BREAKING: Obama demands GM CEO resign

Discussion in 'Politics' started by DavidS, Mar 29, 2009.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    And he does! :clap2: :clap2: :clap2:

    GM CEO resigns at Obama's behest - Mike Allen - POLITICO.com

    The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

    The White House confirmed Wagoner was leaving at the government's behest after The Associated Press reported his immediate departure, without giving a reason.

    On Monday, President Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler.

    Industry sources had said the White House planned very tough medicine, which turned out to be an understatement. And it went to the very top. The measures to be imposed by the government will have a dramatic effect on workers, unions, suppliers, retirees and the communities where plants are located, the sources said.
     
  2. random3434
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    random3434 Senior Member

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    Do you know what will happen? Are they going to reopen some plants they closed down, or give back jobs to the people who lost them at the plants that are still open? That would be great news.
     
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  3. johnrocks
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    johnrocks Silver Member

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    Yep, now it's all duck soup and caviar,lol.
     
  4. WillowTree
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    WillowTree Diamond Member

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    The CEO won't care! He was working for nothing anyway.. If obamalama dosen't make the unions make concessions it will all be money pissed away. the American auto industry cannot comptete with the Asians.
     
  5. random3434
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    random3434 Senior Member

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    That doesn't sound very tasty! :eek:
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    This should all be revealed tomorrow, I think. Ragoner ran GM into the ground. He even outright admitted that under his tenure, GM put out cars that didn't even come close to their quality standards. They put out shit for cars and he expected to keep his job?? How come Ford doesn't need a bailout? Because of good management.
     
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  7. johnrocks
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    johnrocks Silver Member

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    lol, this guy is the one hung out to dry, eveything now happening needs a whipping biy and he is GM's, Ford from what I heard a few weeks ago got a 30 billion dollar line of credit last year or they would be in the same boat as GM and Chrysler, this is nothing more than a political ploy,imho.
     
  8. Xenophon
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    Xenophon Gone and forgotten

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    All hail Fidel obama!
     
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  9. DavidS
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    DavidS Anti-Tea Party Member

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    What?
     
  10. Xenophon
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    Xenophon Gone and forgotten

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    When our glorious leader demands, we are happy to obey!
     

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