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Obama's New GM CEO Appointee: "“I don’t know anything about cars"
And we thought things could not get any worse. The Obama administration having confiscated and taken over GM, then forcing it into bankrupty, giving most of the company to the UAW, now appoints a new CEO who admittedly knows nothing about cars. Thank GOD Ford has not had to bend over and take it from the government.
Hope And Change. 
June 10 (Bloomberg) -- Edward E. Whitacre Jr. built AT&T Inc. into the biggest U.S. provider of telephone service over a 43-year-career. By his own admission, he becomes chairman of General Motors Corp. knowing nothing about the auto industry.
The 6-foot-4-inch Texan nicknamed “Big Ed” said steering the nation’s largest automaker after bankruptcy is “a public service.” People who know him say he can meet GM’s need for the type of transformation he orchestrated at Dallas-based AT&T.
“I don’t know anything about cars,” Whitacre, 67, said yesterday in an interview after his appointment. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”
Whitacre Vows to ?Learn About Cars? as GM Chairman (Update1) - Bloomberg.com
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There are reasons for things. Sometimes we don't know why, or by whom those reasons are. But there are reasons for things. There are no things without reason.
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