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So why doesn’t Exxon Mobile bail out the failing auto industry? After all they are the ones that rely on these gas guzzling vehicles to create record breaking profits of $45 billion. Profits that exceed the gross domestic product of all but 16 of the worlds nations. With windfall profits like that why not ask [...] In a drastic 180 President Obama has reversed the Bush administration policy preventing individual states like California and Washington from implementing more stringent emissions standards to fight greenhouse gas emissions. Obama also called for federal law requiring automakers to produce more fuel-efficient cars. |
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