Poor Rich Wagoner,  he lost his $1.00 a year job as CEO of GM. He was overpaid at $1.00 per year after his company lost over $80 billion on his watch. Obama did him a favor by forcing him out. Now Team Obama can rename the company GGM, Green Government Motors where it can produce the $40,000 GM volt in 2010, a car that nobody will want even though it will come with a $9,000 rechargeable battery.

The government will get its wish and force the automakers to make smaller, greener cars while all the Senators and Congressman ride around in their limosines and SUV's while trying to run big business into the ground.

Meanwhile, American waits for the new generation of smaller, lighter, expensive, more fuel efficient tiny cars.