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...... Political opponents of General Motors partial nationalization are clearly unhappy with the notion of the government running a company using taxpayer dollars. These critics doubt that the government will be able to meet its objective to sell off shares of General Motors in six to 18 months time and, therefore, question if taxpayers will ever get their investment back. Opponents concerns range from legal challenges to the uncertainty of when consumer demand for new cars, particularly those from a poorly perceived General Motors, will rebound (Helliker, King and Stoll, 2009). Opponents of nationalization also worry that liquidation of unwanted plants could take years and that Congress will interfere in the company's daily operations and business plans (Helliker, King and Stoll, 2009)
Despite these political criticisms, Obama aptly defends his nationalization plan by referring to it as temporary and stating that, We are acting as reluctant shareholders because that is the only way to help GM succeed. (Thomas, Kuhnhenn, Espo and Johnson, 2009) According to these authors, due to the dire financial consequences, Obama did not believe in letting General Motors fail outright and he also did not think that giving it more bailout loans would work. Instead, Obama wants

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