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To: fishweed who wrote (39670)3/29/2009 5:30:13 PM
From: zoeie  Respond to of 48461
 
Well if Russia, China. So America, Europe want
an international currency, I for one would welcome
all of our manufacturing and IT back to the good
old USA. I'm out of the loop but a little
protectionism sound pretty good to me.
In the long run I think that outsourcing just
doesn't do that much good.jmho



To: fishweed who wrote (39670)3/29/2009 8:56:30 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Speaking of GM and Govt control of handouts that are keeping them afloat>
The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.

The White House confirmed Wagoner was leaving at the government's behest after The Associated Press reported his immediate departure, without giving a reason.

General Motors issued a vague statement Sunday night that did not officially confirm Wagoner's departure.

"We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement," the company said