The real loser in President Obama's decision to offer a $30 billion lifeline to General Motors is Wall Street and corporate America, Rep. Doug LambornDouglas (Doug) LambornOvernight Energy: Republicans eye top spot on Natural Resources panel | GOP lawmakers push back on bill to make greener refrigerators, air conditioners | Green groups sue Trump over California fracking plans Republicans eye top spot on Natural Resources panel Overnight Energy: Democrats grill BLM chief over plans to move headquarters | EPA moves to end its use of animal testing | Top NOAA official defends Trump over Alabama forecast MORE (R-Colo.) lamented on Monday.

"We're real concerned that when you have government control over corporations, this is inevitable," the second-term Republican lawmaker said in an interview with Bloomberg News. "You put political allies -- in this case, labor unions -- ahead of other people. And they're getting preferential treatment better than unsecured bondholders."

GM's investors have received disparate treatment under the company's restructuring, Lamborn said, that would discourage private investment in the future.

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"When bondholders are not given the treatment that they should be getting under their contracts that they had signed, they're basically being bludgeoned into agreeing to a bad deal," he explained. "Indeed, all of corporate America is going to suffer from this bad precedent."

Lamborn also ridiculed the smaller vehicles GM plans to produce as part of its deal with the government for assistance.

"Will we getting these little, glorified electric golf carts posing as cars that are being made that no one wants to buy?" he asked rhetorically.