Think about this for a moment. The government says it will help your company, but only if the CEo steps down. The government tells a private business how to operate, or else. And they flinch.
General Motors Corp Chief Executive Rick Wagoner will resign from the top job at the struggling automaker, a person familiar with the matter said on Sunday, just a day before the U.S. government makes a key announcement on whether it will extend more aid.
The person, who declined to be identified because the decision has not been made public yet, did not provide further detail.
You may as welcome socialism people, because you voted for it.
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