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Should we nationalize the Big Three?

By Eoin O'Carroll | 12.09.08

As lawmakers debate a bailout package for the troubled Big Three automakers this week, we’re seeing a word rarely spotted north of Venezuela or west of Scandinavia: nationalization.

Last week the Los Angeles Times ran an op-ed by Pulitzer Prize-winning automotive writer Dan Neil, unambiguously headlined Nationalize GM.

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Big Three automakers scramble for aid

General Motors, Ford and Chrysler

General Motors, Ford and Chrysler

By | 11/19/08 4:54 AM EST

The U.S. auto industry is in a lobbying fight for its life.

The Big Three automakers — General Motors, Ford and Chrysler — have enlisted every stakeholder in their fate as they push Congress and the White House for $25 billion in aid. 

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