Posted on 03/29/2009 2:12:11 PM PDT by kcvl
Edited on 03/29/2009 4:22:35 PM PDT by Admin Moderator. [history]
Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the White House.
Auric Gettelfinger
I’ll believe it when I see it.
The Union is unwilling to bend and Zero owes them.
It is very telling to read the comments posted after this article at Yahoo. Americans are getting the picture very fast now. Obama is quickly loosing much of the sheeple support. Too bad they didn’t listen to us before Nov. 2007.
Only bankers keep their jobs in the new USA.
If the White House can do this, what’s next?
We’re starting down a road that leads to a very bad place.
The Union is unwilling to bend and Zero owes them.....”
Wrong!
The unions own 0bama!
Had a race between two Commie cars, a Ford of similar style (or target market/price) etc, and a dog. The Ford won, the dog came in second, and the Commie cars well, never saw them cross the finish line. I don't think they wanted to waste that much film.
GM = Government Made. Very appropriate.
I've bought my last GM (7 years ago)
OK, but do you really want the President of the United States firing CEO’s?
I agree. I was reading posts here and thought wasn’t this a conservative site once? Is it Acorn’s site now? This is BS and way toooooo much power for Obama.
Shame on them for taking Tax money. They should have known the consequences.
WASHINGTON (AP) -- The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.
President Barack Obama and his top advisers have determined that neither company is viable and that taxpayers will not spend untold billions more to keep the pair of automakers open forever. In a last-ditch effort, the administration gave each company a brief deadline to try one last time to convince Washington it is worth saving, said senior administration officials who spoke on the condition of anonymity to more bluntly discuss the decision.
Obama was set to make the announcement at 11 a.m. Monday in the White House's foyer.
Whenever they say they won’t resign, they all seem to do so anyway.
Buy Japanese. At least that way you’re not contributing to the UAW.
“Referring to a meeting Friday at the White House with the chief executives of banks that have received U.S. government bailout funds, Obama said bankers need to show some restraint from big bonuses during the financial crisis.”
It seems that Zero may have learned a little bit about “public outrage” from the AIG mess. The article is pretty clear - these are banks that received OUR tax dollars as a bail-out - so he’s finally doing something right. For now.
Wagoner’s apparent successor, COO Fritz Henderson, wasn’t warmly received....http://www.marketwatch.com/news/story/us-stock-futures-slump-gm/story.aspx?guid={8CFDA10D-CDB5-4694-807B-E247DC887527}&siteid=yahoomy
That would be enough for me to say goodbye... I want faster cars...
Since the government is getting a bailout, in the form of a tax increase, I think that the CEO (0bama) should resign.
ROTFLMAO!!!!
Can we get any more cowardly? Geez...
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