Tuesday, March 31, 2009

Wagoner firing is sideshow to cover for mistakes

"Firing Rick Wagoner is a sideshow to distract us from the fact that the administration has no progress to announce today. The administration is hoping the media and the public will stay focused on Wagoner and fail to notice that negotiations have not progressed since December.

The administration is pursuing much of what we pushed for in December, but the delay of several months has increased the severity and sent billions of taxpayer dollars down the drain. Now any investment is likely unrecoverable and we are putting more and more jobs at the OEMs (original equipment manufacturers) and the supply chain at risk in a politically charged environment.

With sweeping new power the White House will be deciding which plants will survive and which won't, so in essence, this administration has decided they know better than our courts and our free market process how to deal with these companies."

http://www.realclearpolitics.com/articles/2009/03/wagoner_firing_is_a_sideshow_i.html

No comments: