IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- What Place Do 'Czars' Have In Free America?

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- What Place Do 'Czars' Have In Free America?: "The Obama administration brags that 'Cash for Clunkers' was a success because it revived the suffering auto industry. But who really benefited from this $3 billion program? Most cars bought with taxpayer-paid incentives of $3,500 to $4,500 each were foreign cars. Toyota and Honda were the big winners.

For years, Americans have been pursuing the goal of self-sufficiency in oil, a natural resource essential to our standard of living. But the effort to get our government to revoke its ban on drilling for oil in American waters off of our shores has been consistently checkmated by the liberals and radical environmentalists.

Now we hear that the Obama administration is letting the U.S. Export-Import Bank lend $2 billion to Brazil's state-owned oil company, Petrobras, to drill for oil in the ocean near Rio de Janeiro. Why Brazil, and why not 'drill, baby, drill' in U.S. waters?"