President of the United States directs a private citizen to quit his job
If government chooses not to abide by the limits imposed on it by the Constitution, then that government has NO limits.
For those of you who believe that "It was best for the country that he step down, so that makes it OK for govt to tell him to leave" is an acceptable excuse, see the first sentence in this post.
Let's see... The Obama admin chose to decide which comapnies could fail and which couldn't, then made it so by doling out a trillion or more US dollars to the lucky ones.
Then they decided to control the salaries of some of the employees. Not many... but how long will that limit be in place?
Now they've decided to take the responsibility of deciding who can work where. Again, they haven't applied it to many... yet.
Keep in mind, though, that now that they've successfully violated the 10th amendment's prohibition on interfering with a private company's internal operations (salaries, hiring & firing etc.), we no longer have a government that is held back by the law. Instead we have a government that does not interfere even further, only because it has decided on its own not to do so... for now. This is the difference between the "Rule of law" and the "Rule of men". And the U.S. government has come down firmly on the wrong side of that difference.
Remind me again why I should NOT think we are careening headlong into a socialistic form of government?
When you ignore the limits impose on the American government by the Constitution, you wind up with a government that has NO limits. We're not there yet... but the light at the end of the tunnel, is looking more and more like an approaching train. An EXPRESS train.
---------------------------------------------------------
http://www.politico.com/news/stories/0309/20625.html
GM CEO resigns at Obama's behest
by MIKE ALLEN & JOSH GERSTEIN
3/29/09 5:23 PM EDT
Updated: 3/29/09 7:53 PM EDT
The White House confirms Wagoner is leaving at the government's behest.
The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.
On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.
The White House confirmed Wagoner was leaving at the government's behest after The Associated Press reported his immediate departure, without giving a reason.
General Motors issued a vague statement Sunday night that did not officially confirm Wagoner's departure.
"We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement," the company said.
The surprise announcement about the classically iconic American corporation is perhaps the most vivid sign yet of the tectonic change in the relationship between business and government in this era of subsidies and bailouts.
Wagoner has been CEO for 8 years and at GM for more than 30. It is not yet clear who would replace him, or what role the administration would play in that process.
Industry sources had said the White House planned very tough medicine in Monday's announcement, which turned out to be an understatement. And it went to the very top. The measures to be imposed by the government will have a dramatic effect on workers, unions, suppliers, bondholders, shareholders, retirees and the communities where plants are located, the sources said.
(Full text of this article can be read at the above URL)
Reply With Quote
Originally Posted by April15
