GM bankruptcy plan eyes quick sale to gov\u2019t<\/a>. This will give new meaning to the old tycoon (now spinning in his grave\u2013hook him up to a generator for clean energy) who said, \u201cWhat\u2019s good for General Motors is good for the USA.\u201d Now there will be no difference. Now that taxpayers own an auto company, do you think we will all line up to buy government-built cars?<\/p>\n(The plan is apparently for that governmental agency to sell the unit to private buyers eventually, but still. . . THIS IS SOCIALISM!)<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
When General Motors goes into bankruptcy, its healthy assets will be bought by a new entity owned by the federal government. See GM bankruptcy plan eyes quick sale to gov\u2019t. This will give new meaning to the old tycoon (now spinning in his grave\u2013hook him up to a generator for clean energy) who said, \u201cWhat\u2019s […]<\/p>\n","protected":false},"author":1281,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-2320","post","type-post","status-publish","format-standard","hentry","category-economics"],"yoast_head":"\n
The government will buy GM<\/title>\n<meta name=\"description\" content=\"When General Motors goes into bankruptcy, its healthy assets will be bought by a new entity owned by the federal government. See GM bankruptcy plan eyes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/05\/the-government-will-buy-gm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The government will buy GM\" \/>\n<meta property=\"og:description\" content=\"When General Motors goes into bankruptcy, its healthy assets will be bought by a new entity owned by the federal government. 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