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  • fishnman73 fishnman73 Dec 13, 2009 7:59 AM Flag

    Real news: GM’s CEO fired again by Obama


    Hey Yahoo News, post the actual news, and not what Rahm Emanuel at the White House tells you to.

    General Motors fell victim within the past year of an aggressive, hostile, and unconstitutional take over by a socialist federal government.

    On Dec 8, Obama fired Fritz Henderson after just a few months ago Obama had picked and endorsed Henderson although he had no experience in the automotive industry. - “Michael D. Richards, formerly of Ford Motor Co., was hired Dec. 1, the same day Fritz Henderson was ousted as chief executive and replaced by Whitacre.”
    He quit just 8 days later to pursue other opportunities. The heads of Buick and Chevy recently resigned. GM is falling to pieces with hundreds of thousands of jobs at stake in an economy where jobs are now scarce.

    Most Americans find it alarming that Obama who had only 143 days of government experience in the senate prior to the presidency, would attempt running the once-largest company in the world.

    The American public has boycotted GM, which is now well known as Government Motors. They no longer trust in the long earned GM company commitment to quality, because that company is gone. Its being run by bunch of clueless bureaucrats instead of qualified professionals.

    GM's financial problems were caused by unfair union legal litigation and labor laws. This prevented GM from throwing the unions out who were asking far too much compensation than their work was worth. Instead of breaking the unions, Obama steals the assets from the legal bondholders and gives financial stake to the unions that caused the whole mess to begin with.

    This topic is deleted.
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