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Should the public own the auto industry?

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The CEO’s of Chrysler, Ford and GM are still hoping for movement from the US Congress on the $25B bailout of the auto-industry. The Real News asks Jim Stanford and Justin Fox about public control of this sector. Jim Stanford from the Canadian Auto Workers Union says that if the companies are “bailed out” by Congress, they will need to guarantee better efficiency, and regulation from a federal level is a possibility.

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