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I didn’t know that presidents could fire CEOs but seeing how as the government is giving companies billions of dollars, they should be held accountable. Seeing how Obama pressured GM CEO, Rick Wagoner into stepping down, here is five other CEOs who Obama should have fired. Businesses can no longer have the free reign do destroy the country that Bush gave them. Maybe Obama can’t officially “fire” these CEOs but he should pressure them to step down.

1. Edward Liddy CEO AIG

Liddy was hired by former Treasury Secretary, Henry Paulson in 2008. Paulson had previously given Liddy his job at Goldman Sachs. One of Liddy’s first acts as CEO was throwing a $440,000 luxury retreat for top executives, while the government gave his company $84 billion because retreats were “standard practice in our industry.” Guess what Liddy, your industry has gone to shit and you need to reconsider those practices. In a debate with McCain, Obama said of the retreat “The Treasury should demand that money back and those executives should be fired.” There has been no record of AIG giving that money back so Obama should fire the AIG executives, including Liddy. Despite appearing outraged before congress about the infamous AIG bonuses, it turned out that Liddy had accelerated more than a quarter of AIG’s bonuses by three months.

AIG: Don’t Hate the Player, Hate the Game

2. Rex Tillerson CEO Exxon Mobil

While the country went into a major recession last year, Exxon Mobil posted its biggest profits. High gas prices from last year were undoubtedly controlled by Tillerson and other oil and gas CEOs. The high gas prices helped lead us into the recession we are in, while helping Mobil record those record profits. Exxon Mobil has fought and lobbied to continue America’s dependency on oil, while extorting Americans’ dependency on foreign oil. Not only is Exxon responsible for a good deal of the environmental damage that affects the world, but also the tensions and wars in the middle east. Obama should fire the company man Tillerson and replace him with someone who has a long term vision for energy and our environment.

Exxon Mobil Shatters Record For Annual Profit

Department of Interior Accused of Taking Bribes and Sexual Favors From Exxon and Other Oil Companies

3. Smith and Wesson CEO, Michael Golden

Smith and Wesson is the largest gun manufacturer in the world. They also give a lot of money to the NRA, which in turn lobbies government for easier gun laws.  In 2000 Smith and Wesson had a deal with the Clinton administration to make their guns more safe and fight against the illegal flow of their guns into urban neighborhoods. After Bush was elected, In 2001 Smith and Wesson was bought by another company and reneged on their agreement. Smith and Wesson’s CEO should be fired and they should go back to their pre-Bush philosophy of keeping guns safe and out of the inner cities and criminals rather than selling the guns and not caring where they wind up. Obama needs to send a message to the gun industry that they need to take responsibility for the guns that they sell.

How U.S. Guns and Drug Addiction Fuel Drug Wars at Home and Abroad

4. Halliburton CEO, Dave Lesar

After milking America for billions of dollars through its Dick Cheney connection, it is time for Halliburton’s whole leadership to be removed. A defense contractor should not have close relationships with the leaders who decide if we go to war especially since they have no bid contracts. Lesar does not even work out of the US, but instead works in the more oil friendly Dubai. Halliburton has been involved with trading with Iran, covering up rape in Iraq, overcharging the Pentagon, using off shore companies and foreign subsidiaries to avoid paying U.S. taxes and bribing Nigerian officials. In order to rid the USA of the awful legacy of Cheney and Halliburton, all of Halliburton’s contracts should be nullified and Obama must press Halliburton to pay their taxes and fire their CEO.

Halliburton Covers Up Rape and Murder of Black Woman in Iraq

5. Clear Channel CEO, Mark Mays

Clear Channel owns a lot of billboards and a lot of radio stations. Clear Channel was also one of Bush’s biggest corporate allies. They tried to subdue freedom of speech and stop on air personalities from criticizing Bush, yet Mays himself stood up for Limbaugh when Harry Reid criticized him for his “phony soldiers” comment using the freedom of speech defense. Clear Channel has also ruined urban radio by turning “Hip Hop” stations across the country into identical entities playing the same water downed negative sterotypical Hip Hop. Obama needs to rid the US of the Bush cronies who helped shape his misguided agenda and promote bigotry.

Get Rush, Boycott Clear Channel

Top 10 Racist Limbaugh Quotes

Tags: AIG, Barack Obama
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  • http://www.blackplanet.com/the_realest2004/ the_realest2004

    No comments on this one huh? But let it had been a story about Chrihanna or some gay fake blood rapper and negros woulda been swarming to comment. LOL @ me startin to loose all hope for and faith in black people.

    :(

  • http://www.blackplanet.com/Sub-Negro/ Sub-Negro

    How could he fire CEO’s that haven’t even been bailed out LOL. This is to funny. As for the Clear Channel ruining the radio that is true but it’s not like BET is any better.

  • http://www.blackplanet.com/rockwilder1911/ rockwilder1911

    wtf obama aint got s**t to do with the private sector even if they got bailout money. he doesnt need to be firing folks wtf its borderline socialism already when the gov runs everything! He needs to set tighter regualation thru congress and back off If he keeps this bulls**t up he gonna lose those white votes he needs to get re elected. I agree with the first comment most of yall to dumb understand the after effects of crap like this its not good at all!! We in the usa not canada or russia

  • http://www.blackplanet.com/rockwilder1911/ rockwilder1911

    To the writer of this Mr Calla: You be ashamed of writing bulls**t crap like this. This country is great for certain things. being mindless slaves is not one of them! your ass need to be fired for being a idiot

  • http://www.blackplanet.com/mumbles2010/ mumbles2010

    Decent article. I mean the gas prices did contribute to the recession. Who remembers paying almost $5 a gallon and not taking trips or going anywhere cause of gas prices? I remember people asking other people for gas money just to go a couple miles down the street. Obviously they won’t get fired (CEO’s) it is just saying how some CEOs are operating in contrast to our economic system.

  • http://www.blackplanet.com/blacktino007/ blacktino007

    Obama is NOT the Messiah, nor is He Chavez, Stallin, Mao, or Marx, he should not be in the bussiness of making descisions about which CEO’s ect. should be Fired or hired. That is the job of the corparation’s stock holders. If you have stocks in a company , you have a say proportional to your number of shares, into whether the CEO gets hired or fired.

    Other than that , (Speculators were responsible for the artificial oil prices of yesteryear not the oil companies themselves)You are pretty spot on in the sense that these are 5 area’s that need to be looked into and addressed.

    BTW for as s**tty as W.Bush was , he is NOT the only reason for our nations problems. I dislike that clown, but it gets old REALY quick to see every problem and issue thrown at the feet of that douche bag.

  • http://www.blackplanet.com/damassager/ damassager

    Fire all the Oil Kings, they suck

  • http://www.blackplanet.com/testpageBP/ testpageBP

    What’s funny is the CEO of AIG is on the list… yet Obama, Chris Dodd, and Harry Reid made sure their was loopholes in the BS stimulus package so these fools could pay themselves. I guess it was a pat on the back for the 100′s of 1000′s of dollars AIG gave to the obama campaign. NewONe is officially like all other new media. garbage.

    ALso, Here’s something you can tell Obama since he’s SOOO concerned about the US car industry. Tell them to start making these diesel hybrids from 15 years ago that get 80mpg. and they dont look like freakin clown cars. Since he’s so ready to fix stuff.

  • http://www.blackplanet.com/4merHorse06/ 4merHorse06

    Whaa, Obama fix this, whaa, Obama fix that…just who do some of you knee-grows think Obama is? He’s the President, not knig, the Second Coming, or the All-Mighty. He has no authority to hire or fire ANYONE (and I were GMs’ CEO I’d would not have gone quietly!!!)
    And once again, let’s scaptgoat the gun industry. Just how the f**k you keep a gun safe? Simply…you control the person behind the trigger!!! Do any of you really think that someone WHO IS ALREADY BREAKING THE LAW is going to be deterred by a new one? Oh, let’s really show the bad guys…we’ll fire the CEO of a gun manufacturer (I can hear them laughing already).
    Also, for all you “Let’s fire the CEOs”…don’t pitch a b***h when you neck ends up on the chopping block. Can’t happen? I hope the hell not.

  • http://www.blackplanet.com/actressnoir/ actressnoir

    I have nothing to add..on point. Thanks for info. I going to have to get on my letter campaign!

  • http://www.blackplanet.com/subbostonguy/ subbostonguy

    Obama Sucks!

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