Originally Posted by Mike-in-Orange
Obama also asked Rick Wagoner to step down from his role at GM, and he is doing so effective immediately. OK, I get that the US government is loaning billions of $$ to GM and Chrysler, but does it bother anyone else that the government can dictate to a corporation who can and can't run the place?
UUHmmmmmmmmmmm! me.
Seems OK to take care of Geitner's pals and Chris Dodd's pals, but not all those union guys out in Detroit.
Trust me, the top executives at GM and Chrysler will find other companies to run. They will still make great salaries. They will sell their million dollar homes in Ann Arbor and move to million dollar homes in Atlanta.
Will the Blue Collar guys find other work that pays as well? Where will they move?
roadster with a stick