R WAGONER GM's CEO, DOES IT MATTER HE WAS FIRED
By Eric Lafayette March 31st 2009 published by www.fordemocracy.com
Dear readers
Does it matters to you that Rick Wagoner the CEO of GM for the last 8 years was fired by the Obama administration?
It is of great importance to me and I hope to you.
Mr Wagoners did not want to leave despite a catastrophic track record while he was at the helm of GM which was for decades the largest auto manufacturer in the world..
>During his years as CEO the shares of GM went from $70 a share to $4 a share.
>GM lost 10% of its American market share.
>He destroyed the EV1 electric car program by far the most innovative of its time (1996)
>He fired ten of thousands of GM workers.
>He initiated begging money from the government.
YET HE WOULD NOT RESIGN.
Had he stayed he was going to be paid a large salary by the taxpayers as a reward for running GM to the ground.
The same pattern can be found in he actions that lead the USA into catastrophic Domestic economic situation and international catastrophic situation with two wars to fight and the creation of millions of Muslims who hate the USA as well as millions of other people around the world who despise the USA. This horrible situation was the result of the actions of the Bush-Cheney Republican administration.
This spiraling down of the USA is due to the abominable leadership of President Bush and Vice President Cheney. They have been protected by the irresponsible Nancy Pelosy who failed to uphold the US Contitution and impeach them.
Nowadays President Bush is touring the country and making hundred of thousands of dollars instead of being in disgrace and Vice President Cheney is being put on a piedestal on CNN intead of being in jail.
It is a pattern of Republican arrogance to reward the leaders who fail America.
Remember Paul Bremer who lost the war in Iraq, he was rewarded with the Presidential medal of Freedom, the highest civilian award in the United States. It is designed to recognize individuals who have made "an especially meritorious contribution to the security or national interests of the United States, world peace, cultural or other significant public or private endeavors.
According to Republican values: Rick Wagoner should have been given the Presidential medal of Freedom.
I am glad he did not received it and instead was fired.
At least I can see " Change I can believe in"
What are your thoughts?
Best regards
Eric Lafayette
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