GM

I Find This Rather Alarming:

"GM Chief to Resign at White House Behest."

I can't quite put into words why that bothers me, but it does. Teddy Roosevelt, of course, fought the big trusts and use government power to make them smaller and more amenable to pressure. Government and corporations fighting is not the problem; indeed, that's part of what the world should look like. If the two are aligned in their interests so much that there is no conflict, we're not looking at a healthy situation for the rest of us.

What I think may be alarming here is the confluence of two things: the President is plainly acting well outside of his Constitutional role in making leadership decisions for private corporations; and the corporations, though massive and powerful, are submitting without a fight.

That's too much concentration of power, and no obvious sense that there are lines that ought to be respected.

UPDATE:

Dad29 has more:

Today, the President of the United States is expected to make significant announcements about GM’s warranty policy. No, that’s not a typo....

One gets a sense that there has been a loss of perspective somewhere.