President Obama or CEObama?

Last night I went to bed in amazement. Barack Hussein Obama, who has never run any type of business in his life, asked General Motors CEO Rick Wagoner to step down--and Wagoner does it. Obama, who every time he asked if he is overreaching, cites he taught Constitutional law is now now making policy for the internal workings of the American auto industry. What qualifies Obama to do this? It's not the Constitution. Does his experience as a community organizer in Chicago give him the experience he needs to run a country and the American automobile industry? I don't think it's experience at all. I think it's arrogance.

GM issued a statement, "We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement."

Notice how carefully they approach this. Don't want to upset the new bully in town!

Any doubt the relationship between government and American corporation is changing should be set aside now. Not only do we have Congressman Barney Frank citing he should have a say in the way AIG is run, we have Dear Leader running GM. Will Obama choose Wagoner's successor? Will the successor have tax issues? One thing is for sure, if he chooses a Timothy Geithner like figure, we can kiss GM goodbye. It probably doesn't really matter anyway. The way Obama is spending, we are on the ten-year plan to destruction anyway.

By the way, if Obama ever asked me to resign, I'd probably let my fingers do the talking. Either Wagoner is a wuss, or maybe the Obama administration had dug up something ugly about him. Something stinks in GM land, and this gives me further reason not to buy a GM product.