On CBSNews, there is a story, “Geithner On Ousting CEOs, Reviving Economy,” says that other CEOs firing could be coming.
Now, I am reading my Constitution and I cannot find anything in Article I, which sets up the Executive branch, that says that the they can fire CEOs of companies or corporations.
Geithner has asked for more power from the Congress, which would require legislation, and they are even wary of this power.
If they allow him the power to fire CEOs of banks and car companies, then who is next? Where does this march toward Marxism end?