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ATI’s Chesser: GM & GE Go All-in on Chinese Subsidies (read on-air by Rush Limbaugh)

September 27th, 2011 | Author:

By Paul Chesser

Professional subsidy-sucking General Motors, which seems content to marinate in its taxpayer “investment” indefinitely, is getting ambitious. No, not in the sense of paying back the $50 billion U.S. government bailout, or in producing vehicles people actually want to buy, but instead in finding other governments to subsidize its products.

Not surprisingly the new partner - in a 50-50 joint venture with the state-run auto industry - is China. And also unsurprisingly, General Electric will join GM in a related partnership in the communist nation.

Read the rest at the National Legal & Policy Center blog.

To read a transcript of Rush Limbaugh’s commentary, click here.

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History and Founding Principles American Tradition Institute (ATI) is a public policy research and educational foundation - a "think tank" - founded in 2009 to help lead the national discussion about environmental issues, including air and water quality and regulation, responsible land use, natural resource management, energy development, property rights, and free-market principles of stewardship. American Tradition Institute utilizes a three-pronged strategy to advance responsible, economically sustainable environmental policy: Research, investigative journalism, and litigation, via our Environmental Law Center. Our combination of expert policy analysis, exposing truth, and redressing wrongs in court advances the cause of liberty, and will...

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