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"It's becoming Fannie Motors," Competitive Enterprise Institute finance scholar John Berlau told McMorris, referring to the government-backed housing lender Fannie Mae. "They're still using our tax dollars to break into exotic and money-losing propositions from Chevy Volts to subprime loans, both of which could literally and figuratively blow up in their faces."
Links:
[1] http://cei.org/expert/john-berlau
[2] http://washingtonexaminer.com/is-general-motors-creating-a-subprime-auto-loan-bubble/article/2522276