This is a horrible precedent. The United States Constitution does NOT allow for a socialist government - whether that socialism is in the realm of agriculture, automobiles, or investment houses.
Like the article says, this kind of profitable rescue has been the domain of the T. Boone Pickens and Warren (spit) Buffetts of this nation. That's what they do for a living. How would you like your Uncle Sam going head-to-head with you in whatever you do for a living?
Yes.
The United States Constitution does NOT allow for a socialist government
You think this is socialism? Compared to some of the other stuff the government does, this is nothing.
How would you like your Uncle Sam going head-to-head with you in whatever you do for a living?
If someone else wants the portfolio, they should make an offer.