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Congressional plan for green Detroit could be financially fatal

We're from the government and we're here to help. Those words strike fear into the hearts of conservatives anywhere. Right now those words probably should be terrorizing those hoping for a loan deal for the Detroit automakers as well. Before and after Congress declined to provide quick passage to loan package until the carmakers put a forward a plan, many people wanted to attach strings to the deal requiring the three companies to transform their fleets with a green lineup. To a large extent this was already in process before the situation ... Read more →

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