Like a Soviet General Secretary of the not-too-distance past, B. Hussein Obama today, without the notice, advice, or consent of the Board of Directors of GM, sacked Rick Wagoner, its CEO. Thus, a street organizer from Chicago who never so much as managed a McDonald’s, centralized the management decisions of the second largest automobile manufacturer in the world.
No mention was made of whether President Obama sacked the head of the United Auto Worker’s Union, the chief cause of GM’s inability to become a profitable company.
GM was foolish to accept loans from the United States Government, and is foolish to ask for more, and for that reason, GM and its entire Board should be sacked. However, the sacking should have been accomplished by the shareholders – ostensibly the owners of the corporation; not by the Statist occupying the White House.
Today, the United States slipped yet closer to economic ruin. The narcissist in the White House views himself as transformative. One cannot transform a country by building on its past. The narcissist must destroy the past and build the nation in his own Leftist image. Free markets, corporate self-governance, inexpensive power and water for all, and the first claim of the benefits of your own labor will all become a thing of the past as long as the narcissist controls the reins of government. God help us all.
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