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Good vs Evil…It Is Your Choice
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Obama Forces GM CEO to resign

What in the world has this country become, where a President can force a CEO of a Private company to resign??? This is not the function of the Federal Government. The Federal Government does not control Private companies and should have no say in who is the CEO ot who should get a job in a Private Business.

GM CEO resigns at Obama's behest

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

On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.

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

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Reader Comments (6)

That's retarded. Here we go with ANOTHER constitutional infraction by the fed.

March 29, 2009 | Registered CommenterMark "Snooper" Harvey

Totally agree. Where in the Constitution does it say the Gov can tell any Private business how it should run its business

March 29, 2009 | Registered CommenterStix

Why didn't the CEO tell obambi where he could shove his resignation?

March 29, 2009 | Unregistered CommenterNo.9

Cuz he was a coward too?

March 29, 2009 | Registered CommenterMark "Snooper" Harvey

Wiil keep our eyes on the stock market tomorrow. That should be very interesting.

March 29, 2009 | Unregistered CommenterFaultline USA

Obama is a turd.

March 29, 2009 | Registered CommenterMark "Snooper" Harvey
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