Mixed feelings about pending Hummer sale

On the pending sale of GM's Hummer brand to the Chinese - seems the Chinese will gain access to a dealer network and a foothold in the U.S. car market. Now, will they be a good corporate citizen and create lots of American jobs? Pretty unlikely. Are you uncomfortable with a company from "Communist China" as Lou Dobbs ALWAYS calls them, acquiring an iconic American brand? Or, is it a good thing to give GM the cash infusion they desperately need?  

When you think about it, how ridiculous was it for GM to bring Hummer into the family in the first place? Can you think of a better example of the conspicuous consumption mentality?