Separation of Business and State

In a recent article, the White House is forcing the chairman and CEO of GM to resign. I personally think that the CEO and many others of some of the companies that have gotten us into this mess should resign or be forced out by the Boards of Directors, but I have troubles with the government doing it.

I understand that the government, because of the bailouts, have taken a "Board" position in the companies, but I have trouble having the White House getting rid of people in the corporate world. I think that the Boards of the companies, maybe with the influence of the government, should remove the people in charge.

We are getting dangerously close to a more socialistic type leadership, where they are starting to control the corporate world, through forcing people out or big bailouts. That is why Goldman Sachs and Bank of America are trying to quickly pay back the bailouts loans. They are finding out that the way the government works, is not conducive to corporate dealings.

I agree and everyone else should as well. Just look at history and the management of the government when it comes to different things. If the government ran the government like a small or medium sized business then we'd be in a much better position. However, we know that is not the case.

But I have a problem having the government tell individual companies how to run their businesses. We really need to be careful about how we are going forward.

On a similar note. With the troubles of all the largest companies, banks, etc., and their management issues, which have gotten most of these companies into trouble, I think it would be prudent for some of these companies to look outside of their own kind and similar companies to find better management.

I personally know a lot of small business owners, including myself, who could run these companies better than what they've got. The big wig CEOs have been in their own kind and running in their own circles for too long and have a jaded view. They can no longer think efficiently and conservatively. Small business owners must think like that if they are going to be able to survive. Large corporations are getting bogged down with their size.

Large corporations are simple to run! They are just a bunch of small companies under one roof, but they can't think that way any more. I think that government and large corporations should look at other avenues. We need to start fixing these problems, quickly.