This is scary

There have been more scary movies in theatres lately and I suppose the money behind those movies is motivated partially by the economy. The smart folks think scary movies do better in times of economic despair. Personally I don’t view the scary movies. When I flipped open drudgereport today I was uncomfortably scared to see Obama is now running American corporations that he feels have been misguided. Rick Wagoner was fired by obama recently because obama didn’t think Wagoner had done a good job as CEO of GM. Wagoner has been with GM since 1977 and CEO since 2003.

My frustration with this scenario is obama is taking the light off what is really wrong with this company and casting it on an undeserving scapegoat. GM needs leverage against the auto union and freedom in creating cars Americans want. Rather than fire the CEO of GM; why not fire the CEO of the United Auto Workers Union? The UAW is the heaviest weight GM is holding. If a runner was pulling a 50lb weight; you would not replace the runner with another runner in order to attain a faster speed. You would ostensibly cut the weight to ensure a faster speed. What has happened here is very telling. The weight is not going to change, folks. As a matter of fact; the weight will most likely get heavier, and in order to pull the weight the government is going to step in like performance enhancing drugs. The problem with performance enhancing drugs is they are unsustainable in the long term. Performance enhancing drugs clog up major arteries. They add pressure to the normally dynamic, yet stable system. This added pressure either results in premature, abrupt death or a slow painful death via corroded arteries and overuse injuries. I hope you all see the parallels here. I forgot to mention the powerful psychological disturbances that are caused by these performance enhancing drugs. Perhaps we can begin calling them Obamachoses. [obamachoses is plural for obamachosis or psychosis]

Is it just me? No the markets agree the move was wrong. Their opinion is loudly voiced by selling GM shares down 24% in one day. Confidence was stripped from this great American company in one fell swoop by a misguided dictator with ulterior motives.