The official "Regime" Symbol |
Ed Whitacre's resignation yesterday [08/12] leaves more questions than answers. Mister Whitacre had referred to General Motors as "Government Motors" during an August 5th promotion of the Chevy 'Volt.' The obama/Soros regime doesn't seem to get that actions have consequences--actual or perceived!
Ed Whitacre |
With GM on the verge of filing their 'S-1' with the SEC; a step in the procedure required to "go public" and issue new stock. The last thing a company with a pending IPO wants is the perception of instability in top management.
This is probably a stellar action by Mr Whitacre, who surely doesn't want to be in charge of obamaMotors during the dismal lifecycle of the Chevy Volt. With the economy in an obama/Soros inspired "Great Recession," who will be able to...or.... even want to, buy a Volt?? This car is priced $11,000 above the competition with 30% of the miles-per-charge of that competitor!! Even with the Taxpayer rebate of $7,500, this car will never be affordable!!!The official "Regime" Symbol |
One need only look to the 'bank failures' record of this regime to see that the "Clown Prince" surrounds himself with economically inept fascist CLODS!!
{MORE evidence that 'education' DOES NOT EQUAL 'intelligence!!'}During the last year of the hated, vilified, 'cowboy,' administration of former President George "Dub'Ya" Bush [2008] there were twenty-five--count'em...25--bank failures!!
Since the inception of the current regime, there have been 243 CONFIRMED bank failures; 133 during 2009 and 110 SO FAR in 2010!! But, "it's early, yet." The "Clown Prince" is on a pace to score a bank failure total of 191 through 12/31/'10!!
Is he trying to outdo his fascist mentor--FDR--who had a Depression Era, five-year total of 9,812 (1929-1934) bank suspensions?? HOPEFULLY, he'll never have the opportunity for a FIVE-YEAR total OF ANYTHING!!!
In all fairness (obama-Fairness is a conservative term; I don't expect you to understand or define it), the term 'bank suspension' means that a particular bank was closed for a period of time during a given year--NOT necessarily a complete failure.Oh, By The Way......
Rush Limbaugh recently got married in South Florida. He now has a Facebook page where 20 wedding photos can be viewed.
www.facebook.com/rushlimbaugh While you're there, register for a new I-Pad; he's giving one away each Monday, Wednesday and Friday, through the month of August!! AND--unlike the democRAT National Committee--ya don't have to donate five-bucks to register for JUST ONE!!
Registration can also be done on his show's website: http://www.rushlimbaugh.com/
Til Nex'Time....
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