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3-30-09 Apex, NC

This will be brief. The White House has a brand new (old) scapegoat. Now it is playing tough guy and hardball with the car business. Out is Wagoner. Fiat better be obliterated into Chrysler...

It is so easy to walk across the playground and pop the 40 pound first grader. Hit 'em while they are weaker and littler. Now, after today, the President can look like a tough guy.

The White House hard ball strategy should slap the Senate Finance Committee. They should pop Barney Frank. Get the paddle out for the fiscal sector NOT the car business. Smack the G-20 while they are all at the same luxury hotel. They should take the Treasury Department to the shed. Whack the oil industry as they enriched themselves on the way to $4.00 gas...

Fannie Mae and Freddie Mac, anything in a full service MEGA-bank like Bank of America needs a whup on the side of the head. How about lining up all those goofballs who let people have credit when they could not even pay attention, let alone their bills. These people in these houses could not even BUY their Mama's love let alone their mortgage. We car people were born at night... just not last night.

If you read this and do not join ADM CRAP, shame on you!!!

I am furious. Wagoner? Come on... He was going to exit down the road anyway, but the timing here stinks.

Get your own (White) House in order. Clobber the bankers who pushed weak paper. Obama is calling this announcement today the Auto Industry's last chance.

UNREAL!!!! I do not think I can calm down. I have something to say to our President and it is not STIMULUS.

Until the people TRULY responsible for the economic mess are brought to justice, these automotive strategies are simply CRAP...

Views: 33

Tags: Automotive/, Wagoner

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Comment by Jim Vogel on March 30, 2009 at 11:17am
Yes, I have taken the last 18 hours very personally and will do everything I can to communicate the new GM. Now is it GENERAL MESS, or GOVERNMENT MEDDLING?

I am torched...

Dealer
Comment by Jeff Simonton on March 30, 2009 at 10:31am
There is definitely something to the concept of removing people who are in charge of a money-losing process. That's where the United States government has its expertise... they've been spending our money and the money of our descendants for years. Of course, removing Wagner is not Obama's place, it is the shareholders or the board of directors (a number of whom appear to be heading out the door as well) duty to make that decision. This is all a big show, and I'll be so happy when we're all done beating up the auto industry in the media.
Comment by Jim Vogel on March 30, 2009 at 8:27am
The President is on now. His "team" will now help GM with its business plan. That is HEARTENING... And his "team" gives will again give Chrysler one more chance... I am sleeping better at night. And they will back the warranties like the Fed is backing up printing money... At least I am thinking that... Ane we "should" be able to write off taxes... That is just a start Sir... He is promising to "fight" for our business... What does that mean? We do not need fight but cooperation... He is creating a Car Czar Jr.... I am so excited... Now we have to shed our old ways... GREAT SPEECH... We need more than words....

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