So GM has to come up with a plan that the govt will approve or they don’t get any more bailout money. So what do they do? They bring back lending to sub-prime borrowers. http://www.reuters.com/article/privateEquity/idUSN0148180620090401

The same borrowers that got loans for houses they couldn’t pay for and started causing theĀ financial debacle we are in. Since the last democrat that was in the Oval office started the whole sub prime lending disasterĀ it only seems natural that our latest democrat president would revive this assinine policy.