Auo Fiasco

The Wall Street Journal reports that politicians are exerting political pressure on GM to help its constituents, under the premise that since GM took government money, it is like a government agency.

The article highlights a number of efforts by politicians that hurt GM financially, and by extension, the American taxpayer through the government's ownership stake in GM.

This is the face of socialism, where those with political pull get favors to help them economically. And with GM's vast size, there are lots of favors that can be doled out.