As long as taxpayers (with the White House as their proxy) are demanding resignations, why not force change at the top of the United Auto Workers? Its policies and recalcitrance clearly contributed to GM's collapse.

Labor helped elect Obama, so the UAW gets a pass. Too bad.

So maybe Wagoner went down the wrong path: He should have pushed GM into Chapter 11 before seeking any government bailout. All pension obligations—one of the two crushing forces on GM—would have reverted to the federal government; all union contracts (the other crusher) would have been abandoned.

Wagoner could have started over ... and he’d still have his job.

And the rest of us in business wouldn’t have to now fear, rather than hope for, government “assistance,” or fret over whose head gets chopped off next.