General Motors Gets Into Bed With Another Government

I just want to say congratulations to General Motors for their ongoing support of capitalism and the free market. After taking billions in U.S. taxpayer money, and giving up majority ownership to the federal government, GM is now turning its sights to Chinese taxpayers. GM announced yesterday that it is in final negotiations to have Chinese government owned SAIC Motor Corp purchase a stake in the company. I guess the nickname “Government Motors” is not just a joke, but a company goal. Check out the article here.