Note: This first appeared in Breitbart.com's Big Government.
Recall the gi-normous Leftist kerfuffle kicked up around Republican Presidential candidate Mitt Romney’s utterly uncontroversial utterance:
“I like being able to fire people who provide services to me.”
Which is a perfectly reasonable perspective. So of course the Left went apoplectic.
Romney’s 'Like to Fire People' Comment Starts Verbal Bonfire
(Democratic National Committee Chairwoman Debbie) Wasserman Schultz, in a statement, slammed Romney for “saying yesterday he has thought he might get a pink slip and today that he likes to fire people.”...
A super PAC established by allies of President Obama put out a statement slamming Romney for his work at Bain.
D'oh! Romney Says 'I Like Being Able To Fire People' - Talking Points Memo
Bain of His Existence - Slate
Romney: I like being able to fire people! - Democratic Underground
The alternative to getting rid of people who stink on ice - embodied most often in governments, unions and government unions - is the Un-Fire-ables.
Federal Workers More Likely to Die Than Get Fired
Millions Wasted Paying State Workers to Do Nothing
New York Teachers Paid To Do Nothing: 700 Of Them
We the Taxpayers handed General Motors (GM) and Chrysler $82 billion in bailout coin - on which we’re poised to lose $30+ billion - ostensibly to save gigs. But from the outset, they’ve been canning people all over the place.
2009 was not a good year if you were a Republican-donating GM or Chrysler dealer.
(M)ultiple (auto bailout recipient Chrysler and General Motors) dealers who have been closed are found to have contributed millions to Republicans and mere hundreds to Obama....
"It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers. It really wasn't Chrysler's decision. They are under enormous pressure from the President (Obama)'s automotive task force," said attorney Leonard Bellavia.
And then there is GM Europe. Which has for years been dismal. And President Barack Obama-appointee CEO Dan Akerson has been doing his Grim Reaper impersonation.
GM intends to shed another 500 managers in Europe, adding to the 8,000 factory workers let go over the past three years as part of a massive though only modestly successful push to cut costs.
GM CEO Akerson Fired Opel Head on Europe Trip
Shakeup at Opel Continues, 2 More Execs Replaced
And here is the Leftist outrage at GMs proletariat carnage:
<Crickets chirping>
Akerson appears quite adept at laying waste to employees. How’s he doing at his day job - getting GM recovered from the bailout bankruptcy?
GM stock hits record low since IPO
The Detroit-based automaker’s stock price per share fell to as low as $18.85. Its previous low of $19 occurred in December....
During the company’s annual shareholder meeting last month, GM CEO and Chairman Dan Akerson said global economic uncertainty along with its troubled European operations and pension obligations were hindering the stock’s performance.
Wait a second. Akerson blames its “troubled European operations” for the plummeting stock. As we just discussed, GM Europe has been struggling for years. This is not a new phenomenon that would add inordinately to GM’s pathetic stock performance.
Wait another second. Akerson also blames its “pension obligations.” Which - while admittedly growing as their slice of the Baby Boomers retire - is also not a new phenomenon.
And it was a problem they should have been rid of after the bankruptcy. Except the Obama Administration eviscerated 200+ years of bankruptcy law to illegally carry forward the United Auto Workers (UAW) union contracts - in tact and fully paid.
In other words, the main thing that dragged down pre-bailout GM - is still dragging down post-bailout GM. Because the Administration wanted to pay off their Democrat cronies - with tens of billions of Taxpayer dollars.
All of which is a large part of why GMs stock price continues to tank. And herein is even more great news for We the Taxpayers.
We are still stuck with 500+ million shares of the stuff. For us to break even, they must be sold at $53 per. They debuted post-bankruptcy at $33 per. They closed on Tuesday at $19.02 per. Setting us up for a nearly $17 billion loss - just on the stock.
All of which begs a question. When will Akerson execute the most appropriate and important firing of all - himself?
Comment
Comment by Billy Bowlegs on July 26, 2012 at 4:07pm Don't buy any GE or GM product and see how quick they scream.
Comment by Phil McConathy on July 26, 2012 at 3:27pm America had better fire Obama or we"re in a heap big do do! We will be just as bad as socialist Europe is and America will no longer be a free country. Big Brother will be everywhere "helping" us do the " right" thing in accordance with an unelected bureaucrat in DC. Sure not the reason I served my country for 6 years to protect us from this type of tyranny. God help this country! I had been a GM buyer for over 25 years but sold my last GM product last year and will NEVER buy another one again. Unions survived and taxpayers got screwed.
Comment by Allen Evans on July 26, 2012 at 10:57am America bails out GM and GM moves to China . only 3 out of 10 cars GM makes are assembled in America . The plant I worked at . 1 mile long and a 1/4 mile wide, it all went to China , Mexico and India . GM Made money there for 50 years and all of a sudden it can't
Comment by Billy Bowlegs on July 26, 2012 at 10:19am OK TPN Folks; buy american.
Stopped by Cheverolt last week to check out the size and weight of vehicles.
Ask the sales people what was going to happen when they went Chineese.
Then I explained the delimmia I had with a three axel equipment trailer trying to just grease the hubs.
Hubs made in China, milled 1/10,000 difference that American Made seals; and, no one in the US Supplies the Chineese made seals. So, you either McGiver a Seal to fit, or do without and sling grease all over your equipment. McGiver (old AFRengineering method) methods are, take neo-preme and cut a seal with dies or take a di-grinder bit in a drill and wallot the hub out the 1/10,000 then use an American Seal. Takes from one to two hours per hub of hard nuckle skinning work to grind out six hubs. THANKS BUT NO THANKS CHINEESE!
BOTTOM LINE: If chevrolet goes over to China - don't buy one on the way back. It will be one big piece of trash.
One last idiot assembly line problem from Chevrolet. 1983 Chevrolet C10 Pickup. All bolts on the left side of the engine are metric; all bolts on the right side of the engine compartment are SAE (Standard American).
It takes different tools for each side of the truck to do the same maintenance repair. Have had the truck in the family for 22 years and we cuss Chevrolet every time we work on the truck.
SO, what's the big deal. Good damned riddance fo Chevrolet. Buy American. Buy FORD.
Comment by Lee Hoecherl on July 26, 2012 at 10:14am Yes it is a good thing to be able to fire people if they are not doing their job, that is why we want to fire Obama.
Comment by Monica Babcock on July 26, 2012 at 10:01am the sooner we fire the democrats the better. ok GM stockholders fire Akerson.
Comment by Neil Thomas Goeckerman on July 26, 2012 at 9:32am I am unable to speak the thoughts that are careening about in my skull. It is illegal to utter such words.
Comment by Billy Bowlegs on July 26, 2012 at 9:17am Dr. Carpenter;
Think of it this way, maybe they will fire themselves.
Once they succeed in destroying the Constitutin, they actually SUNDOWN their own existance.
Without the Existing Constitution as it is written, there will be no Supreme Court, no Executive Branch (and IRS), and no Congress.
It be best that these Idiots in Washington start thinking about this fact.
Comment by Andrew Cochran on July 26, 2012 at 9:08am Comment by Dr. Arthur W. Carpenter on July 26, 2012 at 8:51am It also begs the question, "When will we fire the the democrat party, lock, stock and barrel?"
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