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So much for "no nationalization". It seems the white house never learned the lesson the Europeans did when they had to end up privatizing their auto making ventures...
http://money.cnn.com/2009/07/06/news...ion=2009070608
I think it was clear the direction America was going but I never though it would get this bad... Its the New Deal 2...
How can this be justified as constitutional?
New GM: The plan, which was worked out between the struggling company and the Obama administration, means U.S. taxpayers will end up owning 60% of the "new GM," with other stakes held by Canadian governments, bondholders and the United Auto Workers union.
I think it was clear the direction America was going but I never though it would get this bad... Its the New Deal 2...
How can this be justified as constitutional?