Another Reason Why Most Of Us Despise Bailouts

Buried in yesterday's Wall Street Journal is an article informing us that General Motors--the still bankrupt and now taxpayer-paid-for and government-owned auto maker--has resumed providing political donations to candidates for federal office. According to records released by the Federal Elections Commission, GM has paid $90,500 to mostly Midwestern politicians, predominantly Democrats.

While it's not at all unusual for large corporations to engage in political donations to candidates, what is both unusual and troubling is that the dollars GM is donating actually come from you and me--the taxpayers who bellied up to the bar last year to bail out GM in the aftermath of the 2008 financial meltdown.

This is unconscionable. What is, in effect, happening is that taxpayer dollars are being funneled through a government-owned company to--predominantly--one political party. No wonder that, according to Rasmussen Reports, 59% of us think the government bailouts were a bad idea while only 26% support it.

The government does not serve the people. The government serves the government and those in power.