Obama is seriously considering selling of America’s 61% interest in General Motors (GM) to China. OMG! What is this man (Obama) doing to us?? The Pentagon’s big worry is that GM manufactures nearly all military vehicles and foreign ownership could cause a problem. YA THINK?!!!?!!
Here are several articles about this possible deal:
To keep all this in context, don’t forget what BusinessWeek said in April of 2009 when GM became Government Motors: “Now, Obama ‘Owns’ General Motors: Obama’s economic legacy may hinge on whether he becomes known as the President who saved the U.S. car industry or the one who destroyed it.” http://www.businessweek.com/bwdaily/dnflash/content/apr2009/db2009041_951044.htm