A Comment About

The GM Volt: Fascism Strikes the Auto Industry

August 8, 2010 - 12:00 am - by Jeff Perren
theBuckWheat
2010-08-09 12:18:50

“Corporatism” works both ways. The corporation is looking for special favors and subsidies while the pols are looking for any way to look good. Each benefits in their own way from the illicit deal that sticks the taxpayer with the bill.

In this way, the GM deal is different from the Fannie Mae/Chris Dodd/Countrywide deal. With that deal, none of the players wanted the public to know about the special favors that each was granting to the other.