PRESIDENT TRUMP SPITS FIRE: SAYS DON'T PUSH ME.

PRESIDENT TRUMP SPITS FIRE: SAYS DON'T PUSH ME.
"North Korea best not make any more threats to the United States. They will be met with fire and fury like the world has never seen. As I said, they will be met with the fire and fury and, frankly, power." - President Donald John Trump. ICHEOKU says the Michelin Tire midget at Pyongyang is definitely courting trouble and messing with the wrong man. He probably thinks Barack Obama the redline president is still in office; but unbeknownst to him there is a new sheriff in town and his name is Donald John Trump and he does not mess around. Hopefully China can rein in the little man before he commits mass suicide with his North Korean people.

HILLARY CLINTON LOST THE ELECTION - CHARLES SCHUMER

HILLARY CLINTON LOST THE ELECTION - CHARLES SCHUMER
"When you lose to somebody who has a 40 percent popularity, you don’t blame other things — Comey, Russia — you blame yourself. So what did we do wrong? People didn’t know what we stood for, just that we were against Trump. And still believe that." - Senator Charles Schumer, Senior Senator from the State of New York and Democratic Minority Leader in the Senate. ICHEOKU says the statement spoke volume and it spoke for itself. Finally it seems the Democrats have finally turned the corner and are now ready to face up to their abysmal performance in the last presidential election by acknowledging that the American people indeed choose Trump over their Hillary Clinton. Thankfully, they will also now rest their "Russians Did It" cockamamie and find a message they can present to the people and for the good of the country.. Time to move the process forward is now as American people did not buy into the crap of a Russian collusion which they tried unsuccessfully to sell to them.

IT IS GAME ON: MAYWEATHER FIGHTS MCGREGOR

IT IS GAME ON: MAYWEATHER FIGHTS McGREGOR

ICHEOKU says August 26 is the day history will be made as two of the world's most interesting athletes square off in the ring. Boxing champion Floyd MayWeather and mixed martial arts champion Conor McGregor, will fight on August 26 in Las Vegas, Nevada. ICHEOKU says not in a position yet to place bet on who will win the fight. Salute


BIAFRA EXIT FROM NIGERIA: A CALL TO DUTY

BIAFRA EXIT FROM NIGERIA: A CALL TO DUTY
ICHEOKU says the time has come and the time is now for the Indigenous Peoples of Biafra to be allowed to choose their self governance and exit from Nigeria going forward.. A referendum on the future of Biafra is a legitimate demand of the people and it is their right to so do. The people of the Nation of Biafra want to of their own way because of the hostilities from other member nations of Nigeria. Let the United Nations order a referendum and let the people decide in their own Biafraexit.

PDJT ISSUES VERDICT ON ISLAMIST TERRORISTS


"There can be no coexistence with this violence. There can be no tolerating it, no accepting it, no excusing it, and no ignoring it. Every time a terrorist murders an innocent person and falsely invokes the name of God, it should be an insult to every person of faith. Terrorists do not worship God; they worship death. If we do not act against this organized terror, then we know what will happen and what will be the end result. Terrorism's devastation of life will continue to spread, peaceful societies will become engulfed by violence, and the futures of many generations will be sadly squandered. If we do not stand in uniform condemnation of this killing, then not only will we be judged by our people, not only will we be judged by history, but we will be judged by God." - President Donald John Trump.


BBOB: BRING BACK OUR BIAFRA

ICHEOKU says it is worth fighting for, self determination and it is not a crime for a people to aspire for self governance. Indigenous Peoples of Biafra are marching forward and hopefully they will soon get to the promised land. Viva Biafra.
#BringBackOurBiafra.




"When two raging fires meet together, they do consume the thing that feeds their fury. Though little fire grows great with little wind, yet extreme gusts do blow out fire." - William Shakespeare, The Taming of the Shrew


WHAT REALLY MATTERS IN LIFE - STEVE JOBS

“I reached the pinnacle of success in the business world. In others’ eyes, my life is an epitome of success. However, aside from work, I have little joy. Non-stop pursuing of wealth will only turn a person into a twisted being, just like me. God gave us the senses to let us feel the love in everyone’s heart, not the illusions brought about by wealth. Memories precipitated by love is the only true riches which will follow you, accompany you, giving you strength and light to go on. The most expensive bed in the world is the sick bed. You can employ someone to drive the car for you, make money for you but you cannot have someone to bear sickness for you. Material things lost can be found. But there is one thing that can never be found when it is lost – Life. Treasure Love for your family, love for your spouse, love for your friends. Treat yourself well. Cherish others.” - SJ

EVIL CANNOT BE TRULY DESTROYED.

"The threat of evil is ever present. We can contain it as long as we stay vigilant, but it can never truly be destroyed. - Lorraine Warren (Annabelle, the movie)


ONLY THE POOR WISH THEY HAD STUFF?

“I’m not that interested in material things. As long as I find a good bed that I can sleep in, that’s enough.” - Nicolas Berggruem, the homeless billionaire.

Monday, March 30, 2009

WAGONER, OUT!

As he falls on the sword of the downturn, Japanese-style, the chairman and chief executive of United States of America automotive maker General Motors (GM), Mr. Rick Wagoner has joined the ranks of other non-performing chief executives who once were? But Icheoku asks, will his leaving the position at GM, turn things around for the hyper-ventilating car maker, since people are not just buying cars or trucks these days? Icheoku says, GM makes good vehicles, admitted they are gas-guzzlers, but their Jeeps, Hummer, Chevrolet, Corvette, Cadillac and Buick are some of the most favorite brands plying many roads in many countries of the world. Personally, I have driven a Chevy before and it served me well; and a Jeep is a prospective future vehicle. The question should be why are people not buying vehicles, since even the peoples' beloved Toyota is also suffering the present draught in world vehicle sales?

Were Icheoku to be advising, it would have been better to allow Rick Wagoner implement whatever re-structuring programme that may be recommended by those knowledgeable both in the White House and Wall Street? Like Defence Minister Robert Gates, who was allowed to stay on and help tidy up affairs regarding the two on-going wars, Wagoner should have been allowed to re-organize GM instead of bringing on board a total stranger into such a complex corporation with a world-wide operations to try and figure out what is obvious? It is all about gas-consumption and gas-price, period! Anyway, the deed is done, the decision has been taken and Rick Wagoner is now, a former General Motors chief executive? Let us hope that the decision makers have their game plans right, otherwise it will be a disappointment galore to let Wagoner go without achieving the desired result?

Icheoku believes that as an insider, Rick Wagoner, would have been a better fit to lead GM through its present crisis? Whether there have been several years of missteps, mistakes and arrogance by the Detroit Three automakers, is not sufficiently a reason to throw away such a knowledgeable individual except there is a compelling reason to do so. All that Washington would have done was to compel a re-tooling and re-structuring of the auto industries instead of forcing one of their chief executive to fall on his own sword? That Wagoner relied for too long on sales of pickup trucks and sport utility vehicles for GM's profits should not be used against him; after-all that was what the market wanted until the surprised astronomical gasoline pricing that forced the two brands off the cliff? It was not only GM that was unprepared for the high gasoline price induced drastic market shift; as everyone was taken by surprise when gasoline prices hit $4 per gallon last year and it became too expensive and uneconomical to own and operate one such SUV or truck?
Mr Rick Wagoner, 56, assumed the now ex-position at General Motors in May 2003. He joined GM in 1977 and had previously served in various capacities for GM in the United States of America, Brazil and Europe. He became president and chief executive of GM in 2000 and chairman and CEO in 2003. It is also note-worthy that France's biggest car maker, Peugeot-Citroen, recently fired her chairman Christian Streiff, for reason of "extraordinary difficulties" in the automotive industry? Toyota Motor Corp.'s president, Katsuaki Watanabe, equally announced that he would be stepping down as a result of the meltdowns.

With his ouster, Rick Wagoner has become a member of former chief executives club, who were similarly forced out after the government took over their companies last year. The CEOs of mortgage giants Fannie Mae and Freddie Mac readily comes to mind and so also is Robert Willumstad, the former CEO of American International Group Inc., (AIG) who was booted out last September 2008, a day after the government pumped $85 billion into the insurer to keep it afloat. Icheoku while wishing Rick Wagoner good luck, also hopes that the Obama administration finds the answer they are looking for in revamping the auto industry, by his firing!

1 comment:

adam hartung said...

This is what happens when you lose your position as #1. It doesn't take long for people to start envisioning a world without you. GM started on the road to irrelevant years ago by focusing internally rather than on the market - missing all major shifts and becoming also-ran. Obama's team is telling everyone (auto and banking) that if you can't prove you know where the market is heading and demonstrate you can get back in front, then there's little reason to support you. Read more http://www.ThePhoenixPrinciple.com