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Michael Moore Offers an Auto Bailout Solution. Clip of the Day

Christopher Campbell
By Christopher Campbell posted 7 months ago
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Documentary filmmaker Michael Moore spoke with Keith Olbermann on MSNBC yesterday, offering his take on the auto industry’s request for a bailout. At first, he seems to be defending the automakers, but that stance is just an excuse to be critical of Washington’s handling of the situation. He really has no sympathy for the big boys from Detroit at all, and he submits his own solution to Congress: give the Big Three their $38 billion, but tell them you own their ass and make them build hybrids and mass transit options instead of gas-guzzling SUVs.

As a onetime fan of Moore’s work, I have to admit this clip presents some of the smartest words to come out of the guy’s mouth in years. I’m not saying I agree with his proposal to Congress for basically nationalizing the automakers, but he definitely carries himself on Countdown quite intelligently. Obviously it’s a subject he’s very familiar with, having started his film career with the GM-criticizing Roger & Me. So, should Washington follow his advice?

Check out Moore’s appearance after the jump.

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  • Pat Gibbs said

    Michael Moore has spoken the only sane words in the whole auto crisis ciracus. You don’t have to nationalize the industry for Congress and taxpayers to call the shots; put Micahael Moore in charge of dispensing the funds and seeing that the auto industry changes course in order to qualify for those funds. Unfortunately we cannot wait for Obama to do this, and Michael Moore is the only other person to have both a clear vision and the determination to see it through without succumbing to the temptation to give in and allow the carmakers to spend the money on car races and baseball stadiums and huge executive bonuses and layoffs. Michael Moore is right; you cannot fix the auto crisis by laying people off. People need jobs to buy cars; but we also need public transit and some employees could be relocated to new product lines like buses and rapid light rail transit and hybrids and all-electric vehichles. Fire

  • kishke said

    What a good idea! Force the carmakers to make cars no one wants. That’ll save the day for sure.

  • Ken Johnston said

    I agree a lot with MM - Fire the CEO’s, The Big 3 are all worth less than 10 Billion, but are asking how much again? Or Let the German and Japanese Car Companies buy the BIG 3 and keep the Unions and Workers; or Make Exxon and the other oil companies who’ve made obscene profits in the last years bail them out.

  • Joe Wade said

    Mike always tells it like it is,I am a laid off UAW.I see films like “Who killed the electric car”,and my sympathy fades for the big three.They are influenced by the Oil companys,to a large extent.Let me ask this,Why is it that my nieghbor can build a Hydro bottle from plans he got off the net,put it on his car and get 9 more miles to the gallon?The tech has been there for years for even Large SUVs to get much better MPG.The big 3,lobbied by big oil wont let american inovation into thier picture.The Government needs to take control off the big 3,put them on a green agenda,(make ethenol,hydro,hybrid powered cars) and turn this country around.

  • rideburton123 said

    Trains, Hybrids, and Electric cars; It all sounds amazing doesn’t it? In reality not everyone is going to *poof* and in one instant decide to want and buy those type of cars. Yes producing hummers and automobiles was a foolish idea. But the government cannot go to the extreme opposing side of the spectrum and force automakers to solely produce only these new alternative automobiles. I don’t believe that would be an effective way of saving the big three, and ultimately the economy. On another note: we should not have rewarded these companies for their failure. I believe we should have not given them a penny and let them fail. Has any anything positive or productive come from lending them millions?

  • shored said

    So nothing positive has come from the bailout? hmmm that is interesting because if the government did not bailout the Big 3 then millions of people would be out of jobs. And what would that do to our already horrible economy and unemployment rate? And as for people using trains and buying smarter cars it is already happening. Everyday people are trying to improve the envirnment and save money by doing cost efficient things such as taking the train and bying cars that use less gas. So honestly has the big 3 done nothing for us because obviously they have.

  • rideburton123 said

    silly shored. Nothing positive will come to our economy in the long run. All those people would still have jobs, if the automakers would just file for bankruptcy already and liquidate there assests to the more succesful foreign. Then all those employees would have more efficient jobs for our economy, while producing automobiles that Americans actually want. If the big three pulls through, they would still produce huge SUV’s. And yes people are doing many things to help the environment but the big three are not. Ford has had the technology to produce fuel efficient cars for many years but barely started commercializing them until recently(while still producing excursions, F-150s, etc etc). Honestly we need to let all three fail, let them restructure there management a bit and liquidate there assets to more succesful, smarter, and responsible industries. They are doing nothing but crippling our economy,

  • bmarch said

    i feel that the big three should be bailed out for the sole purpose that they have had a major effect on all of us throughout our lives. We wouldn’t be the same if we were dominated by foreign cars. This country has benefited from the big three throughtout their existence. Though it is unforunate that we give them millions of dollarsI feel that in the long run we will benfit from it just as they will. I did agree with Michael Moore on the fact that we should give them exactly what their motor compnay is worth and not an absurd ammount that they are request. Bail them out the coutnry wont be the same without them.

  • rideburton123 said

    bmarch>what evidence or consequences do you think we will benefit from? we are bailing them out now and lending them money. they are failing. and if they do succeed they will still be crushing our economy by producing less fuel efficient automobiles than the foreign cars. if the foreign automakers ran these companies we would still be the same, in fact even better because they would restructure the entire management, produce cars Americans want, and strengthen the economy. Giving these automakers money is just delying the inevitable fate of the big three. Which is failure.

  • Stacey McClure said

    Here’s a good fix. Instead of giving money directly to the car companies, Give about 10k to all of the welfare recipients who use the “I don’t have a car” excuse for not working. Stipulate that the check is only payable to a car dealership for the purchase of a new car. Stipulate further that they must keep the car for 7 years and must now find a job and get the heck off welfare! The Government saves by not having to pay the welfare and the auto industry gets money the old fashioned way, they earn it!!!

  • bmarch said

    rideburton123, i feel as if your too opinionated on how foreign car companies are the solution to this problem. You must understand that the big three have attributed so much to this country in so many aspects that they are really needed in our lives. Letting them go bankrupt would be a huge mistake. Though i do think “Stacey” has a very good idea and i can actaully agree with her. Bottom line is that this issue is effecting everyone and we must do anything we can to keep the big three in business.

  • rideburton123 said

    bmarch. first off “stacey” has the worst socialistic solution i have ever heard off. second, how much do they really attribute to our society nowadays? like i have said before they have been making irresponsible and unwise decisions for many years. They do NOT deserve the money they are being loaned and will infact become bankrupt anyways(Come on look at GM). Lending them the money was a huge mistake, and now we(taxpayers) will have to pay for their “bailout” since they will not be able to pay for it on their own. Its not effecting EVERYONE, let them go bankrupt and salvage what little they have left. Their image is ruined, they will never bounce back to an industry they once were. Looks like they should have followed the ideals and wise choices the foreign automakers use maybe the future of their business would have been a little brighter.

  • bmarch said

    I believe it will effect everyone if we let these three fail. for instance if Gm went iinto bankruptcy and didnt pay any of their trade debts the the whole domestic auto industry shuts down. Do you have a rebuttal to that?

    Also whether Gm survives for fails the taxpayers are already on the hook for billions of dollars that have been spent. From GM’s pension obligation which you forogt about, to all of the tax revenues to all the unmployment costs. Evaluate this then give me another rebuttal. =]

  • bmarch said

    Bottomline is we cant bail out now went in too deep. though i would be glad to hear your response to my previous comment.

  • rideburton123 said

    Just to make known bmarch, you had norebuttal for any of my previous comments, just vague and general statements like “it will effect everyone.” And our auto industry is already in a s***hole giving them this undeserved and worthless bailout will do nothing but pausing the downfall of GM and the auto industry. Sorry the billions of dollars lent will do nothing for your precious GM and Chrysler but further ruin their image and keep them afloat for a year or less. we will see if you favor the big three in ten years when they are nothing. :)