All Commentary
Wednesday, May 27, 2009

Government Will Own 70 Percent of GM


“The latest plan for the troubled automaker [General Motors], which is expected to file for bankruptcy by Monday, calls for the Treasury Department to receive about 70 percent of a restructured G.M.” (New York Times, Wednesday)

Is any comment really necessary?

FEE Timely Classic
“Government in Business” by Murray N. Rothbard


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.