Monday, March 30, 2009

Pitchfork time!

Today there is outrage over the Obama administration's firing of GM CEO Rick Wagoner. Justified anger! Incipient fascism! It's the end of capitalism, and I was reminded that these free-marketeers were equally outraged when the noted Marxist Bush also fired the CEOs of publicly traded American corporations:

The U.S. government has previously requested the replacement of chief executive officers at American International Group Inc., Fannie Mae and Freddie Mac when they received aid.

Then-Treasury Secretary Henry Paulson replaced Fannie Mae CEO Daniel Mudd and Freddie Mac’s Richard Syron when he put the two mortgage-finance companies into government conservatorship in September. AIG chief Robert Willumstad left after a government rescue the same month.

Oooh, remember? And yet, strangely, I am having a hard time finding right-wing garment-rending over these events. Why is that? 

LATER: Do Conservatives Understand How Bankruptcy Works?

Permalink posted by Jonathan : 1:55 PM

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