Remember Michael Moore's Documentary Roger and Me a documentary about how General Motors had turned Flint Michigan into a ghost town as a result of massive layoffs, and how its then chairman, Roger Smith refused to meet with Moore to explain why GM was doing this at a time of record profits and rising automobile sales. Now the tables have been turned and it is former GM chairman Rick Wagoner who has been handed the pink slip. Here is a letter from Moore.
Nothing like it has ever happened. The President of the United States, the elected representative of the people, has just told the head of General Motors -- a company that's spent more years at #1 on the Fortune 500 list than anyone else -- "You're fired!"
I simply can't believe it. This stunning, unprecedented action has left me speechless for the past two days. I keep saying, "Did Obama really fire the chairman of General Motors? The wealthiest and most powerful corporation of the 20th century? Can he do that? Really? Well, damn! What else can he do?!"