Okay Obama may not have a hand in the day to day running of GM but then again I wouldn’t put it past him. It has come to light that the “White House” has asked GM’s CEO, Robert Wagoner, to step down. I love how the media phrases this. Like B.O. went to him and said, “Hey buddy, can you do me a really big favor and resign from GM, it would mean a lot to me, thanks a million.”
Now if some Mafia made such a “request” we would call it extortion. All that aside, I am not all comfortable with the government trying to take over privately owned business. It is one thing when they step in to bail out Fannie Mae and Freddie Mac because they were originally government owned enterprises, to help students with getting student loans. So it makes sense that they would try to save their own skin. It is quite another for the government to step in and take over GM and Chrysler. Where is Lee Iacocca when you need him? He saved Chrysler once, let’s get him back to do it again.
Lee didn’t save Chrysler in the 80’s through reckless spending but through innovation and through smart fiscal leadership. Things that have long been forgotten by this upcoming generation and things that B.O. knows absolutely nothing about. You can’t spend your way out of debt, trust me if you could I would be debt free now. No one outspends me! Yet that is the liberal answer for any problem, throw more money at it. I am curious to see how this plays out and who will take over for Wagoner. We are heading ever so closer to communism and the government control of all the major industries.
Wake up America or we will be Cuba! But only if we are lucky. If you don’t want to listen to me, listen to Putin, listen to Daniel Hannan, heck listen to Ricky Ricardo. All these people will tell you the dangerous road we are on! And unless we turn back soon you can kiss this country good bye.