In his Marxist zeal to squeeze the last vestige of private enterprise out of the U.S. automobile industry, President Obama has unilaterally appointed himself America’s Human Resources czar, in charge of CHANGE.
In this new role, President Obama will personally decide whom is, and whom is not, qualified to run General Motors which, until fairly recently, was one of the largest and most successful corporations in the world.
Mind you, we are talking about a president who has been unable to recruit a small number of people to serve in his cabinet without dredging up tax cheats, play for pay con artists, and other scalawag Democrats.
Yet, he considers himself qualified to run a major corporation? Even with no management experience and no business background to his credit?
Obama’s first act as fascist in charge was to force GM Chairman and CEO Rick Wagoner out the door.
As reported, in part, at online.wsj.com:
“Time and time again, General Motors Corp. board of directors reaffirmed its support for Chairman and CEO Rick Wagoner, even as the company piled up billions of dollars in losses and begged for government loans to stay alive.
But Wagoner is now a high-profile casualty of government intervention, forced out as part of the Obama administration’s sweeping last-ditch effort to save the century-old auto giant.
Wagoner, 56, who spent 32 years with GM working all over the world, stepped down effective immediately, the company said in a statement early Monday. He was replaced as CEO by Fritz Henderson, the company’s vice chairman and chief operating officer.”
Although he was quick to wield an ax to the neck of Rick Wagoner, Obama overlooked the fact that the United Auto Workers (UAW) and union President Ron Gettelfinger are at least as responsible for the demise of General Motors, perhaps even more so.
Obama’s well publicized outrage over greed and abuse has been aimed solely at those in corporate management. But what of the greed, abuse, and fraud within labor unions?
Where is presidential outrage over the fact that some autoworkers receive the equivalent of $75 per hour in salary and benefits? Why is labor’s greed unimportant, especially when that greed is a key factor in destroying the competitiveness of American auto firms?
Might the answer have to do with donations made by labor to the Democrat party and labor’s overwhelming support for the Obama candidacy?
If you really care about saving the automobile industry President Obama, why not fire Ron Gettelfinger?
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