Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the WH

http://www.foxnews.com/ ^

[kcvl]

Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the White House.

[jersey117]

we crossed the line from a socialist country last month to a communist dictatorship on this black Sunday.

It is indeed a sad day in America.

[PGalt]

Unfrikkenbelievable!

[Positive]

He’s been taking a $1 salary for this year...Maybe Oreobama can find someone cheaper...

[TMA62]

“....This is fascism.”

(Yes.)
___________________________________________________________

And this is exactly how all of us including republicans need to call Hussein and his ilk. FASCISTS.

Now firing and hiring people in the private sector.....coming to your business soon.

The people will not stand for this. Mark my words.

[mojitojoe]

Il Douchebag POSPOTUS, the dictator of the world wannabe, a busy little beaver the past 2 months isn’t he?

[FocusNexus]

“Dictators kicking out CEOs and replacing them with the “right” people is quite normal in dictatorships.

When it happens here, it tells me that we crossed the line from a socialist country last month to a communist dictatorship on this black Sunday.”

You are correct, unfortunately.

Obama also told the bank CEO-s that “bonuses are not acceptable”. This is the end of private enterprise as we know it — Obama decides how much corporate executives can make, he can replace them at will, and don’t forget the powers Obama’s treasure sec, (actually Obama) is seeking to be able to seize any private corporation at will, “to help the economy”, but the decision is theirs.

China is freer than the US is about to become.

Obama: I told bankers bonuses ‘not acceptable’

http://www.reuters.com/article/fundsFundsNews/idUSN2930480520090329

[Positive]

$1 salary for this year...

[Positive]

$1 salary for this year...

[NavVet]

So let me see, if you’re in charge and getting money from the government and screwing things up, you gotta go.

I wonder who else in Washington we might apply this standard to.

[Incorrigible]

I was going to raise my reply in protest but now that you explain the source of that abomination, I have to agree with Obama, get rid of this guy!

[FreeReign]

Oh, Happy Days are here again.... Oh, HAPPY days are HERE again, Oh Happy days are here again..... This goof has destroyed the most powerful auto company in the world. He was NEVER qualified to run GM. Don't let the door hit you on the way out, Wagoner!

It certainly may be a good thing that Wagoner is leaving, but it is never a good thing when the federal government starts hiring and firing anybody in the private sector.

[RayChuang88]

The Buick name may survive, but only on models sold in China.

[Positive]

Good points truthguy...and don't forget, Wagonner was taking a $1 salary for this year...

Will the new CEO work for less???

[FreeReign]

For those who are too giddygleeful to see the forest for the trees and the ramifications for Joe Sixpack, the story here is not about Wagoner or the Big 3: "THE BOSS: [XYZ] DEMANDS GM CEO [insert small, medium, or large corporation CEO, or business owner-operator, or LLC holder, including yourself if the hat fits, of choice] RESIGN" "There but for the Grace of God there go. . . ." Think. Just think.

Yup.

[melancholy]

You are correct, unfortunately.

I pray I'm wrong and that businesses and people will vigorously oppose him before the intimidation sets in. If it sets in, you can kiss the whole country good bye.

The bankrupt corrupt MSM will never mind, they are already singing his praises and by tomorrow, how firm and brave he is!

0bama and his communist trailers agree with the world diehard communist who never forgave the US for the USSR collapse. They are out for revenge en masse.

[melancholy]

Who died and made Obama a king?

I hope and pray it ain't the country.

[mojitojoe]

Obama is fast becoming a dictator
___________
He's a puppet controlled by Pelosi, dead fish Rahm, Soros and others. He's just the voice that reads the teleprompter. All he knows how to do is follow directions!
We can no longer call just the DUmmies sheep. We must fess up and admit that the U.S.majority are all sheep. Lots of talk, but no action. We are just ants to the government, their slave labor. We work, they take more and more of our money and spend it on whatever they want. As long as we are so willing to comply, there is no hope for this country.
Now they are trying to put govt. in control of every aspect of our lives. Medical, power, food, private businesses and nobody is doing anything but having a few tea parties here and there. The government no longer works for us. We work for them, and oh boy do we work for them. It reaches a point where you either rise up or give up and get out.
We are taxed to death and it gets worse each year. At what point do we say enough is enough? I think it's always good to have a plan in case you need it and decide you won't stay here or need to get out. I honestly believe that the only thing that could save us now is a revolution or a military coup kicking them all out including the federal Reserve, the most corrupt company in the entire world. I don't think either will happen, American's now just do not have the stomach for it. So if the choice has to be made to leave or stay and be under a dictatorship of a corrupt government, I think many will choose and are choosing to leave for greener pastures. It doesn't mean you don't love your country, it simply means you despise what is running it and refuse to live your life supporting their corrupt adventures.

Panama- check it out. Check out the taxes, health care, banking, benefits for retirees(you don't have to be US retirement age to get these benefits), Constitutional Democracy.

http://www.businesspanama.com/about_panama/glance.php

http://www.internationalliving.com/Countries/Panama

http://www.youtube.com/watch?v=ohzPtogDaXw

[Positive]

"Well, .....when you TAKE money from the Government...the Government controls you....maybe this is a lesson more need to learn. I just wish they’d learn it NOW."

On the other hand we could continue to let the government TAKE our money and control us!!!

Mox Nix...

[mojitojoe]

Well, .....when you TAKE money from the Government...the Government controls you....maybe this is a lesson more need to learn. I just wish they’d learn it NOW.
_____________
I’ve never taken a single damn cent from the govt. NEVER! and I am damn sick and tired of being taxed to f’ing death to support their corruption and BS! I’m really pissed off tonight.

[FreeReign]

Running any manufacturing company in the US is almost an impossible job these days. Almost all the car companies are doing poorly. The great majority of manufacturing companies are doing poorly. It's the environment that's not conducive to manufacturing in general. It's the government, the unions, the MSM and the like.

Ain't it the truth. And it's damn ironic that it's the government, which is the primary cause of the problem, that is doing the firing (and hiring).

Unbelievable, really.