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U.S. Plans Key Role In Naming GM Board
Washington Post ^ | 4/1/09 | Peter Whoriskey and Kendra Marr

Posted on 04/01/2009 3:49:03 PM PDT by Nachum

The Obama administration will play a key role in reshaping General Motors' board of directors over the next six months, potentially giving it even greater control in the management of the storied American manufacturer.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: boycottgm; generalmotors; key; obama; plans; role
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1 posted on 04/01/2009 3:49:04 PM PDT by Nachum
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To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...

The List, ping


2 posted on 04/01/2009 3:49:26 PM PDT by Nachum (the complete list at www.nachumlist.com)
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To: Nachum

Communism.

and Bankruptcy won’t be the normal way. Obama will guide that too.


3 posted on 04/01/2009 3:50:00 PM PDT by GeronL (http://tyrannysentinel.blogspot.com)
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To: Nachum

Welcome to North Korea.


4 posted on 04/01/2009 3:50:02 PM PDT by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristoferrson VIVA LA REVOLUTION!)
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To: Nachum

You can bet everything you have two of, that this board will be union-pandering, Obama-bowing, slobbering leftists.

It will be fun watching them turn out unmarketable golf carts.


5 posted on 04/01/2009 3:50:52 PM PDT by EagleUSA
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To: Nachum

Who wants to bet Obama puts a bunch of “green” activists and union thugs on the board of GM.


6 posted on 04/01/2009 3:50:59 PM PDT by St. Louis Conservative
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To: GeronL

Economic fascism, actually. Government control of the means of production.


7 posted on 04/01/2009 3:51:12 PM PDT by patton (If Hawai'i seccedes, is Barack Obama still an illegal alien?)
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To: Nachum

Government Motors isn’t going to accept competition for very long. Ford and Toyota need to watch their backs.


8 posted on 04/01/2009 3:51:14 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: Nachum
The Obama administration will do no such thing.Unless the Obama administration are GM shareholders.

Shape the board? you got the shares , then you gots the vote.

I would rather China buy the better pieces of GM than see GM 's board shaped by a bunch of South Chicago Unionist thugs.

9 posted on 04/01/2009 3:52:36 PM PDT by Candor7 (The weapons of choice against fascism are ridicule, and derision. (member NRA)
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To: Nachum

Who are your picks?

I nominate Mike Moore-on.


10 posted on 04/01/2009 3:53:28 PM PDT by dynachrome (Barack Hussein Obama yunikku khinaaziir)
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To: Nachum

Banks, cars...Oil next...If Europe can do it so can we!


11 posted on 04/01/2009 3:54:07 PM PDT by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
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Comment #12 Removed by Moderator

To: Nachum

Perks for campaign donors. Once they sit on GM’s board, how many other boards will they be invited to join by fearful corporations? And, nice pay for 4-6 meetings a year. Then, once he controls the board, he can start putting more buddies into upper management.


13 posted on 04/01/2009 3:57:54 PM PDT by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
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To: Nachum
How does Ford compete with a Government run and subsidized competitor? If the consumers move to Ford products Obama will use the Government's purchasing power to give GM preferred status. The only way out of this is for GM to say no thanks to future payouts and enter bankruptcy. Otherwise the auto industry is doomed to be completely owned and operated by the Government and Union thugs.
14 posted on 04/01/2009 3:59:04 PM PDT by Ben Mugged ("You cannot legislate the poor into freedom by legislating the wealthy out of freedom".)
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To: Nachum

The Board should have declared chap 11 last summer. Now its boycott time ! Boycott Government Motors Corpse and their forthcoming Geo products.


15 posted on 04/01/2009 3:59:23 PM PDT by omega4179 (Government Motor Corpse)
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To: Candor7

Time for a shareholders’ derivative suit, once the board is seated.


16 posted on 04/01/2009 3:59:29 PM PDT by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
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To: Nachum
The Kenyan Clown is destroying our economic system, our social fabric, and our military.

At least maybe some of the Congress will begin to realize just how dangerous he is, and put the brakes on the Kenyan Clown's mad dive into marxism.

17 posted on 04/01/2009 3:59:49 PM PDT by snowsislander (NRA -- join today! 1-877-NRA-2000)
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To: dynachrome
"I nominate Mike Moore-on"

I so hope you're right.

Add Professor Corey to the mix and my life will be complete.

Hell, let's nominate this guy too.


18 posted on 04/01/2009 4:00:06 PM PDT by billorites (freepo ergo sum)
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To: omega4179
Too late for a boycott. If GM sales are below Ford's, Obama will simply give GM preference in Government contracts. Sort of “level the field”.
19 posted on 04/01/2009 4:01:23 PM PDT by Ben Mugged ("You cannot legislate the poor into freedom by legislating the wealthy out of freedom".)
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To: billorites

Yer right, I forgot ol’ Ralphie was still around. I think the professor is dead, RIP


20 posted on 04/01/2009 4:02:29 PM PDT by dynachrome (Barack Hussein Obama yunikku khinaaziir)
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