Posted on 03/31/2009 5:01:58 PM PDT by RobinMasters
The man now running General Motors after Barack Obama demanded the resignation of former CEO Rick Wagoner wants to thank America for all the cash. Really, he does. Fritz Henderson just doesn’t think it will help, and wants to declare bankruptcy — as conservatives suggested before we spent $14 billion to prop them up:
(Excerpt) Read more at hotair.com ...
Why couldn’t they have come to this understanding before we the people loaned the auto companies what amounted to 5-10X their market cap?
Barky always wanted to run a large corporation.
David Horowitz warned about Obama derangement syndrome, but this idiot-president is so inept, it is hard to avoid blowing one's top.
Thank you.
The war on terror is now the US gubmint vs The American People, so far, they seem to be winning.
Well... maybe Bammy wanted to BK GM, but Wagoner wouldn’t play ball. Thus, the change.
Reorganize under bankruptcy protection, fire everyone in management, fire every damn union employee, sell off whatever they can sell other than their best plants, rehire nonunion hardworking Americans at decent wages and rebuild from the ground up. Oh, yeah, and fire Obama!!
Nicely put thank you!
Jim Cramer said it this morning on the Today show:
The plan is to declare bankruptcy, screw the bond holders, and not renegotiate the union contracts.
How long before we are required to purchase the “People’s Car” and plug it in to one of Obambi’s new transmission line. Oh well, we get a Gubmint backed warranty... I guess Rahm is going to dictate the amount a dealer can charge for service.
Maybe we just need to establish a party that is made of up entirely of natural born citizens. Of course any veteran that has served in combat can be part of the party as well.
But it seems that maybe it is only the people that were actually born here and/or served this country by putting their life on the line actually understand what is the right thin to do!
Horowitz was wrong on that one.
Dear Norraad,
Your money? What you mean? See all them bills in your wallet? What they got on ‘em? Yeah, “Federal Reserve Note”. Not “Norraad’s Note”, “Federal Reserve Note”. It’s the government’s money and don’t you forget it! We only let you keep it because we are feelin’ good today!
Oh, you ain’t got any bills left in your wallet now? Life’s tough.
With Warmest Regards,
Barack
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