The Fraud of CEO Capitulation

Posted by JCE

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I've been quietly seething about this economic crisis for months, afraid to tackle it publicly because the root cause is too deep for me to reach and the blame has spread far and wide. But this was sent to me by a friend and it caused a blood vessel to pop in my head:

GM CEO Drives a Chevy Volt to Washington...Sort Of

Here is the gist of it: GM CEO Rick Wagoner, aka Douchebag Supreme 3, drove a Chevy Malibu from Detroit to D.C. after getting publicly spanked for taking his private jet to the last "Please help us, we are soooo poor!" meeting. Except, for the last few miles he drove a Chevy Volt with a Chevy Cruze body, which he had shipped to him for this purpose. His intent was to use the opportunity as a PR move to showcase the new vehicle. Yeah, that's nice until you consider the fact that the Cruze isn't even available for fucking purchase and probably won't be for some time. Sooo....Mr. DbS3 gets his weiner up flapping in the breeze about what a role model he is for GM by driving a car that does not exist. Smooth move, buddy.

According to Jalopnik, Wagoner will drive the Volt mule from his Washington hotel to "a 9:30 AM rally at the corner of Delaware Ave. and C street just outside the Russell Senate Building."

That's a distance of just a few miles, probably at speeds below 25 mph - so it still won't come close to showing us how close the Volt prototypes may be to finished products. The fact that Wagoner didn't drive one from Detroit, but apparently had it shipped to Washington in order to drive the last few miles, may be an indication that the Volt program has a long was to go to keep its promises.

The auto industry has been in trouble for a long damn time and they are using the current economic situation as a bullshit excuse to get in line with all the other white collar criminals to ask for money that they do not deserve. They have driven themselves into this hole and their pathetic gestures of $1 salaries are just that: pathetic. To give them some credit, though, at least they haven't taken any multi-million dollar vacations. Yet.

As long as the wealthy, fat fuckers continue to dry hump each other this economic crisis will never resolve itself. A grip on reality is nowhere to be found in certain sectors during the financial crisis and subsequent corporate socialism that has occurred. Socialism that they will decry as being 'unAmerican', yet the only people who seem subject to capitalism these days are the small business owners - the concept on which 'The American Dream' is advertised. Sadly there is never any bailout money for these people when large business spread like a cancer and force them out of business.

Plus, nearly every business I know now uses economic boom years as their growth standard. If a company does particularly well one year, the CEO’s announce that their sales must exceed prior year by 20% or more the next year, entirely ignoring the fact that prior year was well above projected growth amounts. Greed wins out and then they are stumped when the whole thing falls apart.

They wonder why the blame is lumped on them when they may not be wholly responsible for the crisis; it is because they are the epitome of all that has CAUSED the crisis. Their actions indicate the very core of how the situation arrived where it is. I am a conservative in some things, money is one of them and those criminals at the top of the business chain and the ones in D.C. claiming to be conservatives can all go straight to hell as far as I am concerned. They are not conservatives! They are leeches who need to be plucked from the body of the U.S. economic system and allowed to wither and die before they suck the very life out of it.
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