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auto industry

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Detroit 3: Dead Men Walking

Lemon-Aid author and former NDP MP Consumer Critic, Phil Edmonston, calls the Detroit 3 corporate welfare bums unworthy of government aid. Instead of a $25 billion bailout, Edmonston says Chrysler, Ford, and General Motors need the ‘tough love’ of bankruptcy and a buyout.
When federal Finance Minister Flaherty refused to bail out Canada’s financial institutions earlier [...]