GM, now renamed Government Motors, has a new CEO: President Barack Obama.
By replacing the head of the company and demanding a restructuring of its board in return for further TARP aid, Obama has taken upon himself the responsibility for the future of the company. As Gen. Colin Powell said when Bush was considering invading Iraq and toppling the Saddam Hussein government there: “If you break it, you own it.” Now it is Obama’s company.
Wednesday, April 01, 2009
OBAMA, GM: YOU BREAK IT, YOU OWN IT at DickMorris.com
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