The Obama administration asked General Motors CEO Rick Wagoner to step down, and he agreed. This is good news for Obama; the last time he tried to get someone to quit, it took months -- and even then, he had to promise her a job as secretary of state.

According to the government, Rick Wagoner was forced to resign because of poor performance. That's embarrassing -- run an organization that loses billions of dollars and then get fired by a guy who heads up an organization that loses trillions of dollars.

Obama also said if you buy a new car, you will able to deduct the sales tax from your income tax. Or you can just take a job at the White House and you wouldn't have to pay taxes at all.

President Obama said this week that things will get worse before they get better. That's something you never hear before the election -- "Let me tell you, if I'm elected it's going to get a lot worse."

Ba Dump Bump ! ! !

"I'll tell ya Kevin... the economy's bad!"

"Still bad?"

"Bad...The economy is so bad, I watched 'Iron Chef' the other night. You know what the secret ingredient was? Government cheese."

...hooray for .Hollywood...da da da da da da dum...

"The economy is so bad, on 'Sesame Street,' they won't even talk about letters 'A,' 'I,' or 'G' anymore."

...hooray for Hollywood....

"The economy is so bad, the Octo-mom switched to a generic brand of ****..."

...hooray for ....

"The economy is so bad, President Obama flew to the G-20 on Southwest."