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To: The Loan Arranger
Charlie Wilson's claim that what's good for General Motors is good for America

A really bad misquote. He never said that.

2 posted on 02/28/2005 12:14:55 AM PST by GeronL (Condi will not be mistaken for a cleaning lady)
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To: GeronL
Thanks for pointing that out. After a quick search I found this here.

Actually that's NOT what Engine Charlie Wilson, GM president from 1941-1953, said. Wilson left GM to accept President Dwight D. Eisenhower's appointment as secretary of defense. At his Senate confirmation hearing, Wilson said: "For years, I thought what was good for our country was good for General Motors -- and vice versa."

4 posted on 02/28/2005 12:18:25 AM PST by Textide
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To: GeronL
The slate linked to the SecDef website that gave some background to the dispute.

"Wilson's nomination sparked a major controversy during his confirmation hearings before the Senate Armed Services Committee, specifically over his large stockholdings in General Motors. Reluctant to sell the stock, valued at more than$2.5 million, Wilson agreed to do so under committee pressure. During the hearings, when asked if as secretary of defense he could make a decision adverse to the interests of General Motors, Wilson answered affirmatively but added that he could not conceive of such a situation "because for years I thought what was good for the country was good for General Motors and vice versa." Later this statement was often garbled when quoted, suggesting that Wilson had said simply, "What's good for General Motors is good for the country." Although finally approved by a Senate vote of 77 to 6, Wilson began his duties in the Pentagon with his standing somewhat diminished by the confirmation debate."
18 posted on 02/28/2005 12:31:24 AM PST by endthematrix (Declare 2005 as the year the battle for freedom from tax slavery!)
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To: GeronL
Charlie Wilson's claim that what's good for General Motors is good for America

Always believe the media because the media is only wrong in areas where you know the facts!!


32 posted on 02/28/2005 12:45:00 AM PST by Common Tator
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