King Obama Canned GM CEO Without Even Consulting Congress
What does Obama need Congress for? He’s The One.
Sen. Carl Levin (D-Mich.), a fierce defender of the auto industry, says he was disappointed to see Rick Wagoner pushed out as chief executive of General Motors.
Levin also says there was no input from Congress on the Wagoner matter, and that President Barack Obama had already made up his mind when he informed a select group of lawmakers of his auto industry restructuring plans.
“There wasn’t much point in arguing whether it was fair or unfair,” Levin said, since the matter had already been decided.
Levin, who learned of the plan Sunday night in a conference call with the president, said Monday that one of the most “striking points” of Obama’s decision was that he is “absolutely committed” to seeing U.S. automakers lead the world in the next generation of cars.
Personally, I think Wagoner deserved to go. But the fact that the government, the President in fact acting unilaterally with an unprecedented amount of executive power, just canned a private sector executive is troubling.
I don’t think Congress or the President or anyone in government should be firing people like Wagoner. Nor do I think that Congress or the President or anyone in government should be protecting the jobs of people like Wagoner.
The government should, frankly, keep its nose out of the private sector.
