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What Gives Obama The Right To Ask GM CEO To Step Down?
http://conservativexpress.blogspot.com/2009/03/what-gives-obama-right-to-ask-gm-ceo-to.html ^ | 3/28/09

Posted on 03/29/2009 3:00:21 PM PDT by DrGop0821

Look, I've been against the auto industry bailout since the beginning.

These companies DO NOT deserve tax payer money. These bailouts are nothing but attempts at nationalization which ooze socialism.

Politicians have benefited from Unions for decades. Placating union bosses has been a windfall campaign finance tactic for a number of members of Capitol Hill. And that is the real motivation behind trying to "save" Detroit.

Indeed, the economy has seen better times but Honda, Nissan and Toyota are not panhandling on the steps of the Capitol. Somehow, they are managing to build, sell and profit from selling cars in America.

The biggest reason these automakers are in trouble is simple: It costs the Big 3 an average of $30/Labor Hour (or 60%) MORE to produce a car than competitors like Nissan, Honda and Toyota who build cars in United States plants as well. At 40 hours per week, the average UAW member makes over $150,000 annually in benefits and compensation. Does anyone else think that's a bit much to screw some tires on a car?

What about the so-called "job banks" where laid-off UAW members can collect 95% of their income by doing nothing more than watch TV and drink coffee. The Big 3 will not discuss the exact details of these job banks, citing they are not public information.

How many businesses in this country would succeed by paying 60% more than a competitor to produce a product? How many would succeed by paying people who don't produce a single asset?

Certainly, Rick Wagoner has not performed well as the head of GM, but what gives the President the right to ask a private company executive to step down?

If GM's board of directors made this decision, I would have no problem with it. The Obama Administration is yet again over-flexing its political muscle with respect to private industry.

If Congress and The White House want to put stipulations and regulations on companies receiving Federal aid, fine. But no where in the Constitution does it grant the Executive Branch this kind of control and coercion over private industry.

Tim Geithner unveiled a plan last week, designed to give Treasury Department the ability to take over financial institutions at the Secretary's choosing.

All of this continues the Obama Administration's war on Wall Street. It's a power grab to redistribute wealth, penalize the successful and establish a communistic "equality" among Americans.

Regulation = control and power.

Team "O" wants to destroy free market capitalism. There is ample proof of Obama's war on investors. Welcome to The United Socialist States of America (USSA).

POLITICO reports:

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.


TOPICS: Business/Economy; Government; Politics
KEYWORDS: automakers; bho44; chavez; generalmotors; nationalization; nationalsocialism; obama; obamunism; socialism; wagoner
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1 posted on 03/29/2009 3:00:22 PM PDT by DrGop0821
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To: DrGop0821

So you expected the marxist to lean on the unions?

Of course, it’s all the CEO’s fault, dontcha know.


2 posted on 03/29/2009 3:01:47 PM PDT by Carley (President Obama Dropped a MOAB on America)
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To: DrGop0821

Nothing.

Nothing, but We the People standing by and letting him usurp the Constitution.


3 posted on 03/29/2009 3:02:25 PM PDT by KittenClaws ("The state rubs the lotion on its skin, then it places the lotion in the basket". ~ Dead)
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To: DrGop0821

No real difference between an auto industry bailout than a bank bailout.


4 posted on 03/29/2009 3:03:51 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: KittenClaws

Holy Crapola...The US Government TELLS a CEO of a US Company to quit...WT heck is going on here??

OBOZO needs to get some sort of slap down by SOMEBODY!


5 posted on 03/29/2009 3:05:03 PM PDT by GRRRRR (He'll NEVER be my President! (FUBO!))
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To: DrGop0821

Once you receive Billions of Dollars from the Federal Government, the Federal Government becomes your boss.

Yes, welcome to Socialism and as I recall it was the last president who gave the first chunk of billions to GM.


6 posted on 03/29/2009 3:05:35 PM PDT by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: DrGop0821

Hate to say it, but the ex-head of GM appears to have as much engineering talent as the Obamaloon.

So, we can expect more Yugos from GM, just as we are getting Wiemar finance ideas from the clowns running finance.

Loon-O-Tics...not a person of accomplishment among them.


7 posted on 03/29/2009 3:05:43 PM PDT by Da Coyote
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To: DrGop0821

Hate to say it, but the ex-head of GM appears to have as much engineering talent as the Obamaloon.

So, we can expect more Yugos from GM, just as we are getting Wiemar finance ideas from the clowns running finance.

Loon-O-Tics...not a person of accomplishment among them.


8 posted on 03/29/2009 3:05:44 PM PDT by Da Coyote
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To: trumandogz

Yes, he is doing the Hugo Chavez thing


9 posted on 03/29/2009 3:06:15 PM PDT by JaneNC (I)
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To: DrGop0821
Rick Wagoner has not performed well as the head of GM, but what gives the President the right to ask a private company executive to step down?

Nothing.

However, GM, Chrysler and none of the other companies that took welfare money are "private" anymore.

10 posted on 03/29/2009 3:06:51 PM PDT by pnh102 (Save America - Ban Ethanol Now!)
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To: DrGop0821

I take it that araments minister Speer will consult with der Fuhrer in the selection of a suitable replacement.


11 posted on 03/29/2009 3:07:11 PM PDT by Lonesome in Massachussets (The death cult wants death, the Israelis want peace. I, for one, see only one solution.)
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To: cripplecreek

im sorry there is HUGE difference where as the reason the car industry is in trouble is because of the UAW. But instead of asking the union to restructure contracts they ask the CEO to step down. I’ll tell you this is bone chilling to me. Everyone should be very scared over this.


12 posted on 03/29/2009 3:07:15 PM PDT by genxer
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To: DrGop0821
Tasteless, but becoming truer by the minute.


13 posted on 03/29/2009 3:08:05 PM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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To: JaneNC

Yes Obama is a Socialist.

But America’s big turn to Socialism started before Obama took office.

See: AIG Bailout, Bail Out of Banks and Wall Street, Bail out of the Big 3 (2008)


14 posted on 03/29/2009 3:08:22 PM PDT by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: DrGop0821

Answer to the headline from Obama “I WON.”. He feels he can do anything he wants. And quick, before someone finally leaks the BC out of Hawaii and it is known to the world he is Kenyan born. Then we’ll see some real chaos. This is nothing so far, bad as it is.

Oh Lord, see us through the next 4 years and keep our Republic intact. Amen.


15 posted on 03/29/2009 3:08:51 PM PDT by TheConservativeParty ("Government is not reason, it is not eloquence, it is FORCE." George Washington)
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To: DrGop0821

I’m sure Maxine Waters will be able to turn GM around.


16 posted on 03/29/2009 3:08:54 PM PDT by Attention Surplus Disorder (Mr. Bernanke, have you started working on your book about the second GREATER depression?")
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To: DrGop0821

“At 40 hours per week, the average UAW member makes over $150,000 annually in benefits and compensation. Does anyone else think that’s a bit much to screw some tires on a car?”

Nope. Think again. $55K. The rest is the same as employment in the private and public sector: Company matching social security, healthcare benefits, pensions, holiday and vacation pay, some other benefits that they may or may take advantage of like prepaid legal fees and education stipends.

The UAW is wrong on many fronts, but it doesn’t help to exaggerate the problem.


17 posted on 03/29/2009 3:09:33 PM PDT by OpusatFR
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To: genxer

Did GM sign the same contracts as the UAW?


18 posted on 03/29/2009 3:09:43 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: DrGop0821
Personally, I couldn't care less about Wagoner stepping down. About Obama asking him to step down, that's something else entirely.

If we give another red cent to any of the big 3, and a Republican votes for it, I'll never give a red cent to the GOP again.

I purchased my last American made car in 1992. I had it 23 months. It was the biggest piece of crap I'd ever owned. Since then, I moved to a particular German manufacturer, I'd never thought about my car ever again - exactly as it should be.

19 posted on 03/29/2009 3:11:38 PM PDT by Big_Monkey
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To: DrGop0821

BTW, Zero is a Eurosocialist and this is done in Europe. The other part of the equation is this: You take the piper’s money and you dance to the piper’s tune.


20 posted on 03/29/2009 3:11:48 PM PDT by OpusatFR
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To: DrGop0821
obama hitler Pictures, Images and Photos
21 posted on 03/29/2009 3:12:42 PM PDT by Snickering Hound
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To: DrGop0821

The fact that GM began advertising on Rush Limbaugh, Sean Hannity and Glenn Beck.


22 posted on 03/29/2009 3:13:06 PM PDT by prismsinc (A.K.A. "The Terminator"!)
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To: GRRRRR
OBOZO needs to get some sort of slap down by SOMEBODY

I know what's going on.

We in the USA are acting like the Jews in the days of Hitlers early reign...we are too friggin' comfortable to say (or do) anything to "rock the boat". After all, what can Zero do in 4 years....??

Yeah, SOMEBODY really ought to do something.....not me, of course, or you, but...somebody. Before this gets out of hand.

23 posted on 03/29/2009 3:13:36 PM PDT by KittenClaws ("The state rubs the lotion on its skin, then it places the lotion in the basket". ~ Dead)
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To: trumandogz

The big turn happened when he took office. Make no mistake.
Besides that....FANNIE AND FREDDIE under Bubba, forcing banks to make bad loans.....


24 posted on 03/29/2009 3:13:37 PM PDT by JaneNC (I)
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To: DrGop0821

The Golden Rule.

You provide the gold, you make the rules.

Except Obama is providing no “gold”. He is providing a temporary crutch that crumbles almost as fast as it is put to use.

GM is nothing more than a conduit for transferring Federal (and taxpayer) dollars to a small remnant of the vast army the UAW used to command. Better solution: bypass GM altogether, and just distribute the welfare directly to the UAW members.

Isn’t that where the now failing obama regime and Democrat Congress are going with this?


25 posted on 03/29/2009 3:13:44 PM PDT by alloysteel (Obama was lying, your rights are dying)
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To: alloysteel

Look that canard “You provide the gold, you make the rules” is inapplicable. It’s OUR gold, not Obama’s. He’s a runaway agent, his actions are criminal.


26 posted on 03/29/2009 3:15:38 PM PDT by bvw
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To: DrGop0821

While Toyota was designing the Prius, GM was designing the Pontiac Aztec.

While Honda was selling Civics, GM was selling the Malibu.

When gas was $4.00 a gallon, GM tried to sell you the Suburban and Toyota & Honda sold us fuel efficient cars.

The Union Thugs are not the ones who made the above poor decisions.


27 posted on 03/29/2009 3:15:45 PM PDT by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: DrGop0821

When someone bails you out you are basically at their mercy. If GM is going to take the money, instead of going the organized bankruptcy route, don’t be surprised at the stipulations placed on them.

Many banks, and states, have turned down stimulus money for this very reason.

I don’t like it either. But, it is what it is. GM has to suck it up and do what they’re told if they want the cash. It’s that simple. Sad but true.

If they had gone the bankruptcy route they could have dealt with the union and pension problems. Now they’re stuck with it.


28 posted on 03/29/2009 3:16:31 PM PDT by mark3681
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To: Da Coyote

Quote: “Hate to say it, but the ex-head of GM appears to have as much engineering talent as the Obamaloon.

So, we can expect more Yugos from GM, just as we are getting Wiemar finance ideas from the clowns running finance.

Loon-O-Tics...not a person of accomplishment among them.

Not picking on yu or anyone here, but please look at the big picture. If the empty one can do it to ONE he can do it to us all. There will be NO drawing of the line.

This is not socialism it is communisim.

The story is no different with the Assalt rifles; the moment he gets his hands on them, he wil soon have his cold sweaty hands on the rest.

It is time we the people clean house and a town. The White House and Washington.

These morons are supposed to serve us,not there ideals!!!!!!!


29 posted on 03/29/2009 3:17:40 PM PDT by BornToBeAmerican (We the people, ..... never forget)
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To: pnh102

They are OWNED by the share holders, not Bambi


30 posted on 03/29/2009 3:18:24 PM PDT by BornToBeAmerican (We the people, ..... never forget)
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To: prismsinc
"The fact that GM began advertising on Rush Limbaugh, Sean Hannity and Glenn Beck.

Amen. During the last auto bailout, Limbaugh and Hannity (I didn't listen to Beck) were absolutely cricket-chirping quiet on the bailout - no criticism at all.

Everyone has their price, and apparently GM found Limbaugh's and Hannity's. I haven't listened to either since. You can't be for just some Capitalism. You're either in it for all, or in it for none.

31 posted on 03/29/2009 3:18:38 PM PDT by Big_Monkey
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To: DrGop0821
Maybe the union bosses want him gone.
Maybe he was stooping Mrs. Obama. who knows?
32 posted on 03/29/2009 3:19:23 PM PDT by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: JaneNC
The big turn happened when he took office...

So you supported the Bush-Paulson Trillion Dollar Bailout of the banks, Wall Street and GM but not the Obama Bailouts?

I hate Socialism not matter what the party ID is of the person forcing it upon me.

33 posted on 03/29/2009 3:19:23 PM PDT by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: mark3681

GM got the money under Bush’s plan, and I doubt that possible nationalization was even a consideration. While I don’t think they should have gotten money at all, the understanding was different, and Bambi has simply gone ahead and taken advantage of the situation to do what he wants to do anyway, which is control all private industry in the US.


34 posted on 03/29/2009 3:19:49 PM PDT by livius
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To: cripplecreek
No real difference between Obama and Hugo Chavez, either.
35 posted on 03/29/2009 3:21:04 PM PDT by ItsForTheChildren
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To: DrGop0821

So, does he get to pick the replacement, too??


36 posted on 03/29/2009 3:21:46 PM PDT by incredulous joe ("If at first you don't secede,...try, try again.")
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To: bvw

Look that canard “You provide the gold, you make the rules” is inapplicable. It’s OUR gold, not Obama’s. He’s a runaway agent, his actions are criminal.

Those who are under Zero’s spell have no clue that the ‘government’ HAS NO MONEY.


37 posted on 03/29/2009 3:22:08 PM PDT by KittenClaws ("The state rubs the lotion on its skin, then it places the lotion in the basket". ~ Dead)
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To: DrGop0821

Obama’s “administration” should not be stepping into a company’s business like this.


38 posted on 03/29/2009 3:22:39 PM PDT by madison10
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*


39 posted on 03/29/2009 3:22:39 PM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: GRRRRR

“What’s going on” is that we’re slowly becoming a banana republic. Make contingency plans to move to Australia.....


40 posted on 03/29/2009 3:24:09 PM PDT by LifeComesFirst (Until the unborn are free, nobody is free)
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To: ItsForTheChildren

Barack Hugo Hussein Obama Chavez.


41 posted on 03/29/2009 3:24:19 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: KittenClaws

It’s sick. You are right and most of them have no idea how to do basic accounting or even why. Those of them that do are the Mafia and other interested criminal conspiracies who DO keep books.


42 posted on 03/29/2009 3:24:23 PM PDT by bvw
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To: DrGop0821

Let just all agree that Wagoner is no Alfred P. Sloan.


43 posted on 03/29/2009 3:25:28 PM PDT by Paladin2 (Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
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To: OpusatFR

the $155,000 is “total compensation”; I understand it’s not take home pay, but it’s still money shelled out by the Big 3 which limits their profitablity.


44 posted on 03/29/2009 3:26:20 PM PDT by DrGop0821
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To: DrGop0821

45 posted on 03/29/2009 3:26:59 PM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: OpusatFR

You’ve fallen for the union’s fudged numbers. Ask yourself this: if their pay is comparable to non-union auto factories, why have a union at all? If you can get this level of total compensation at non-union jobs, then paying union dues is a waste of money, yes?

Anyway, not only are the union’s numbers fudged, but they do not factor in the “feather-bedding,” i.e. make-work policies. Requiring via union rules that a backup electrician always be present, that certain jobs can only be done by certain people, that extra people always be kept on hand, etc.


46 posted on 03/29/2009 3:28:11 PM PDT by LifeComesFirst (Until the unborn are free, nobody is free)
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To: OpusatFR

Funny stuff!! The companies are bankrupt and the contracts should be declared null and void.


47 posted on 03/29/2009 3:28:37 PM PDT by bfree (Obamie the Commie-- FBO)
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To: LifeComesFirst
"Make contingency plans to move to Australia...."

I would, but they drive on the wrong side of the road (and they have issues with gun control, muzzie control, CO2 control, etc).

48 posted on 03/29/2009 3:30:17 PM PDT by Paladin2 (Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
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To: bvw

It’s not sick, it’s Tyranny.

The USA has been dumbed down enough to give them a chance.


49 posted on 03/29/2009 3:30:28 PM PDT by KittenClaws ("The state rubs the lotion on its skin, then it places the lotion in the basket". ~ Dead)
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To: Carley

Wait till GM files bankruptcy and sticks it to the Gov. That will cause a lot of “Special” laws to be made.


50 posted on 03/29/2009 3:31:09 PM PDT by Shanty Shaker
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