Yes, having the government taking a hands on approach to business is the best thing in the world. Here is an article that proves it...
http://biggovernment.com/smotley/2011/08/04/bailed-out-gm-ceo-akerson-the-taxpayers-worst-nightmare/
from the article:
Behold General Motors (GM) CEO Dan Akerson – a man who obviously doesn’t adhere to this philosophy.
As we said back in March, Akerson is a foundational part of the Washington, D.C.-Wall Street crony capitalism nexus.
Akerson is not – and never has been – a car guy. He himself said so. What is he? He is a DC-connected, Wall Street hedge fund big coin guy.
Akerson’s immediately preceding gig was Managing Director and head of Global Buyout for the incredibly inside-the-Beltway-connected Carlyle Group.
This hip-joined relationship with the federal Leviathan means Akerson’s a cardboard cutout for the real CEO of Government Motors – U.S. Treasury Secretary (and yet another fellow DC-Wall Streeter) Tim Geithner.
And from all we have since seen, Akerson is one giant toe on the Huge Government, Obama Administration line.
We have for the last several weeks witnessed the federal government engage in a debt ceiling debate. The warped focus throughout has been “How will this affect Wall Street?”
Almost never has it been “How will this affect taxpayers?”
In the end, We the People are being force fed a deal that pleases Wall Street – and leaves the taxpayers on the hook for another $10 trillion.
Government Motors – under Akerson – is similarly situated. The absolute last thing about which they seem to care is We the People. We stand to lose between $11 and $13 billion on our generous – conscripted – GM bailout.
And we get the distinct impression that Akerson couldn’t care less.
”We are in the midst of transforming an iconic American company so 20 and 30 years from now (taxpayers) will look at this company and they’ll say, ‘Absolutely it was the right thing to do,’ ” Akerson said. ”And it shouldn’t be measured on did it sell for $43 or $53 (a share) or did they lose a couple billion dollars?”
Can’t you just feel the compassion for us Little Guys? How about now?
“You know what I’d rather have them do – this will make my Republican friends puke – …we ought to just slap a 50-cent or a dollar tax on a gallon of gas.”
Bask in the warmth.
Akerson in part wants this huge gas tax hike to herd us sheep into his expensive, unprofitable hybrid Chevy Volts – in which we have thus far shown very little interest.
Here’s some more of Akerson’s glow:
“I think you need to cut the hell out of the budget and you’ve got to increase taxes…on everybody.”
That’s all of us – the people who bailed out his failing company to allow him to now make such fabulous pronouncements.
In all of this does Akerson sound just like any other lackey for the Obama Administration. Which of course he is.
“I can’t go on (television). I’m toxic. I’m like a lightning rod. I couldn’t have an intelligent discussion without someone saying, ‘He’s a welfare guy from the bailout.’“
http://biggovernment.com/smotley/2011/08/04/bailed-out-gm-ceo-akerson-the-taxpayers-worst-nightmare/
from the article:
Behold General Motors (GM) CEO Dan Akerson – a man who obviously doesn’t adhere to this philosophy.
As we said back in March, Akerson is a foundational part of the Washington, D.C.-Wall Street crony capitalism nexus.
Akerson is not – and never has been – a car guy. He himself said so. What is he? He is a DC-connected, Wall Street hedge fund big coin guy.
Akerson’s immediately preceding gig was Managing Director and head of Global Buyout for the incredibly inside-the-Beltway-connected Carlyle Group.
This hip-joined relationship with the federal Leviathan means Akerson’s a cardboard cutout for the real CEO of Government Motors – U.S. Treasury Secretary (and yet another fellow DC-Wall Streeter) Tim Geithner.
And from all we have since seen, Akerson is one giant toe on the Huge Government, Obama Administration line.
We have for the last several weeks witnessed the federal government engage in a debt ceiling debate. The warped focus throughout has been “How will this affect Wall Street?”
Almost never has it been “How will this affect taxpayers?”
In the end, We the People are being force fed a deal that pleases Wall Street – and leaves the taxpayers on the hook for another $10 trillion.
Government Motors – under Akerson – is similarly situated. The absolute last thing about which they seem to care is We the People. We stand to lose between $11 and $13 billion on our generous – conscripted – GM bailout.
And we get the distinct impression that Akerson couldn’t care less.
”We are in the midst of transforming an iconic American company so 20 and 30 years from now (taxpayers) will look at this company and they’ll say, ‘Absolutely it was the right thing to do,’ ” Akerson said. ”And it shouldn’t be measured on did it sell for $43 or $53 (a share) or did they lose a couple billion dollars?”
Can’t you just feel the compassion for us Little Guys? How about now?
“You know what I’d rather have them do – this will make my Republican friends puke – …we ought to just slap a 50-cent or a dollar tax on a gallon of gas.”
Bask in the warmth.
Akerson in part wants this huge gas tax hike to herd us sheep into his expensive, unprofitable hybrid Chevy Volts – in which we have thus far shown very little interest.
Here’s some more of Akerson’s glow:
“I think you need to cut the hell out of the budget and you’ve got to increase taxes…on everybody.”
That’s all of us – the people who bailed out his failing company to allow him to now make such fabulous pronouncements.
In all of this does Akerson sound just like any other lackey for the Obama Administration. Which of course he is.
“I can’t go on (television). I’m toxic. I’m like a lightning rod. I couldn’t have an intelligent discussion without someone saying, ‘He’s a welfare guy from the bailout.’“
