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24 February 2010

The End of Cronyism in Detroit...

The Obama Administration, Democrats in general, and some Republicans have repeatedly and vociferously expressed their disgust at huge executive compensation packages.

Remember when President Obama dismissed Rick Waggoner from his position as CEO at General Motors?  That was shortly after the federal government and UAW takeover of the company.  They installed in his place Fritz Henderson.  Fritz had tons of experience, but was forced out only 8 months into his term of service.

Well, he's back. 

Is there no end to the gall of these people?  I have NOTHING AGAINST a person making $3,000 per hour!  It's the hypocrisy I can't stand.  How can the President, his Pay Czar, and his appointed patsy at GM let this happen?  Don't they remember that they're for the "little guy"?

Fritz Henderson is back at GM, for $3,000 an hour

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