The Government Now Owns 60% of GM. Is Socialism Far Behind?
general motors June 2nd, 2009General Motors, one of the oldest and largest American companies has gone bankrupt today. Sure, they’re going to restructure and come back “leaner and meaner” than ever. But with the government owning a 60% share in the company, can Socialism be far behind. Will the current administration take a heavier hand in the day to day operations of other US companies? Read what our ‘friends’ the Russians have to say about todays GM BK.
