Dick Morris opines that BHO's forcing out of GM's Rick Wagoner will backfire.Excerpt from this column at The Hill:
...By replacing the head of the company and demanding a restructuring of its board in return for further TARP aid, Obama has taken upon himself the responsibility for the future of the company....Read the rest at Always On Watch.
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This move will backfire big time! The auto giant is very, very unlikely to be saved by this current TARP infusion. Doubtless it will need more in the near term. But the resentment now focused on the management of the company will then turn to Obama. Having demanded a replacement of the management, it is he who will be held responsible for the company’s future....
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