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GM needs more cash to continue operating, and our leader put it in their hands.
Get rid of him, or no more cash
I do not want to debate if Wagoner was the man that needed the pink slip, I personally could not care less if the whole bunch was thrown out.
What bothers me is the fact that government has that kind of power. It bothers me that the government is growing larger every day, and is granting themselves the power to do as it wishes
The auto companies should have gone into bankruptcy.
If the way they manage and direct a company is not working, it is not my place to send them any money to help them out
The government, Obama, Reid, and Pelosi Took my money and handed it to someone that has a lot more than I do, and I have a problem with that
They took my money and handed it to AIG, another group that willingly took a wrong turn and was on the brink of closing it's doors,
or were they ?
I did find it odd that they were doing well enough to send in contributions to Obama, and Dodd, and even McCain.
They were doing well enough to work a deal with Geithtner and Dodd to make sure they could pass out millions in bonus checks as well
This side show soap opera has been played up tremendously by the Kool-Aid media, and the politicians looking to grab some brownie points with the public that is still in the dark about the big plans our new administration has in store for us
The contracts, and deals in the dark that were made over these bailouts will never reach the light of day, but what the government has done concerning these bonus payments worry me the most
As wrong as the bonuses sound to any of us, it was still part of a contract, a legal binding agreement, yet our government said we don't like the terms now, so give it back or we will tax it from you, and smear your names throughout the country
Tonight on The Glenn Beck Show, Glenn interviewed Richard Blumenthal, who is the Connecticut Attorney General , and I was shocked when Glenn asked him " What law did AIG break ? "
Rick may have some good intentions, but twisting the law to get what you want never works.
Anyone can interpret the law in their own way, lawyers make a fortune doing it every day, But our elected officials are to uphold the constitution, and follow it to the letter, not read it and say to themselves " Hmmm, well this will work for me if I exclude this group " .
Wagoner did pretty good on his way out of the GM office today, he walked away with over 20 million in compensation, so I guess GM will have to write him an IOU until Obama cuts them another check, right ?