It's done. The American people now own 61 percent of an auto manufacturer, General Motors. The question in my mind is "How could this have happened?" The Constitution of the United States outlines the powers of the federal government in the Preamble. They are "to insure domestic tranquility, provide for the common defense and promote the general welfare" of the citizens of the newly formed United States of America.
I don't believe there are any articles or amendments anywhere within that document that allow the government to spend billions of dollars buying manufacturing facilities, banks and insurance companies.
I believe that the people of this country need to take a good hard look at that document and see how limited the government's role was supposed to be. The Founding Fathers did not intend what today's executive and legislative branches have become.
If we the people don't stand up and cry out loud that "You don't have the right to do that," we're liable to find ourselves in a communist state where free enterprise is a thing of the past. Under the guise of social programs we will be given a place to live, told where we can go for medical attention and where we can do our banking and maybe what car we can buy.
Between the bailouts of Chrysler, GM, Countrywide, AIG and all of the other parts of the "stimulus" spending bill, we are spending ourselves into bankruptcy.