Obama's Takeover of The Auto Industry & The End of The Unions!

Apr 01 2009 @ 02:23am
Por: Spencer
Publicado en: English
President Obama announced that the United States government is effectively taking over General Motors and Chrysler and considering bankruptcy. But while Japanese automaker Toyota is also taking a hit as global auto sales slump, analysts expect Toyota to ultimately prevail. It's not just the Prius. Another type of hybrid built into Japan's economic model blends corporate interest with the common good. Japan's cooperative capitalism is the key to Toyota's future -- and ideally America's, too.

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