Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts

Monday, March 30, 2009

OBAMA "NEW CEO OF GENERAL MOTORS"

The Obama Administration has asked the CEO of General Motors Rick Wagoner to resign from his position or they will not receive the much needed loans to survive as the nations leading automaker. The Obama Administration also, told Chrysler that they would not receive loans if they did not finalize the merger plan with the European Company Fiat within the next 30 days. This is a huge step for the Obama Administration because they are now running the nations leading automakers from the White House. This is truly, the beginning of nationalized socialist government that will determine how a business is run and which products they will produce. President Obama and Treasury Secretary Geithner wanted special powers to takeover large corporation if they are deemed to large to fail and General Motors is the first example of how this socialized legislation will be handled by the Obama Administration. This move by the Obama Administration has to scare the hell out of the Banks and Corporations that received money from the Federal Government because President Obama and Treasury Secretary Geithner could move in at any time and take control of your private business. The Obama Administration I believe has a more sinister motive and that is that they want to control the money flow that comes out of Wall Street. Therefore, you will see CEO's on Wall Street who scared to confront the Obama Administration because they feel that they will be attacked by the "Obama Populist Machine". This is the "New Obama Socialism" where everything is Centralized in Washington D.C.. This form of Centralized Government that controls corporations and health care has failed in every industrialized country in the world. The Obama Administration wants to take this country down the road of instant failure with this form of government. President Obama Administration main priority is to keep him in power and his minions believe that he can stay in power by putting as many Americans as possible dependent on the federal government for services. Finally, I can not believe in the year 2009 that the Federal government would be running large Corporations like AIG and General Motors from the White House. This could be a sign of a declining world power or a change in government from a Democracy to a Dictatorship. We as Americans will know sooner rather than later but either choice I will not tolerate as a free American Citizen. I would rather fight another revolution than live under these conditions. GOD BLESS AMERICA.

Monday, November 10, 2008

GENERAL MOTORS BAILOUT "HELL NO"

The most incompetent company in America in the last 25 years wants a bailout from the Federal Government. General Motors is so poorly run why should the American taxpayer Bailout a Corporation who is laying off workers everyday and moving there plants overseas. I am tired of bailing out companies who's management is incompetent and they are also getting million dollar parachute bonus even when the company is losing Billions of dollars. I cannot believe that President-Elect Obama and the Democratic Congress is willing to dish Billions of dollars to these "Fatcats" who can't make a car that can compete with the Japanese and other forgein auto makers. I waiting for the Federal Government to bailout the average American who is saddled with credit card debt and student loan debt. The United States Congress will not bailout the average American because, they receive a large amount of contributions from the credit card companies who are basically, modern day loan sharks with interest rates at 20% and sometimes 30%. The Congress is wasting our money on another stimulus package that will go there friends who contributed to the Democratic National Committee. They will send the average American $600 dollars but, most of the stimulus package money will go down a black hole. Finally, is this the change we all can believe in when the American people elected President-Elect Obama and a Democratic Congress that we would waste billions of our precious dollars on corporations that could not run a child day care center without losing money..