If there is a turnaround or at least the hint of one by 2010, the President's actions and words yesterday concerning GM and Chrysler will be largely forgotten.
But if there isn't an economic bounceback by then or if GM/Chrysler fail while zombie banks continue to vacuum up taxpayer dollars some of the people here in Michigan are going to blame the President and the Democrats. And that we do not forgive.
Right-wing, left-wing , whatever many people in Michigan are deeply skeptical of the efficacy (or the legality) of firing Wagoner while financial bigwigs skate by.
Here's a take from a relatively right-wing columnist who normally I would disagree with. But I think he nails it here.
CEO-in-Chief