SocraticGadfly: Obama beats up GM for faux populism

March 30, 2009

Obama beats up GM for faux populism

That's the argument the Detroit News strenuously makes about Obama forcing out Rick Wagoner as GM CEO, and putting the company on the clock, so to speak. And, the paper has some good points, above all, wondering if Obama is not creating a deliberate distraction from Wall Street issues.
He can portray himself as being tough on the corporate executives who are ruining America, without having to draw blood from the bankers.

That is at least possible, Obama killing two birds with one stone.

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