GM CEO resigns — at Obama’s behest
posted at 6:18 pm on March 29, 2009 by Allahpundit
If you want taxpayer money, you’re going to have to do things The One’s way. And if you don’t want taxpayer money, TurboTax Tim might swoop in and make sure you do things The One’s way anyway.
The era of economic Hopenchange has officially begun.
Wagoner’s departure is one of the remarkable strings attached to a new aid package the administration plans to offer GM.
The White House confirmed Wagoner was leaving at the government’s behest after The Associated Press reported his immediate departure, without giving a reason…
Industry sources had said the White House planned very tough medicine, which turned out to be an understatement. And it went to the very top. The measures to be imposed by the government will have a dramatic effect on workers, unions, suppliers, retirees and the communities where plants are located, the sources said.
Oddly enough, when Rasmussen polled the public in December, only 14 percent thought a GM run by the feds would outperform a GM run by the private sector. Exit question: Ever get the feeling that Obama’s not quite the centrist pragmatist Christopher Buckley thought he’d be?
Blowback
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“Piss Christ.”
Jim Treacher on March 30, 2009 at 8:07 AM
Thank you, Stevie Wonder.
Jim Treacher on March 30, 2009 at 8:08 AM
Comrade, I get the feeling that you are not falling line quickly enough. Perhaps a small vacation to our B&Bs in Siberia will help clear your mind.
Physics Geek on March 30, 2009 at 8:24 AM
http://sports.espn.go.com/outdoors/hunting/news/story?id=4021404
Concerns over what the election of Barack Obama portends for gun owners is the main cause for the inflated demand for ammunition. In fact, since last November’s election ammunition has been flying off store shelves faster than you can say “microstamping,” with sales increases topping 100 percent in many areas. Gun sales ramped up by 42 percent last November, but have cooled off slightly since. From Election Day to now, the monthly sales average for firearms has been about 29 percent higher than normal. February sales tailed off a bit, to slightly more than 23 percent over average, according to sales figures compiled by the National Shooting Sports Foundation (NSSF).
No wonder people are removing the Obama stickers off their cars, while denying their devotion to their King. Millions of us “gun owners” will not give up on American traditions, freedom, and liberty. What we are seeing in DC is “above the laws” that govern the rest of us. The Bill of Rights and the Constitution were written for us, the people.
Keemo on March 30, 2009 at 8:46 AM
Its the simple difference between GM (General Motors)run as a business building the cars Americans want to buy (trucks & SUVs)and GM (Government Motors)as a union run government supported venture building cars the Obama administration wants Americans to buy (Green cars)
.
philly_nj on March 30, 2009 at 8:49 AM
A CULTURE OF UNDERACHIEVEMENT IN BRITAIN: “The study, published in the Sociological Review, shows how difficult it is for children, particularly boys, to be clever and popular. Boys risk being assaulted in some schools for being high-achievers. To conform and escape alienation, clever boys told researchers they may ‘try to fall behind’ or ‘dumb down’.”
Real title of this story “THE CREATION OF LIBERALS” through the public school system.
Keemo on March 30, 2009 at 8:50 AM
The William Ayer’s Memorial Community Re-education Center??? I hear their slogan is…. “A facility dedicated to the
eliminationre-education of 25 million conservative Americans”.doriangrey on March 30, 2009 at 8:50 AM
It’s actually more simple than that right now. No one is buying any vehicles right now. If our stupid freaking government would quit scaring the $hit out of people, things WILL improve. If the government would just sit on their thumbs with their colletive mouths taped shut, things would be fine!
Will GM or Chrysler ever be fine? I really don’t know. Because of their commitments to the unions and pensions, they’ve been skating on THIN ICE for a long, long time. Prior to this economic freefall, they’ve been able to out-run the boogeyman.
Is Ford any better off? I don’t really know. I suspect they had the foresight to see the writing on the wall about government intervention. Thankfully they were nimble enough to go it alone.
I used to work in the automotive industry in Quality no less. It takes 3 months for them to decide they want to change their mind. It takes a l.o.n.g time for them to come to a decision, plan for it, TEST PRODUCTS, etc. It takes YEARS to launch a new products. YEARS. Also, suppliers for each component and sub-assembly into the cars – it takes them years to test too. If Obama and Congress think Detroit can radically change their line up on a dime, it’s just one more example that they don’t know what they’re talking about.
I’m telling you all right now – I’m driving a Honda and perhaps my next vehicle MIGHT BE a Ford when/if I ever feel confident enough to buy another vehicle. But I won’t buy some little electric car. I want a car company that say’s “F-you” to the government and says “We’ll build what the people want.”
Oink on March 30, 2009 at 8:59 AM
TOTUS has spoken.
NoFanofLibs on March 30, 2009 at 9:01 AM
I anxiously await the new model lineup from GM:
Chevy Barrack
Buick Hope
Cadillac Change
GMC Ayres
angryed on March 30, 2009 at 9:07 AM
The WH has also announced that it doesn’t believe GM and Chrysler are “viable” and so are not getting more gov’t money at this time.
Is this a prelude to a gov’t takeover of those companies? Or will they be allowed to go bankrupt?
Maybe this provides a clue: “Feds to take hands-on role in GM, Chrysler restructuring”
So, if you sell cars, and were complaining about AIG bonuses, hold on to yer wallet. What goes around may be coming around. I’d say Congress will be micromanaging dealerships withing 10 months.
hawksruleva on March 30, 2009 at 9:07 AM
So Obama is going to force GM from selling SUVs and many cars with prices that are elevated due to the UAW to selling expensive electric cars that no one wants.
Great greenie-weenie government plan… on our nickel.
TexasJew on March 30, 2009 at 9:12 AM
Be the first in your neighborhood to own one of the new line of GM cars:
Utopia Sportster
BarryWagen
Barney Dragster
Ted K Car/Floater
Yugosaurus
Sweet_Thang on March 30, 2009 at 9:13 AM
Here’s what I posted over at Michelles. I stand by it!:
Old Country Boy on March 30, 2009 at 9:13 AM
THE One with no executive experience is now the CEO of the USA plus CEO of dozens of corporations.
eea on March 30, 2009 at 9:16 AM
While I still can’t quite yet see Russia from my house, I have a spendid view of Venezuela. When is Team Chicago Jesus passing out the Berets (Mickey Mouse Ears)??
HOPE AND CHANGEROPE AND CHAINS!!!Dire Straits on March 30, 2009 at 9:21 AM
Let me list the consequences of insolvency and liquidation
1 Tata buys them and they go non union.
a 20,000 suits moved to India
b 80,000 laid off and unwemployed plus loss of 300,000 supplier jobs
c Loss of pensions and retirement health insurance. requirs 40 billion of federal dollars to replace
2 Loss of jobs and more imports make up difference. That means more foreign built labor in cars
3 Obama does keep his promise of going green. If you stop buying cars, you will stop driving and burning gas.
seven on March 30, 2009 at 9:22 AM
How long will it take before the gov’t forces GM to stop making trucks and SUV’s? The ONLY cars people want to buy from them?
anniekc on March 30, 2009 at 9:24 AM
Celebrity Apprentice to GM CEO: You’re Fired
faraway on March 30, 2009 at 9:25 AM
Dire Straits on March 30, 2009 at 9:21 AM
“Rope and Chains”
Very funny!
anniekc on March 30, 2009 at 9:25 AM
with the government in charge GM will only survive by massive subsidies.
Remember the good old days when corporate welfare meant a break on the confiscatory taxes?
darktood on March 30, 2009 at 9:25 AM
I’d be okay with this if the filthy thug also forced out the UAW President who has steadfastly refused to give concessions, knowing full well that the union would be protected by criminals like Obama.
highhopes on March 30, 2009 at 9:27 AM
Rev. Wright is being put in charge of marketing. GM cars will be available in every color but white.
Mr Snuggle Bunny on March 30, 2009 at 9:28 AM
I know the bandwagon is really long on this one but I had to throw in my 2 cents… when does the revolution begin? When do people wake up and realize that the Constitution is being SHREDDED by these thugs in Washington? When are we going to do something about this COMMUNIST behavior? None of these jerks have read or want to read, the Constitution. They are slowly overthrowing OUR government and destroying OUR freedoms and way of life. WAKE UP!!!
HomeoftheBrave on March 30, 2009 at 9:29 AM
Look to Wall Street to find out where the money flows to. It lands on Obama’s doorstep just as it landed on Bush’s. The executive branch is almost totally under the control of the Federal Reserve.
True_King on March 30, 2009 at 9:33 AM
This firing is as rife with symbolism as anything Duh1 has done, and tells the world where we’re headed:
A marxist president firing the capitalist/CEO of what was once the largest company in the world. The UAW gets a red big star for helping to bring down this behomoth. Way to go, komrades.
We’re so scr*wed!
Sweet_Thang on March 30, 2009 at 9:34 AM
Will you promise to let us know when it’s acceptable to criticize the government, then? Or will there be a government agency that notifies us when we’re allowed to do so? If the public complains about something, are we required to quietly accept anything Obama does about it, no matter what he does? Of course, we have the patriotic example of New York liberals to follow. They complained that something needed to be done about terrorism after 9/11, and were then quietly supportive of everything George Bush did in response to those complaints.
Do you seriously believe one of the reasons this CEO was fired was his inability to make tough deals with the UAW?
Thus far, we haven’t seen any indication they intend to relax their demands for exorbitant pay and benefits. If they do, it will be because they realize they need to pull back a bit, before they kill the goose that lays their golden eggs. Actually, they already killed the goose that lays those eggs, and the government is trying to re-animate it with huge infusions of taxpayer cash.
You might be right that this particular CEO deserved to go, but that is a decision that should be made by stockholders and market forces – if GM’s management makes bad decisions, then GM and its shareholders should suffer the consequences, and ultimately go out of business if their business model proves unsustainable. Placing such decisions in the hands of politicians puts them entirely outside the range of market forces – any given CEO of a government-controlled company will stay, or go, entirely at the whim of politicians, and the complaints you think we should stifle are the only influence we have over them.
“DLTDHHITA on the way out?” Where are we supposed to go, and when did leaving the country become a requirement for disagreeing with its political leadership? Where would the socialists get their tax money if we left?
Doctor Zero on March 30, 2009 at 9:42 AM
I must study organizing and demonstrating, so that my son can play Golf and go to Nascar races.
DTMH, you really are ridiculous. To come here and say that even the slightest hint of people that protest on the left are your average Americans is dishonest at best. Check out Zombie’s blog if you want a look at your average leftist Americans that protest.
What a piece of work you are.
ManInBlack on March 30, 2009 at 9:48 AM
When will we be detained and re-educated at ogabe’s behest?? This year, next year, & only the crackers with blue eyes?
Ris4victory on March 30, 2009 at 9:49 AM
More accountability please President Obama.
Fire all those who took our money.
Thanks.
getalife on March 30, 2009 at 9:56 AM
Perhaps…..
Last week: Duke basketball coach says Obama should stop worrying about basketball and fix the economy.
This week. Wagoner, a former DUKE BASEKETBALL PLAYER thrown under the bus….
flyoverland on March 30, 2009 at 9:59 AM
Apparently this firing was needed ASAP; What with the market finishing up last week, Barry needed to get back to his OTHER goal of destroying all of America’s wealth.
anniekc on March 30, 2009 at 10:00 AM
Broken record.
Obama is taking our money RIGHT now, how about some accountability for him?
No?
Didn’t think so.
ManInBlack on March 30, 2009 at 10:03 AM
More accountability for those taking our money?
Who feeds you this stuff? You absolutely can not be doing this on your own.
ORconservative on March 30, 2009 at 10:06 AM
Exactly. This will sure come in handy when the UN’s NWO takes over all means of production…sarc/.
canditaylor68 on March 30, 2009 at 10:07 AM
ManInBlack on March 30, 2009 at 10:03 AM
2012 election.
getalife on March 30, 2009 at 10:07 AM
http://www.youtube.com/watch?v=SGjXmmV9JYY
RealDemocrat on March 30, 2009 at 10:07 AM
Funny, only the cons think this CEO is the victim and blame the American workers.
And you wonder why you keep losing.
getalife on March 30, 2009 at 10:09 AM
Why isnt the head of the UAW being asked to step down?
canditaylor68 on March 30, 2009 at 10:15 AM
Who said the CEO was the victim?
“victim” is the language of the left, fool. There is no victim in this situation.
ORconservative on March 30, 2009 at 10:16 AM
The Dems need the union vote to secure their lifetime of power. The idiots on Wall Street and the CEO’s will vote Dem no matter what.
The union however will not and the WH knows it. This is all a game. And just read getaclue’s comments, the WH is winning.
God help America.
ORconservative on March 30, 2009 at 10:18 AM
To the Obama electorate, here’s the change you were hoping for:
http://iowahawk.typepad.com/iowahawk/2008/11/lemon.html
One of my favorite Iowahawk posts.
Sweet_Thang on March 30, 2009 at 10:19 AM
Enough ammo on the shelves here at the present. But, then again, this is huntin’ country, far away from any city. Everybody pretty much had what they needed, but got a little more, just in case.
I expect the sales of guns and ammo will start to return toward normal levels. Those who have been alert have reacted. Those who haven’t made purchases probably won’t, and probably wouldn’t in any situation.
Obama sure drove that buying spree. How many do you suspect don’t even have a clue about what might be down the road?
Anagram for Obama:
OBAMA >>>> A A MOB
Yoop on March 30, 2009 at 10:28 AM
You will buy the new GM Car(s)
American Made– Goverment Made.Badbrucskie on March 30, 2009 at 10:33 AM
How soon till B.O. puts the neighborhood Mr. Softee vendor
out of business because sugar-loaded soft serve makes the kiddies too fat???
Or……..
How long will it take to subsidize electric powered Veggie vendors to come into our neighborhoods dealing in carrots and Tofuti???
Schmo on March 30, 2009 at 10:41 AM
So there should be any consequences for the automakers going to the government for a bailout?
The government should just give the money, no strings attached?
If GM and Chrysler had gone to an private company for a loan of this magnitude, would it be within that company’s rights to demand the CEO step down as a condition of the loan? Or are we just reflexively objecting because it’s a Decomcratic administration making said demands?
Mal Carne on March 30, 2009 at 10:45 AM
It is the government acting as the board of directors? How is it difficult for people to see that this is socialism?
ORconservative on March 30, 2009 at 10:51 AM
ARE YOU ABSOLUTELY OUT OF YOUR MIND?
Since when does the government have any right whatsoever to determine who runs our companies unless they are involved in criminal activity?
GM is run by shareholders not by somebody who has NO private sector expierence at all. This looks like a favor for Gettlefinger who runs the UAW.
Even though I believe that GM may have outlived it’s usefulness, by allowing the Union to have too much power,It is not the governments place to do this.
UNREPENTANT CONSERVATIVE CAPITOLIST on March 30, 2009 at 10:52 AM
seven on March 30, 2009 at 9:22 AM
And how does any of that differ from the case where the govt takes over these companies and then drives them into the ground.
At least with bankruptcy, no tax money will be wasted.
MarkTheGreat on March 30, 2009 at 10:54 AM
Who said the CEO was the victim?
There is noCapitalism is victim in this situation.ORconservative on March 30, 2009 at 10:16 AM
FIFY
canditaylor68 on March 30, 2009 at 10:58 AM
Did that last weekend, and was pleasantly surprised to see what GM’s union labor could build. The only shame is that the car was from their shuttered Oldsmobile division.
sethstorm on March 30, 2009 at 11:04 AM
-
RalphyBoy on March 30, 2009 at 11:15 AM
Take off your tin foil hats cons.
Government is not running GM.
Geez.
getalife on March 30, 2009 at 11:20 AM
seven on March 30, 2009 at 9:22 AM
Here’s a rebuttal of your “consequences”..
1 Tata buys them and they go non union.
India hasn’t forgotten the meaning of capitalism just yet. They will only do that if there is a business case to do so, which I don’t believe there is.
a 20,000 suits moved to India
As many as needed will “move”. So? You’re defending the suits?
b 80,000 laid off and unwemployed plus loss of 300,000 supplier jobs.
The auto industry is over-employed. People don’t want or need the current output of cars. Those jobs are gone anyway, unless they simply feed off the taxpayer. Is that what you’re really advocating? Money for nothing?
c Loss of pensions and retirement health insurance. requirs 40 billion of federal dollars to replace.
Don’t see how current decisions change any of that. They will get bailed out by the gov’t printing press one way or another.
2 Loss of jobs and more imports make up difference. That means more foreign built labor in cars.
Per my point above, I don’t believe it. People don’t want less “American cars”. They want less cars.
3 Obama does keep his promise of going green. If you stop buying cars, you will stop driving and burning gas.
Not sure what this has to do with the price of tea in China. I’m missing your point on this one. Even conservatives like to reduce dependence on oil. I ride a scooter to work.
connertown on March 30, 2009 at 11:21 AM
Whom did Obama install to replace Rick Wagoner?
jay12 on March 30, 2009 at 11:23 AM
The Celebrity Apprentice just fired the CEO. Please explain in logical terms.
faraway on March 30, 2009 at 11:23 AM
-
Never played Monopoly I guess.
-
RalphyBoy on March 30, 2009 at 11:28 AM
How much do you get paid to shill/
Jamson64 on March 30, 2009 at 11:30 AM
Here it is the new 2009 Obamamobile.It come with all the extras like a 15 Hp.motor,wheels room for 2 small people top speed down hill 30 mph.Also natural air cond. just let your windows down.Be the frist in your town to get one and show everone how much you care.
thmcbb on March 30, 2009 at 11:32 AM
Why do we bother? Getalife was bought and paid for a long time ago.
Jamson64 on March 30, 2009 at 11:33 AM
Geez, you go to sleep in the United States of America (or what`s left of it) and you wake up in Venezuela.
I am sure the GM thing will be fine as long as they make a black,inexperienced former ACORN worker the new CEO. What could go wrong?
Hey America, try learning that this is what happens when you elect a celebrity and NOT a leader. That is if we are allowed to have elections again come 2012.
Rockshine on March 30, 2009 at 11:33 AM
Frederick (Fritz) A. Henderson
At msnbc–David Cole, chairman of the Center for Automotive Research in Ann Arbor, Mich., said Wagoner’s departure probably will have little impact on GM’s restructuring efforts because Henderson was the heir-apparent in GM’s succession plans.
“I don’t think you would see any shift or significant change at all with Rick’s leaving. I think the course that they’re on, they’re on,” he said.
canditaylor68 on March 30, 2009 at 11:33 AM
Cue Bon Scott in 5, 4, 3, 2….
connertown on March 30, 2009 at 11:35 AM
Might as well do away with bankruptcy court altogether and let Obama flip a coin. Heads you stay, tails you go.
moonsbreath on March 30, 2009 at 11:38 AM
Market is not liking this at all.
canditaylor68 on March 30, 2009 at 11:38 AM
There is also one in 2010, 2014, 2016, 2018…
Do i win a prize?
BTW by taking over GM, the government IS running GM. If they weren’t, the CEO would have told them to go take a hike.
sonofdy on March 30, 2009 at 11:40 AM
What the flip is going on in this country? Please, oh please Mr. Goverment, tell me what to do next, oh and please take over my small company as well. It’s really time for a SUPER TEA PARTY and more.
foxone on March 30, 2009 at 11:44 AM
The Tree of Liberty needs watering.
We have the tyrants, now we need Patriots.
lonesomecharlie on March 30, 2009 at 11:44 AM
So we’re going to have universal car-health care now that the government is taking over GM and Chrysler warranties?
Candy Slice on March 30, 2009 at 11:44 AM
I am just HOT enough to F*ck on this topic.
What is wrong with people today.
Men with no balls, the ceo of GM resigns because the pres asked him to ?
WTF, if he was any measure of a man , he would have come out , held a press conference and told barry that he is the pres of USA, NOT king and to STFU , get a damn spread sheet and FIX his finanical MESS FIRST.
I am not a fan of the CEO, but its NOT THE GOV to say who is in charge of what PRIVATE company.
JUMPEN JESUS PEOPLE !
DANGER WILL ROBINSON! DANGER!!!!!!!
ColdWarrior57 on March 30, 2009 at 11:45 AM
barry and barney and nancy are going to do anything they want because they now they control the republican party. bohner, blunt, mcconnell, cantor ryan et al did absolutely nothing while they had the power. They blamed democrat obstructionism but that’s a load of BS. These guys believe in government and politics as much as the demofascists. They don’t really have conservative principles and they do not believe in the American people or the American Way. Anyone really under the illusion that there will be free, open and honest elections in this country is deluding themselves. We won’t even be able to elect a dogcatcher unless he’s been approved by the party.
peacenprosperity on March 30, 2009 at 11:46 AM
A bit of a surprise out of Detroit- I perused the comments on this story on the websites of the local tv stations and was shocked to see that the majority of the comments on the websites realized that indeed, this was a bad move and even called Obama a socialist. This is even the case on the local Fox station, which is heavily skewed towards democrats and minorities.
shibumi on March 30, 2009 at 11:47 AM
I will not submit!
Alles klar, Herr Kommissar
Bicyea on March 30, 2009 at 11:49 AM
We won’t even be able to elect a dogcatcher unless he’s been approved by the party.
peacenprosperity on March 30, 2009 at 11:46 AM
Peacenprosperity, you may just be right. Darn…
foxone on March 30, 2009 at 11:49 AM
When said companies demand the government give them bucketloads of cash. If GM hadn’t asked for a bailout, this wouldn’t have happened. They did. These are the consequences.
Or should there be no consequences for a private industry demanding aid from the government – in essence, taking your taxpayer dollars away from you?
Mal Carne on March 30, 2009 at 11:50 AM
More Important is HOW this was done. No press conference with Obama and the CEO shaking hands, no joint statements, just a late Sunday release to guarantee maximum impact to the open China Stock markets. The losses crushed the European markets as they opened, then crushed our markets as they opened this morning. Maximum Damage.
This was done for Soros.
GunRunner on March 30, 2009 at 11:54 AM
I’m not surprised. Even some of the UAW people interviewed on the local news are not happy about this (I’m in SE MI by the way). Local radio is getting loud with upset people.
Candy Slice on March 30, 2009 at 11:55 AM
Barney Dragster
Sweet_Thang on March 30, 2009 at 9:13 AM”
Let me guess.. You put the gas in under the trunk lid?
Star20 on March 30, 2009 at 11:57 AM
Why is the government fixing broken cars again? The world just makes less and less sense these days! Is this a plan for subjectgation? First they confuse us and then they…. I don’t know I’m so confused.
petunia on March 30, 2009 at 11:59 AM
SERIOUSLY!!! You know a few years ago there was some kind of legislation that was suposed to make it harder to declare bankruptcy. I think it was at the behest of the banks… I wonder if that messed things up so bad that these companies don’t see bankrupty as an option any more.
A bankrupty used to let companies reorganize debts and so forth… it’s like the Obama people can’t let markets do the work. A lack of faith in the “invisible hand” I supose.
(I don’t mean God. It’s an economic concept.)
petunia on March 30, 2009 at 12:06 PM
I guess my Jeep will be the last American car I buy if the nationalization of the auto industry continues (don’t think GM will be the last one).
Socializing the entire industry instead of addressing the actual problem (rediculous Union contracts that prevent the automakers from turning a profit no matter how many units they move). Yep, that’s wicked smart.
crazy_legs on March 30, 2009 at 12:09 PM
Obama’s speech missed the problem by a long shot. Man, the people in charge are saboteurs.
True_King on March 30, 2009 at 12:11 PM
Even more exciting news from Prez for Life Hussien:
First members of the United Socialist States of America? Michigan, Ohio and Indiana.
As a resident of Michigan, this makes me very, very nervous.
shibumi on March 30, 2009 at 12:14 PM
Because they perceive it’s what the majority wants them to do.
When the wind changes, they will react. Not with intent, direction, or conviction of purpose, though. Because they don’t know what they’re doing.
What were you expecting, again?
connertown on March 30, 2009 at 12:14 PM
2012 election.
getalife on March 30, 2009
Tell me, are able to actually formulate a thought or idea that doesn’t come down to a one or two word sentence? Or are you just too mentally stunted to do so?
ManInBlack on March 30, 2009 at 12:16 PM
You forgot to include the upside of all this:
1. Car prices come down;
2. Unemployed union workers and suits drive down cost of employment;
3. Decreased demand drives prices down;
4. Capital is freed up and redirected (assuming federal and state governments stop hijacking it);
5. Redirected capital leads to new jobs.
“Green” cars are a pipe dream. Alternate fuels will become the standard as soon they become more cost-effective than gasoline, not a moment sooner.
TheMightyMonarch on March 30, 2009 at 12:23 PM
If I were a resident of Michigan I’d be on pins and needles. That state has been a Dem experiment since Granholm took office. Now it is about to become the Socialist experiment.
It is scary to me that these people, who are making what is becoming life and death decisions have no more experience than studying and being fans of Saul Alinsky and other great (for lack of a better word) believers in social change.
Does anyone see a problem here?
ORconservative on March 30, 2009 at 12:27 PM
I think he is a centrist but the scale of the economic crisis is making even some of the most hawkish economist push for large scale government intervention. I was on a conference call last week with a well known free marketeer who all for some of these big spending items which he sees as critical to preserving the system through these times so we have something to build on when the storm is over.
lexhamfox on March 30, 2009 at 12:34 PM
Interesting that President Obama didn’t call for Ron Gettelfinger, the President of the UAW and just as responsible for GM problems as Rick Wagoner, to resign. Why not? This should be the first question the media ask President Obama after this action.
JeffinSac on March 30, 2009 at 12:38 PM
Thank you President Obama.
getalife on March 30, 2009 at 12:40 PM
The Chinese have a saying for what Obama just did.
http://alphadinar.com/2009/03/30/kill-the-chicken-to-scare-the-monkey/
econavenger on March 30, 2009 at 12:42 PM
I agree but is this something Obama meant to do or is it unintended consequences?
canditaylor68 on March 30, 2009 at 12:47 PM
Thank You man-child President Obama…
ClassicCon on March 30, 2009 at 12:50 PM
Seminar typer delivering fascist talking points. Everything he is doing is right down the line with the political upraising he had. From his mother and her indonesian communist husband to frank marshall to the ivy league to ayers, dohrn, wright and the rest. He is doing exactly what he was trained to do, tearing down the United States. They don’t even hide it anymore, geithner went on tv this weekend and said it’s all about “economic equality”. barry is a centrist if hugo chavez is a centrist.
peacenprosperity on March 30, 2009 at 12:52 PM
Ris4victory on March 30, 2009 at 9:49 AM
I hope by then my DH told me “I am sorry, you were right!”
ProudPalinFan on March 30, 2009 at 1:00 PM
I thought “too big too fail” was one of the roots of this current situation.
RalphyBoy on March 30, 2009 at 1:22 PM
I have a better idea.
pull your head out of your ass.
Can you Imagine the uproar if Bush had forced Ron Middlefinger to make concessions that would have made GM a profitable company?
If the government would just get the hell out of the way, this recession could end on it’s own.Instead, the government is insuring it’s longevity.
UNREPENTANT CONSERVATIVE CAPITOLIST on March 30, 2009 at 1:25 PM
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