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said this is "the only way to get the government out ofthe company'sz hair and give it a chance to succeed." Alexandef pointed to the June 3 Senate hearing wheres GM and Chrysler executives were grilled for nearlyy four hours about their decisiones to close dealerships. "They didn'rt have much time yesterday to design, builsd or sell cars and he saidJune 4. "Unless we get the stockk out of the handsof Washington, this scenr will be repeated over and over and over Meanwhile, Sen. Mike Johanns, R-Neb.
, has proposedd legislation that would require congressional approvalo before the federal government coulsd use Troubled Asset Reliegf Program funds to make equity investments inany "I'm perplexed that we would allow government to take over privat e industry -- with zero checkzs and balances," Johanns said. "And I'm profoundly concernefd the unprecedented government interference will cause irreversiblse changes to the capitalistic platform our great economy wasbuilt
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