Such spinning in the political world is going on now and I am sure there will be more to come over this week.


Well if you haven’t been listening to the news over the past few days, actually this past Sunday, is when the proverbial feces  hit the fan.


Yes Virgina,  Congress and President Obama have asked the CEO of GM (General Motors) to step down.  That’s it dude you’re outta here!


Rick Wagoner, CEO of  GM has been relieve of his 9 plus year tenure at GM.


In a news conference on Monday, March 30th President Barack Obama laid out the plans to move forward and why Wagoner was removed from his tour of duty.   When I saw the news on the net on Sunday I was numb.  Not from the shock of him being let go but from the thought that something is being done, someone is listening and it is going to be darkest before dawn.


There was no condemnation against Wagoner.  There was a urgent recognition for a new change over next 60 days for the money to produce a better business plan and clean up balance sheets.
I couldn’t wait to hear what President Barack  had to say! I was waiting and waiting. Here it is below see and hear for yourself.


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So my mind went wondering. Why? Well I know that if you ask the government for something the government is going to want something in return.  Can you say student federal grants?  Title 1 monies and the list can go on.  Some would call that accountability of some sort.  I am not quite convinced of that but it behooves one to be aware of this commitment up front if you are asking the government for help.  Just like when you apply for a loan, credit card, mortgage etc you get the point.


Is this something that Wagoner expected while continuously asking for billions and billions of bailout money? Was he paying attention?


What of Chrysler?


Stay tuned for Part Two……


“Evolve”

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