Countdown: Michael Moore on the Auto Bailout

Keith talks to Michael Moore about the proposed bailout of the auto industry and how it should be handled.

Crossposted at:
http://videocafe.crooksandliars.com/heather/countdown-michael-moore-auto-bailout

Category:

News & Politics

Tags:

• Countdown
• Keith
• Olbermann
• Auto
• Bailout
• Michael
• Moore

[TheDopeMage]

He has some VERY valid points on here! The fat cats in management shouldn`t be rewarded for their failure, they should be FIRED.

[TheDopeMage]

Your first sentence fails because it`s Ad Hominem.

Secondly, Michael Moore never said Cuba has "the best health care in the world".. it has SOME of the best. Cuba may be a shitty country but at least the sick aren`t kicked out on the street because they can`t AFFORD medical treatment like they do here. HMO, anyone?

Thirdly, you`re talking as if Moore is for the 18 billion dollar bailout. Nope.

And lastly, Have you watched the news in the last 5 months and SEEN WHAT DEREGULATION HAS DONE?

[StillxDRE]

The problem is too many people buy foreign goods. The bailouts were needed to insure that 3 million jobs wouldn't be lost. The need for hybrid cars is not necessary. 70% of the worlds energy crisis comes from electricity. Most of the electricity comes from generators and inefficient light bulbs etc. That is what the focus should be on.

[DimensionalVibration]

They aren't intellegent enough to understand that the Japanese and German auto market is dominating the North American market because their cars are more fuel efficient and reliable. Volkswagon, Honda, Toyota, Suzuki, Subaru, BMW and all these companies are making a killing because they build cars that people WANT to buy, rather than some big clunkers that still run exclusively on gas. Kudos to Michael for telling it how it is!

[7475flyersfan]

if the gov owned 60% why didnt they tell gm to make car people want

[hendodabest]

When will these arrogant automoile assholes realise,They need us consumers.we don't need them.

[jetttomaing]

if banks arent investing in the auto industry... then you shouldnt too!

[AphoticAquatic]

I think your on to something. I think it's time for a new kind of action in this country.

[shawnlshs]

That's because the people that voted for Bush didn't know any better. After all they thought he was going to be a good president.

[df2222]

Banks are already paying the government back with interest. For GM to be a positive investment for the tax payer, the market valuation of the equity has to exceed 160% of its peak valuation from back in 2000 when SUVs (the most profitable vehicles for auto makers) were booming. It's fun and popular to hate the bankers but that union boy pulling down $85k annually to work 38 hours a week making lemons is reaping what he's sowed. Now he's gonna pick our pockets as well.

[dukeriluo]

or you can all keep buying pontiacs ....Australia needs you money too :D

[Jamie2256]

hahaha :)