The head of Government Motors (formerly known as General Motors) has *resigned* under pressure from the White House. Translation: He got fired.
Frederick 'Fritz' Henderson was put in place as CEO by Obama back in March after the President fired former CEO Rick Wagoner. Can you say, "In violation of the Constitution?" Yes you can....
So since Obama bought GM with your money and for the second time in a year, the President is making a management change in his car company.
Take money from the government, get told what to do and how to do it by the government. It's all about power and control, Constitution be damned.
By the way, the Obama administration has the least amount of real world business experience in modern history. It's almost non-existent. Isn't that great?
Obama will continue to drive this once proud company into the ground.
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