OBAMA Sacks Head GM America. - Page 2

Bent8 · 30-03-2009, 10:16 PM

For those that think Obama is going to fix anything, I'd highly recommend watching "The Obama Deception" first, then see what you think of him.

Obama doesn't call the shots (he may think he does though), his "controller's" indirectly get him to do what they want. He will be used as a scape goat when the financial markets crash and another "President" will be appointed into the Whitehouse to continue the Bilderberg groups' bidding.

This is not about saving GM or any other car maker, it's about consolidating power into the hands of the few and turning us into their slaves!

Talk of nationalising the major banks, Govt's sacking CEO's and making them return bonus payments, sounds like a dictatorship to me!...but never in the Home of Brave, Land of the Free??

Sounds pretty far fetched doesn't it?...I sure hope it is!!

Windsor220 · 30-03-2009, 11:55 PM

Quote:

Originally Posted by chevypower

Next, Obama will be designing the cars, naming them, and arranging the production specs.

So the Commodore name is gone replaced with the Holden Obama. Has a ring to it.

**Elks** · 31-03-2009, 12:30 AM

Quote:

Originally Posted by XplosiveR6

When the Government are the ones keeping these companies alive with their cash of course they have the right to sack the CEO's.

He who pays the piper call the tune....

If Wagoner was so brilliant why after 6 years at the helm are they begging for money.

GK · 31-03-2009, 12:33 AM

Quote:

Originally Posted by Bent8

For those that think Obama is going to fix anything, I'd highly recommend watching "The Obama Deception" first, then see what you think of him.

Obama doesn't call the shots (he may think he does though), his "controller's" indirectly get him to do what they want. He will be used as a scape goat when the financial markets crash and another "President" will be appointed into the Whitehouse to continue the Bilderberg groups' bidding.

This is not about saving GM or any other car maker, it's about consolidating power into the hands of the few and turning us into their slaves!

Absolutely!

I watched that myself over the weekend. Very interesting to say the least.

GK

snappy · 31-03-2009, 12:43 AM

Glad you boys watch that doco to , Obama deception. When ever i hear the mans name spoken now just make me wonder . cant help to think is there a other motive behind this .

Falc'man · 31-03-2009, 12:43 AM

Quote:

Originally Posted by XplosiveR6

When the Government are the ones keeping these companies alive with their cash of course they have the right to sack the CEO's.

The same government that kept the banks alive with the 10 trillion dollar bailout during the credit crisis, a bailout that was supposedly going to put an end to the credit crunch which everyone on earth was to be affected by?

What happened to the $10 trillion? And why isn't the US government now controlling these select few banks? The question is simple, and so is the answer.

Simply put, as Bent8 suggests, Obama is a puppet, just like the blokes before him. But I must disagree on one thing, Bent8; a slave is given more dignity.

snappy · 31-03-2009, 12:52 AM

you cant expect obama to get rid of the banks ceo's . Would not be very nice after they gave him his job.

GK · 31-03-2009, 01:23 AM

Quote:

Originally Posted by snappy84

Glad you boys watch that doco to , Obama deception. When ever i hear the mans name spoken now just make me wonder . cant help to think is there a other motive behind this .

It's rather naive to think that the free market economy is really free. It's also crazy to think that people, businesses, huge conglomerates etc, etc, will not try to exercise their power to get more and control as much as they can.

Our own leaders have to have some serious backing to get to the top. It's Interesting that Rudd is making the same noises as Obama, especially with the raft of taxes about to be imposed with the great charade of GW.

I guess the people have to be afraid before they will easily give up their freedoms and money. Frightened people are far more controllable. Nothing scares people like a global threat!

GK

snappy · 31-03-2009, 01:32 AM

Quote:

It's Interesting that Rudd is making the same noises as Obama, especially with the raft of taxes about to be imposed with the great charade of GW.

Can you elaborate on this please. did not quite get what you meant.

vztrt · 31-03-2009, 01:51 AM

As the tittle says.

http://news.theage.com.au/breaking-n...0331-9h7g.html

Quote:

Fritz Henderson confirmed as new GM CEO
March 31, 2009 - 12:29AM

Troubled US auto giant General Motors confirmed that its president and chief operating office Fritz Henderson would be moving into the role of chief executive officer, replacing outgoing CEO Rick Wagoner.

A statement by Detroit, Michigan-based GM's board of directors said "the board has recognised for some time that the company's restructuring will likely cause a significant change in the stockholders of the Company and create the need for new directors with additional skills and experience."

The GM board also stated its intention "to nominate a slate of directors for the next annual meeting that will include a majority of new directors."

The switch comes ahead of a major announcement by President Barack Obama on the future of the US car industry, which has seen sales plummet more than 35 per cent amid the country's worst recession in decades.

Obama is expected to lay out the terms for continued government support of GM and Chrysler LLC. GM has already received $US13.5 billion ($A19.62 billion) and Chrysler $US4 billion ($A5.81 billion) in emergency loans.

Wagoner, who had held the post since 2000 as the US auto industry steadily lost ground to Asian rivals, has agreed to step down as part of the government's condition to continue helping the country's largest car maker, the Detroit Free Press and other newspapers reported, citing unnamed officials.

"On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I 'step aside' as CEO of GM, and so I have," Wagoner said in a Monday statement.

"Fritz Henderson is an excellent choice to be the next CEO of GM.

Having worked closely with Fritz for many years, I know that he is the ideal person to lead the company through the completion of our restructuring efforts."

A son of a GM sales manager, Henderson, 50, has held a number of positions with the company in nearly all continents.

As head of the GM subsidiary Opel from mid-2004 through the end of 2005, Henderson restructured the company, trimming around 10,000 jobs and bringing it back to profitability for the first time in nearly five years.

Wretched · 31-03-2009, 02:07 AM

Quote:

Originally Posted by snappy84

Can you elaborate on this please. did not quite get what you meant.

The taxes and penalties that Comrade Rudd will be imposing upon us in his fight against the phantom crisis, global warming.

**Fordman1** · 31-03-2009, 07:27 AM

Quote:

Originally Posted by Bent8

For those that think Obama is going to fix anything, I'd highly recommend watching "The Obama Deception" first, then see what you think of him.

What a load of rubbish.

Any crackpot can put a documentary together with little substance.

I suggest believers in that junk get a grip and have a think about what is more likely.

A huge conspiracy, or something a lot more normal......?

cob115 · 31-03-2009, 08:16 AM

Quote:

Originally Posted by Barraxr8

What a load of rubbish.

Any crackpot can put a documentary together with little substance.

I suggest believers in that junk get a grip and have a think about what is more likely.

A huge conspiracy, or something a lot more normal......?

i agree bent8 Obama is a populists/socialist moron,just like our comrade rudd .
who wont fix this problem only make it 1000 times worse,History tells us this is so ,and there actions prove it.
need that fat michael morr to do a movie doco on obama/rudd exposeing there web of crap,lies,mistruth,imcompitents ,but that wont happen ,him and his kind are only intrested in hiding the truth,at the expence of freedom.wonder what there next great idea will be ?Obama Rudd give me the S@#TS

3vXT · 31-03-2009, 08:44 AM

Quote:

Originally Posted by chevypower

Next, Obama will be designing the cars, naming them, and arranging the production specs.

It begins....

(makes me lol every time i watch it

)
http://www.youtube.com/watch?v=F_VIm...layer_embedded

Daymoe · 31-03-2009, 08:50 AM

You can't really complain since you guys are the one who voted Rudd in, in the first place.

**Fordman1** · 31-03-2009, 09:03 AM

Quote:

Originally Posted by cob115

i agree bent8 Obama is a populists/socialist moron,just like our comrade rudd .
who wont fix this problem only make it 1000 times worse,History tells us this is so ,and there actions prove it.
need that fat michael morr to do a movie doco on obama/rudd exposeing there web of crap,lies,mistruth,imcompitents ,but that wont happen ,him and his kind are only intrested in hiding the truth,at the expence of freedom.wonder what there next great idea will be ?Obama Rudd give me the S@#TS

But I bet his Spelling and Grammer are acceptable

cob115 · 31-03-2009, 09:14 AM

Quote:

Originally Posted by Barraxr8

But I bet his Spelling and Grammer are acceptable

i wish i was smart like you and obama

prydey · 31-03-2009, 10:19 AM

http://www.news.com.au/business/stor...-31037,00.html

i guess he's been there a while but $29m... come on!

last fairlane · 31-03-2009, 12:15 PM

I heard GM were going to abandon Saab and cut them loose would it make them a better company they still make fighter planes dont they?
and if GM cut Holdens loose wouldnt they survive with Commodore and HSV and so on GM Aus might be better off
Any one think like that maybe it could be a plan or maybe not
and wasnt Rick on $1 a week wages is the new guy Fritz gonna get the same wages also how much handshake after 30 years

steamin63 · 31-03-2009, 12:38 PM

Quote:

Originally Posted by cob115

i wish i was smart like you and obama

yah, i rekon he read an rite reel good. lol.

Watto_Cobra · 31-03-2009, 01:35 PM

Quote:

Originally Posted by last fairlane

... how much handshake after 30 years

Heard on Bloomberg this morning Wagoner will get $20.2m USD after resigning.

prydey · 31-03-2009, 01:38 PM

Quote:

Originally Posted by Watto_Cobra

Heard on Bloomberg this morning Wagoner will get $20.2m USD after resigning.

read post 48.

Watto_Cobra · 31-03-2009, 01:44 PM

Whoops.... forgot to scroll up. :togo:

snappy · 31-03-2009, 02:07 PM

Quote:

Any crackpot can put a documentary together with little substance

I agree, but can any crack pot put one together with a lot of substance.
Two many coinicidences for me to believe that doco doesnt have any truth in it.
Take 50% truth from obama take 50% from the doco and it still not a good outcome for us.

FPV+fteT3 · 31-03-2009, 02:40 PM

Quote:

Originally Posted by Watto_Cobra

Heard on Bloomberg this morning Wagoner will get $20.2m USD after resigning.

Imagine what he would have got if he did even a half *** job?

20m for running a company the size of GM to the brink of bankrupcy and get a golden handshake like that I want that job I wouldn't know what I was doing but neither did he..... LOL

crYnOid · 31-03-2009, 03:15 PM

One thing that hasn't been considered is that if GM makes it through bankruptcy they will have much lower labor costs, legacy cost, almost no debt and a much more focused product lineup.

That will leave ford at a huge disadvantage....

snappy · 31-03-2009, 03:22 PM

Quote:

Originally Posted by crYnOid

One thing that hasn't been considered is that if GM makes it through bankruptcy they will have much lower labor costs, legacy cost, almost no debt and a much more focused product lineup.

That will leave ford at a huge disadvantage....

almost no debt what about the 30 billion they borrowed from the goverment.
A lot less options for there newer models . No performance devolpment wing anymore and the only car ive heard about is the volt . Give them 20 or 30 years they might end up back on top

4Vman · 31-03-2009, 04:07 PM

Quote:

Originally Posted by crYnOid

One thing that hasn't been considered is that if GM makes it through bankruptcy they will have much lower labor costs, legacy cost, almost no debt and a much more focused product lineup.

That will leave ford at a huge disadvantage....

What you think they can just walk away from the debt and borrowings, continue trading and sail off into the sunset???

:

crYnOid · 31-03-2009, 04:44 PM

Quote:

Originally Posted by 4Vman

What you think they can just walk away from the debt and borrowings, continue trading and sail off into the sunset???

:

That is what the us gov. is setting them up to do.

What the us gov. is expected to do is split GM into Good GM and Bad GM. Good GM gets all the good bit of the current GM and a clean slate. Bad GM gets all unprofitable parts, legacy cost, unwanted dealer and bonds and is liquidated.

Dr Smith · 31-03-2009, 06:29 PM

Quote:

Originally Posted by chevypower

Will it be 4 or 8 more years of socialism?

Considering this whole financial mess started under the leadership (NOT) of neo conservatives that had blind faith in "let the market rule" without enough regulatory oversight where short term reward for outlandish investment schemes have finally fallen over like a wet pack of cards then I say...socialise eveything until the mess is cleaned up and then sell off with powerful control levers in place....