Auto Bailout Blues: Spin, Lies and Layoffs

Auto Bailout Blues: Spin, Lies and Layoffs

thenation.com — It may be true that the tens of billions in federal tax dollars that are being pumped into Chrysler and General Motors will save the names of these companies. But the auto-industry "restructuring" is not saving auto plants that have been targeted for closing, tens of thousands of auto workers who face layoffs, auto dealers who are being "consolidated" out of business and perhaps 100,000 service and repair employees who are soon to be jobless.

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