $250K. (My kid manages to live there on considerably less.)

No, my sympathies lie with people like this who worked hard, played by the rules and are now caught in an economic disaster:

As the Obama administration prepares to send Chrysler into bankruptcy court, with General Motors possibly to follow, one of the biggest losers may be the automakers' current and future retirees, a group of nearly 1 million people who could see their pensions and health-care funds slashed by tens of billions of dollars.

The loss could pose political trouble for the Obama administration, which has pressed both automakers since February to ready themselves for bankruptcy as a means of purging their overwhelming debts.

The GM and Chrysler pension plans together cover 928,000 people, and many of them worry that the industry restructuring already underway could slice their benefits.

A group of nonunion retirees is scheduled to meet with the administration's auto task force this morning to try to save their pensions and health benefits. The United Auto Workers is also negotiating over changes to the benefits, but has yet to reach an agreement with the Treasury Department, a source familiar with the matter said.

"We are going to do what we can to help protect their benefits to the degree that we can," said an administration official, who spoke on condition of anonymity because the discussions are private. "It's premature to speculate on what will happen. This is certainly a constituency that we are focused on, but we have not and cannot rule anything out."

With Chrysler facing an end-of-month federal deadline to reach agreements with its bankers and the union, stakeholders have been trading a flurry of offers and counteroffers.

In recent weeks, members of the task force have struggled to devise rescue plans and a legal strategy that might protect those workers if the companies file for bankruptcy. But experts say an outcome is difficult to predict.

"I feel betrayed," said Vicki Prout, 57, a former executive assistant at Chrysler whose 23-year career there included typing speeches for Lee Iacocca when he was chief executive. "They offered these incentives for us to take early retirement, and I took one. Now it looks like my fixed income wasn't so fixed."

She estimated that her monthly payment would be cut in half if the pension is terminated in a bankruptcy. She has started looking for jobs around her home in Troy, Mich., but said there are not many to find.

"I feel like I've been caught in a storm," she said.

Autoblog:

Automakers had until July 1st to plead their case to the NHTSA overlords before the government agency set off to finalize the 2011-2015 CAFE standards. After hearing comments from Detroit automakers, Toyota, Daimler, and others, it seems that the new standards are going to have a sweeping effect on both consumers and auto industry employees. The Auto Alliance states that the cuts would hasten the exit of 82,000 jobs, cost $29 billion for consumers, and raise the cost of your favorite truck by $4,000 or more. The added cost of vehicles will also cut annual production by up to 850k units industry-wide.

Buy that? Me neither. Especially since the Bush administration has hidden the benefits of emission regulations, saving the country $2 TRILLION.

Of course, we could go the automakers' way...keep producing an inefficient engine requiring a diminishing resource for fuel and allow other countries to continue to beat us in technology and sales.

I wrote about how the EPA denied a waiver to the state of California so that they could enforce stricter emission controls, so the state sued. Now Sen. Barbara Boxer wants the EPA to explain why they've denied the waiver for the first time in 32 years. And just like every other department in the federal government, they've effectively decided that the legislative branch has no right to oversight and claimed executive privilege in refusing to release the information to Boxer.

Invoking executive privilege, the U.S. Environmental Protection Agency refused to provide lawmakers Friday with a full explanation of why it rejected California's greenhouse gas regulations.

The EPA informed Sen. Barbara Boxer, D-Calif., that many of the documents she had requested contained internal deliberations or attorney-client communications that would not be shared with Congress.

"EPA is concerned about the chilling effect that would occur if agency employees believed their frank and honest opinions and analysis expressed as part of assessing California's waiver request were to be disclosed in a broad setting," EPA Associate Administrator Christopher Bliley wrote.

More than a week after a deadline set by Boxer, the agency gave the Senate Environment and Public Works Committee, which she chairs, a box of papers with large portions of the relevant documents deleted, Boxer said. The documents omitted key details, including a presentation that, according to Senate aides, predicted EPA would lose a lawsuit if it was taken to court for denying California's waiver.

The refusal to provide a full explanation is the latest twist in a congressional investigation into why the EPA denied California permission to impose what would have been the country's toughest greenhouse gas standards on cars, trucks and sport utility vehicles.

Update: Guess who met with automakers just before the EPA denied the waiver. Coincidence, non?

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The auto bailout plan is on its way to the White House, as House Speaker Nancy Pelosi explained today at her press conference:

Pelosi: We are, as you know, for the past few days, in conversation about how we go forward with a package for the auto industry that produces at the end of the day -- and that means, very soon -- a viable industry for our country. It is an industry that is important to our economy, to our industrial base. There are workforce concerns that again are important to our country. And we want to be able to review the performance of the auto companies as we go forth.

In order to do that, it's important for us to pass legislation that will set criteria for restructuring and reorganization of that industry and the companies within it.

Pelosi then hands off the mike to Rep. Barney Frank, D-Mass., the architect of the bill. Frank makes clear that the ball is now firmly in George W. Bush's court. Whaddya think the chances are he'll blow it?

MSNBC has more details on the bailout plan.