Well, I for one was shocked to read that as part of the governement assistance program that will eventually funnel more than $18 billion into troubled General Motors Co., the govnerment has pushed out CEO Rick Wagoner.
In essence, the American public is now the largest shareholder in this troubled company and the man that ran up billions of dollars of debt while mishandling the company has now, for all practical puropses, been replaced by a man that is running up Trillions of dollars of debt for our nation.
You can read more about the announcement HERE.
Wagoner said in a statement early Monday that he was asked to "step aside" during a meeting with Obama administration officials on Friday, and he consented.
So, what do y'all think?
Has the government finally crossed the line, and...do you think that this will be the end of GM?


Yes to both! And it is too bad.
Rod05:28 PM CST