Wednesday, April 1, 2009

You're Fired!


Listening to conservative talk radio today was a real treat. Hearing them carp about President Obama giving GM CEO Rick Wagoner his walking papers was rich. They were talking about that "slippery slope" we hear so much about. Should the government become that involved in the affairs of a company?

By the way, these are the same people that are all for the government telling a welfare mother she must work and raise her kids at the same time to get a paltry check and food stamps. These conservatives are outraged when Wagoner is sent packing by Uncle Sam with $23-Million in exit goodies. No outrage when the government tells the "welfare queen" she must get a job to get some government cheese. Now I may not be as smart as some of these folks, but it seems like the same issue to me.

A couple of things to remember about GM and Wagoner. They invited Obama and the government to the party. As many a dad has said through the history of handouts; "As long as you live under my roof and take my money, you will live under my rules." You know the Golden Rule. Them that got the money rule. In this case it's the government.

Just like those who require personal welfare, GM has surrendered some rights in its excepting billions in government handouts. For anyone to be complaining about that now I find hard to believe. Wagoner has presided over the largest slide in GM's value in history. Last I checked the company stock sat near two bucks a share.

I think Obama probably did Wagoner a huge favor. I'm surprised the shareholders weren't massing outside that spiffy building in Detroit with torches and pitchforks. What's better, getting sacked with a $23-Million dollar parachute or facing a barrel of tar and a bag of feathers?

I have often heard these narrow-minded Rush clones spout their venom about getting tough on welfare recipients who abuse the system. They say that a clear message must be sent. That examples must be set. That lessons must be learned.

In this case I guess I agree with them. I believe that President Obama has decided to get tough on a welfare recipient. A clear message has been sent. An example has been set. We'll find out soon if a lesson has been learned.

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