Originally Posted by WSJ
The Obama administration said Monday that the embattled auto maker aims to replace "a majority of the board over the coming months." Federal officials also confirmed the appointment of Kent Kresa, a GM director since 1993, as its interim board chairman.
Now that GM is accountable to the administration alone, or will be once Obama replaces the rest of the board, the Camaro will be my last GM car purchase. The future cars coming out of GM will be nothing more than the administrations attempt to force "Green tin cans" down everyone's throats. GM has more high MPG vehicles than most companies out there yet because they went on the government cheese their entire business model is about to change to something never before seen. The high performance vehicles such as the Corvette and the Camaro do not fit this new model (read as agenda) and I fear that some time down the road they shall not survive the "scalpel" of the Prez's new GM board members. I draw the line at buying government cars backed by government warranties while the administration delights in the dismantling of a great automobile company. Cheers to the future my friends:
Obama: Uhhh...hello Fritz?
Fritz: Yes...Mr. President?!?
Obama: Yeah...uhhh...I got the financial reports today and...uhhhh....what is going on with these sales figures?
Fritz: Well sir...the hybrids just aren't selling as well as we thought they might but our truck division has really made up a lot of ground. The numbers could have been a lot worse si.......
Obama: Fritz! we really need to push those hybrids...they are the future. Our agenda...uhmmmm....nation is depending on you.
Fritz: I am not sure what you want me to do Mr. President. We have crunched all the numbers, looked at all the possibilities.....
Obama: What about some of these trucks we are building... Can we phase them out? Maybe a GM SMART car?!?
Fritz: Sir, trucks are the only thing keeping our head over water right now and I really don.....
Obama: Well Fritz, if you can't do it, I will bring someone else in who can!!!
Fritz: Mr. Prez, I am doing the......... Hello? **looks at phone** Hello????
It is truly a sad day which will only get worse in the coming years. Obama already has one key component to what he needs for the "Green" future....a car company. Too bad it has to be my beloved GM.
....Flame away boys, flame away!