Thursday, April 2, 2009

CEObama

I found the news that President Barack Obama, or someone in his administration, ousted GM CEO Rick Wagoner from his post to be somewhat shocking.

I neither own GM stock nor drive GM vehicles, so I did not follow the financial health of the company. I do not know if getting rid of Wagoner was the best thing, was a necessary thing or a foolish step.

However, that the government can tell a private company who to hire and who to fire is a troubling thing. For those who who think this is not an overreach of the government, but a prudent move designed to protect taxpayers' dollars, have you stopped to consider the logical conclusion of this type of government action?

What about those private companies that bid on public projects? Would the government be able to influence them? What about those citizens who rely on government assistance to pay rent? buy food? receive childcare? pay medical bills? Can the government now come in and tell us what types of activities we can engage in, not engage in, what foods to eat, etc.?

Can the government dictate to us how we shall behave or think because we are receiving money from it?

If Wagoner needed to go, the board of directors needed to do it.

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