The Daily Switch

Here We Go Again

Posted by Ender on March 30, 2009

What exactly does Obama know about running a car company? As far as I can tell he has never worked in the industry. And what about Geithner? Does he know anything about running a car company? I’m pretty sure he has never worked in the industry either. So, why am I supposed to believe that these two guys know the first thing about getting the car industry back on track?

Obama’s latest battle in the War on Business is over who can run General Motors. “The Obama administration used the threat of withholding more bailout money to force out General Motors Corp. Chief Executive Rick Wagoner.” (Wall Street Journal) Obama and his team have decided that Wagoner (former CEO of GM) is no longer fit to run the company. Which brings me back to my initial question: What exactly does Obama know about running a car company? Why is it not arrogant and ignorant of Obama to presume that he knows more than the board who hired and has the power to fire Wagoner?

I can already hear the chorus of complaints: (when reading, please muster a nasally, whiney voice) “If GM is taking our money then we should have say in who runs it”, “they couldn’t get it right, let’s give Obama a chance”, blah blah blah.

The auto industry with Obama at the wheel?

The auto industry with Obama at the wheel?

Bailouts do not give the government the right to micromanage the day to day operations of the business that receive the bailout. We don’t need or want Obama to make the hiring decisions for these companies. He knows absolutely nothing about the auto industry. He knows absolutely nothing about running a business. Geithner knows absolutely nothing about the auto industry. I think Geithner has had real jobs in his past so I’m not going to say he knows nothing about running a business, yet.

This is why controlled economies do not work, ever. You have uniformed people making decisions on behalf of other people and businesses. Please President Obama, no matter what you have heard and what the media have told you, you are not omniscient. Just leave business to people who have actually worked in the industry before, thanks.

Mickey Kaus asks the following pertinent questions “won’t Obama now “own” the GM problem? If the company shuts down in the near future, costing tens of thousands of blue collar jobs, it will be under executives implicitly or explicitly chosen by Obama. It will be Obama’s failure, not simply GM’s failure, no?”

I have posed several questions in this post. Just to make sure everyone is on the same page with the answers…Obama and team know nothing about the auto industry and should not be taking a role in running it. Obama and team will be responsible for its inevitable failure.

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4 Responses to “Here We Go Again”

  1. thingsthatreallypissmeoff said

    What the **** does Rick Wagoner know about running a car company? Obviously not a lot as he ran GM into the **** hole.

    You conservatards are an embarassment to society.

  2. Ender said

    Brilliant! Great argument. Just, bulletproof.

    For all those keeping track out there, this would be filed on the second example of the chorus of complaints in the post.

  3. Emerson said

    That picture is dangerous… you see a leftist would see that and say Obama is brilliantly driving the auto industry “through the roof”

  4. […] Geithner and Bernanke disagreed on was which of them should have the power. In another post I wrote I talked about how Obama and his team decided that they knew more about the auto industry than the board of […]

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