PRESIDENT OBAMA SHOWED LEADERSHIPSHIP AND COURAGE

The obvious thing to do in fixing Gm was to get rid of Rick Wagoner but it took leadership on the part of the President to do it. Wagoner was intelectually lazy and didnt have the skills needed to be chairmen of a big industrial company. A few months ago he made the admission that he was bad at looking out into the future and figuring out what kinds of cars would sell well. Thats like the head surgeon saying he really isnt good at making incisions. Well thats the job. And Wagoner was a paper shuffler and not a vissionary or a good automobile excutive. President Obama showed leadership in forcing Wagoner out. Look at what Gm has become under Wagoners leadership, a bankupt company struggling to survive. It was time he left 5 years ago.
The hard work has now begun for President Obama. Because he must use his influence in selecting a managment team that can turn things. That is the key and finding managers that have those skills is difficult but necessary.
Lee Iacoca was the consumate auto excutive. He was a great pitchmen,manager and vissonary.
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