Comments: Obama Fires Another Auto Executive

Ugh. I have a headache.

Posted by Pam at September 9, 2009 02:36 PM

I hope the next industry the Obama vultures have their eyes on has companies with BODs and executives that have the courage to say something like we don't need you and you have no constitutional authority to try to push us around.

It is kind of amusing, though, all the millions of dollars GM has sent to Washington, via lobbyists and direct political donations, this is what they got. A fast train to abandoned factories, empty showrooms and stock certificates suitable only for framing because they are worth nothing. Kind of like those famed GM pensions, soon worth nothing because the company has been ground into the dust.

I do not say this gladly, I've run around in a lot of GM iron, both professionally and with my family.

Posted by Peter at September 9, 2009 07:17 PM