Looking Out for Our “Investment”

Following on Ross's post from yesterday regarding Government Motors, Illinois Senator Dick Durbin wants to protect "our" investment. From CQ.com: "I have some concerns about things that have been expressed in bankruptcy courts, and I’m going to explore those," Senate Majority Whip Richard J. Durbin told reporters, referring to the recent government-guided bankruptcy of General Motors Corp., which will give the federal government a 60-percent stake in the once-mighty automaker. "But this is new territory for most of us — to think that the American people are the majority owners of a major corporation — and, as the president said, we don’t want to be too involved in the day-to-day business of this company. We also want to make sure that our investment in General Motors is going to be protected," the Illinois Democrat said. If you've read Ross's piece at Human Events, you know that Durbin has his work cut out for him. On a related note, the happy go-lucky folks at Despair.com, bring you Government Motors: An AmeriKan Revolution. Standard disclaimer: Of course, this blog doesn't officially endorse products or beg for swag, but if you buy anything from Despair.com you might keep them off of a future bailout list. And, if the unkind folks at Despair.com were to read this post, I'm a medium.