Obama fired his first CEO...scary stuff folks. And much more to come.
Chancellor Barack Obama heads the United Socialist States of America ... Maybe he can “fire” some of the lib TV commentators.
The board of GM was elected to do this job - not Obama.
This is government intervention at the most frightening level.
O wonder if Obama will fire Rick Williams oif NC doesn’t get the championship.
He already threatened him, didn’t he?
Taxes can be aimed at specific industries (tobacco taxes just went up) or at individuals who work for specific companies (AIG bonuses). Don't get out of line, or you will pay. Likewise, companies that are pleasing to the Central planning Committee will receive taxpayer funds in vast quantities.
Our economic system is pure Fascism now. Businessmen who still feel like they are in charge of their business are fooling themselves. The government is simply choosing to let you feel that way. For now.
Here's how Hitler's Germans did it - the first groups they took down weren't that popular anyhow - and by the time they got to "you" there was no one left to defend. I assume this man's not that popular - he's an easy target. What will be the excuse for the next takedown?
Chairman Mao said, “A journey of a thousand miles begins with just one step.”
Well, America, do you hear the step drawing closer?
Listen VERY carefully, they will get LOUDER, soon.
Here's how Hitler's Germans did it - the first groups they took down weren't that popular anyhow - and by the time they got to "you" there was no one left to defend. I assume this man's not that popular - he's an easy target. What will be the excuse for the next takedown?
If David Broder of the Washington Post hasn't found his knee pads yet, he needs to look into this...
HMMMMM, and he didn’t fire the UAW boss who negotiated GM into failing along with the CEO!
Unfrickenreal. GM’s problem is that it is controlled by union goons. I hope Waggoner speaks out about this.
ping
Frightening, to say the least. A government that has no qualms about meddling in private corporations will have no compunction against even more meddling in the lives and affairs of the people.
It’s time to take back the country.
If you take the king’s money...............you do the kings bidding....
Obama thinks He’s Donald Trump - you’re fired!
The vehicles that SELL!
Yet the tax increases will still be levied.
Having the Obama people as your partner with taxpayer money is like the restaurant owner in Goodfellas who wanted Paulie to be his partner. They will wipe out the shareholders and debt holders and then put their own stooges in to run the company and eventually destroy it. At least with Chapter 11 GM would have had a chance.
Really going out on a limb here, considering we have had one for almost one-hundred years....
But it's got to be one that's realistically designed to weather this storm and to emerge -- at the other end -- much more lean, mean and competitive than it currently is," he said.
And just what does the light-weight Obama know about running a large-scale industry like car manufacturing? While Wagoner's performance the last eight years speaks for itself, it's dangerous for the government to have the power to oust the CEO of a privately held company. That's up to the shareholders.
During the height of the bailout fiasco, I had posted that if you take the money,your company is at the whim of the government.I had no problem with government setting the agenda if you took funds.Seeing what has happened, I would like to reverse my position. Foolishly I believed that the government would be passive in “investing” in these troubled companies. I’m no expert on the Big Three and I don’t think Wagoner has done a good job by any means, but this is ridiculous.