Obama sells GM to China

Why did U.S. President Barack Obama give $65 billion of taxpayers' money to General Motors, and pressure Canada to give another $9 billion?

So he could clean up its balance sheet for selling a large stake in it to China, through China's government-controlled automaker, SAIC.

I suppose fair's fair. Obama really isn't spending taxpayers' money these days; he's spending money borrowed from China. It's just future taxpayers who will have to pay that $65 billion back, with interest.

The scandal here isn't so much that a decrepit, union-choked company fifty years past its prime is being gobbled up by cash-rich China. That's probably healthy.

The scandal is that Obama prepped the sale by pouring money into it. How desperate and pathetic.

But they don't call him the Manchurian President for nothing.