Out of here. Bye-Bye. Take the money and drive. Don’t look back. Accelerate the positive. Rick Wagoner, the Chief Executive of General Motors is reportedly set to leave his job just as the Ob administration (that’s Obama administration for those not in the know) is prepared to announce yet another bailout of America’s rotten to the tail pipe auto non-industry.

brian toad photography

brian toad photography

Wagoner has been behind the steering wheel of GM during a time when the company lost more than $82 billion since 2005.

No one is saying it for the record, but it certainly appears as if Wagoner’s leaving was orchestrated by the White House as the price to be paid for more taxpayer funding.

Wagoner took over more than eight years ago. Since then, GM shares have nosedived some 95 percent.

I’d say Wagoner is a prime candidate for a big bad wad of bonus money, wouldn’t you?

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