From: Travis
Subject: Cagle Newsletter: RIP General Motors
Date: Friday, April 3, 2009,

  [image: THE CAGLE
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We have a great collection of cartoons called "GM CEO Out"
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*RIP General 
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by Martha Randolph
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Rick Wagoner has been laid off. The newly-former CEO of General Motors was
forced out by the Obama administration after failing to present a workable
strategy in exchange for a request of $16.6 billion in additional taxpayer
dollars on top of the $14.4 billion the company already received. The
unemployed CEO was tasked with reducing the debt over the past three months
and creating a plan that would further that resolve over the coming months.
Instead, the debt load increased.
Governor Jennifer Granholm, (D) of Michigan appearing on the Today show
after the news of his leaving the company referred to him as a 'sacrificial
lamb' apparently viewing him as a fallen leader who was forced to take one
for the team.
The team, in case the governor has forgotten, would be the hundreds of
thousands of hardworking Americans who are one step closer to losing their
jobs, pensions and medical coverage as a result of Wagoner's management
style. Let's review a little recent history.
Nothing about the car business happens quickly. That holds true whether the
cars are made in America or Japan or Germany. Designs have to be created,
discussed, refined and broken down into potential costs that cover a wide
range of issues. If even a tail light changes it affects what has to be
discontinued to make a space ... *READ
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*
------------------------------

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