Tennessee Senator Bob Corker spoke with White House officials about their plans for GM after Obama fired the CEO.
Corker said he spoke to Steven Rattner, chairman of the Obama task force, late Sunday and was told the administration might use a section of the bankruptcy code to conduct a quick restructuring and decide which plants will stay alive.
When I first read this, I mentioned to Sebastian that they could easily target red state plants first and make it a political game.
Oh, did I mention my uncle works for GM in Oklahoma, the only state to go more solidly red this year, and was told there’s a meeting for all workers (regardless of shift) on Thursday morning?
Obviously, I don’t know details about GM’s operations, and it may make sense to close that plant or to have substantial cuts there. But, when the WH is making personnel decisions, there’s always going to be room for political considerations and favors or punishment for friends and foes. In other words, we’ll never really know when cuts are made on the business merits or the political whims of Rahm & his buddies.