Double Standards in Obamaland

Ex-GM CEO gets retirement package worth over $10M
By TOM KRISHER and KIMBERLY S. JOHNSON, AP Auto Writers
DETROIT – Former General Motors Corp. Chairman and CEO Rick Wagoner will retire Aug. 1 with a pension and benefit package the automaker valued at more than $10 million.

Wagoner, 56, who was ousted by the Obama administration on March 30, will get $1.64 million in benefits annually for each of the next five years, plus an annual pension of $74,030 for the rest of his life, according to company documents filed Tuesday with the U.S. Securities and Exchange Commission.

Let me get this straight. AIG gets billions in taxpayer dollars, gives millions in bonuses, ACORN and the Obama Administration get their feathers ruffled and basically ruin the lives of AIG execs (class warfare and envy).

GM gets billions in taxpayer dollars. Obama basically orders its CEO to step down. GM asks for billions more and gets it. GM files for bankruptcy. Obama takes over GM for all intents and purposes. GM has a fire-sale and emerges as a "new GM". Then the failed ex-CEO of GM gets over $10 million in bonuses.

Where's the outrage toward the CEO, toward GM and toward Obama. President Obama is the one calling the shots along with his Car Czar... and then we see this headline:

Steve Rattner Resigning As "Car Czar" To Spend More Time With His Money
By Ray Wert
Treasury Secretary Geithner announced today Steve Rattner, former Wall Street financier worth more than $188 million, is stepping down after five months in Washington as the President's "car czar." He does know the U.S. automakers ain't fixed yet, right?

Although there's no firm date set yet for Rattner's departure from leading President Obama's auto task force, we're told he's "decided to transition back to private life and his family in New York City."

It's all about the money with this Administration.