GM CEO resigns -- at Obama's behest

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.

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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?

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Ed Morrissey 10:00 PM | February 17, 2025
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