Michael Moore Says: Don't Give Big 3 The Bailout Money!
source: http://www.huffingtonpost.com/michael-moore/saving-the-big-3-for-you_b_147970.html
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- crob80227
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Mike does have a couple of alternative ideas thought, such as:
1. Transporting Americans is and should be one of the most important functions our government must address. And because we are facing a massive economic, energy and environmental crisis, the new president and Congress must do what Franklin Roosevelt did when he was faced with a crisis (and ordered the auto industry to stop building cars and instead build tanks and planes): The Big 3 are, from this point forward, to build only cars that are not primarily dependent on oil and, more importantly to build trains, buses, subways and light rail (a corresponding public works project across the country will build the rail lines and tracks). This will not only save jobs, but create millions of new ones.
2. You could buy ALL the common shares of stock in General Motors for less than $3 billion. Why should we give GM $18 billion or $25 billion or anything? Take the money and buy the company! (You're going to demand collateral anyway if you give them the "loan," and because we know they will default on that loan, you're going to own the company in the end as it is. So why wait? Just buy them out now.)
3. None of us want government officials running a car company, but there are some very smart transportation geniuses who could be hired to do this. We need a Marshall Plan to switch us off oil-dependent vehicles and get us into the 21st century.
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- News and Politics, Politics, Culture
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- Politics, News and Politics, Culture, Economy, 3 more
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TonyDukes
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I'm shocked, near speechless, for the first time this counter culture slob made sense.
He got fat from trying to eat the US Constitution. No explanation for his body oder except s..t stinks.
Meanwhile most of us law biding, conservative American's would like to see him reduce his diet and try to digest at 100 gr. bullet.
- 4 years ago
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TonyDukes
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KarlitoMosquito
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I heart Michael Moore so much! He is the only person out there that makes any sense to me.
- 4 years ago
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KarlitoMosquito
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robp24
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Detriot has spawned Million dollar rappers and ballers, they should get together and loan GM some money at 10% interest. That would keep Capitalism alive and boost patriotism not to mention maybe make the case that our American cars are worth buying.
Of course while maybe a good idea, if Detroit goes bankrupt the investors don't get thier money back. Hell, T. Boone Pickins could buy a 51% stake in GM and turn them around, but he's not. There must be a reason for that. I used to be for a govt. loan just to keep us out of a depression but they can't just take the money and run like the banks just did.
- 4 years ago
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robp24
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WhiteNoise
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sound reasonable... why do I get the sinking feeling it won't happen...
"Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx
Marxism we can believe in ;)
- 4 years ago
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WhiteNoise
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AveryMoore
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WhiteNoise:
"sound reasonable... why do I get the sinking feeling it won't happen..."
Because if it is reasonable then for book-baking, bait-and-switch, monkey business-as-usual types well it's obvious - enough just isn't Enough!
Imagine how well a combat brigade would perform without rules. That's how well business works once deregulated. "Reasonable? Looking out for Number One! That's Reasonable!" And that's what all of these clowns seem to have done.
- 4 years ago
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AveryMoore
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uppityprogressive
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Texaco bought the patent for the battery that ran the electric cars that were successful before they were "killed".
Use anti-trust law to remove the patent and require the big three to build only electric cars while the feds rebuild the grid to use renewable energy, subsidize solar panels for homes so people can charge their own cars.
Take ownership of the big three, turn it over to the industry workers. The corps don't deserve to profit from us any longer since they have behaved like robber barons and planet killers to line their own pockets.
- 4 years ago
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uppityprogressive
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AveryMoore
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uppityprogressive:
Is it time yet to ban anti-competitive buy-outs that deliberately halt tech progress? Anyone else remember when we took pride in our products because they were the best - a never because some swine in oil companies decided to prevent the country from moving forward.
Enough.
Time for very tough legislation. Let's get back into the innovation and tech leadership business.
- 4 years ago
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AveryMoore
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WhiteNoise
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I'm afraid 'lenhart' is right on the money... Just as Kucinich & Nader were & still are, but who listens or agrees with to those guys ? 1% of the US population our last elction says... this is going to be a long winter...
HIGHEST BIDDER
http://www.youtube.com/watch?v=MmhL8bjL9vc* WAKE UP AMERICA !
http://www.youtube.com/watch?v=bVp9cWOcZ7g"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." - Justice Louis D. Brandeis (1856-1941) US Supreme Court Justice
"Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other." ~ Oscar Ameringer
CITIZENS 2.0 : PLAYERS NOT CHEERLEADERS !
STOP JUDGING POLITICIANS ON WHAT THEY SAY BUT ON WHAT THEY DO !
“We can't solve problems by using the same kind of thinking we used when we created them.” Albert Einstein
"The essence of oligarchical rule is not father-to-son inheritance, but the persistence of a certain world-view and a certain way of life ... A ruling group is a ruling group so long as it can nominate its successors... Who wields power is not important, provided that the hierarchical structure remains always the same.": George Orwell, 1984
- 4 years ago
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WhiteNoise
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lenhart
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WhiteNoise:
Brandeis hit the nail on the head! Great quote...
- 4 years ago
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lenhart
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lenhart
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I am increasingly of the opinion that the 'BAILOUT' is another Bush scam. Only the big banks will benefit. And at the end of this 'crisis', the rich elites will be even richer than they already are. This is Bush's last 'fuck you' to the American people.
This FITS the GOP/right wing pattern made most obvious with the rise of REAGONOMICS, that is, WEALTH IS IN FACT TRANSFERED UPWARD TO THE RULING ELITES.
Check out the facts of that at the Bureau of Labor Statistics, the Department of Commerce - BEA, the Census Bureau.
Those numbers prove beyond any reasonable doubt that Ronald Reagan's infamous 'supply side' tax cut benefited ONLY the upper quintile. But for a brief period in Clinton's second term, the FLOW of wealth upward has continued.
NOW --about one percent of the nation owns more than than about 90 percent of the entire population COMBINED!
This is done in many ways: 1) unfair tax cuts which have, in fact, shifted the tax burden to poor and middle class families'; 2) well-timed recessions which BENEFIT the investor class, providing them with opportunities in which to buy up cheap stocks and depressed real estate. 3) the Military/Industrial complex which wages war for its living and in the process ENRICHES on the big defense contractors.
Like Rome, the US has become a bloated, inefficient empire which produces very little of lasting value. Indeed, the biggest US exports are DEATH AND DESTRUCTION via the WAR BUSINESS.
Most of the goods you buy are no longer made in the US. They come from China, Japan, and Taiwan. Programming is done in India. These deals can be traced back to Nixon's famous trip to China and Reagan's subsequent sellouts and betrayals of the both American industry AND American labor.
- 4 years ago
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lenhart
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AveryMoore
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T_Rose,
Let me congratulate you.
You have provided zero insight into how to keep Americans employed, why or how to de-link transportation from commercial anarchy and relink it to an actual coherent transportation policy, and keep maybe 500,000 of your neighbors paying for their kids future, their mortgages and so on, rather than by simple stupid inaction risk losing their livelihoods, homes, security and as the crisis mushrooms and spreads further, they all form up at soup kitchens. With you.
BTW. Who the F*** cares what T_Rose has to say? Given that T_Rose really has nothing to say.
- 4 years ago
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AveryMoore
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WhiteNoise
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Ready to bail out the electric car killers ?
I think not !
Who Killed the Electric Car?
http://www.sonyclassics.com/whokilledtheelectriccar/http://en.wikipedia.org/wiki/Who_Killed_the_Electric_Car%3F
Watch it here...
http://video.google.ca/videoplay?docid=5871495968130273402&ei=l0w1SbrOK5HuqA...“We can't solve problems by using the same kind of thinking we used when we created them.” - Albert Einstein
http://www.whokilledtheelectriccar.com/
100% ELECTRIC CARS & NATURAL GAZ TRUCKS !
GO USA 2.0 !
- 4 years ago
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WhiteNoise
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WhiteNoise
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WhiteNoise:
ABOUT USA 1.0 ;)
Stumbled upon this & went...humm !
The Great Amnesia
How we became slaves to oil
http://brasschecktv.com/page/421.htmlHistory tells us the US went from whale oil to kerosene for lamps courtesy of the ingenuity of John Rockefeller and Standard Oil.
It also tells us that gasoline and diesel made from oil and was the only practical source of fuel for motor vehicles (cars, trucks, buses and tractors.) Still is, so they say.
But think about something for a moment.
Prohibition was the total ban on alcohol manufacturing in the US from 1919 to 1933.
We accept it as a force of nature and never examine it.
The US is a hard drinking nation. Always has been and back when this ban was put in place it was far more so. The people who put Prohibition in place were men, most of whom were serious drinkers themselves.
Are we to believe that these 1919-era men were led and controlled a group of 1919-era church ladies?
Does that make any sense?
Is it a coincidence that the ban of alcohol production took place just as the fledgling auto industry was gaining traction and alcohol was the obvious and superior choice for fuel?
And was only lifted after the local alcohol-for-fuel infrastructure was completely destroyed, forgotten and supplanted by oil industry giants?
Am I saying that the last 90 years of the economic, political, and ecological rape of the world by oil companies has been a total con job, enforced with violence and supported by generations of corrupt politicians (Cheney, Bush Sr., Bush Jr., Nixon, and on and on it goes.)
Yes, that's exactly what I'm saying.
************WARNING************
This surely must be another of them pesky conspirationist rant ;)
"The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists."- J. Edgar Hoover
"The American people don't read."
- Former CIA director Allen Dulles, speaking about how the American people would respond to the inconsistencies in the Warren Commission report on the JFK assasination - 4 years ago
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WhiteNoise
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cerulean226
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Go Michael Moore! He is so right!
- 4 years ago
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cerulean226
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T_Rose
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Who the F*** cares what Micheal Moore has to say?
- 4 years ago
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T_Rose
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WhiteNoise
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T_Rose:
Anybody with half a brain who can digest more than intellectual pabulum ?
- 4 years ago
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WhiteNoise
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Patio_Patty
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I love this guy! I saw his first documentary "Roger & Me" about the crisis in Flint, Michigan which happens to be where I was born. I still have many relatives out there so I basically watched it because of that. I walked away with a new perception of what it takes to confront someone the way Michael does. Olberman is on in 10 minutes...I gotta go!
Peace!
Patio Patty © - 4 years ago
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Patio_Patty
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cantucwearebrothers
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I really like Michael Moore.
I love that he has the platform that he does to speak his mind. Which 95% of the time I happen to agree with. :)
I do wish he would eat right and exercise more, but that's beside the point.
- 4 years ago
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cantucwearebrothers
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1percent
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Let them Fail!
Time for them to be consumed by the consumers.
Pareo Nullus
- 4 years ago
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1percent
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jh64487
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thanks for the update onechance! i woulda missed that one.
he's right.
- 4 years ago
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jh64487
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onechance
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jh64487:
Anytime! I agree. He's spot on. I emailed him today to tell him thanks for speaking out against these miserable failures.
- 4 years ago
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onechance
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PressCore
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During the 90s the U.K. of the Netherlands phased out the result of the World Oil Monopoloy's legacy which is Big Chemical. The Dutch avowed that in increments of 10% per year over 10 years, by 2000 there would be an absolute ban on the use of artificial fertilizers, pesticides, fungicides so that ALL Dutch food would be organic the way that God intended Nature to produce. They knew that anything less would polute their Earth & Water and would be a fraud on their food supply. We could easily do this with Big Oil itself once we show Washington that
we have the resolve. We need to rid ourselves of the
World Oil Monopoly by phasing them out in this same pattern. But the only way we can do that is to outlaw the internal combustion engine. It's no secret that the
World Big Oil Monopoly has dominated the "big 3" for the past 100 years like puppets on their strings. How else could such an inferior technology as the gas engine have survived without competition ? This is a technology that's so inefficient and inferior that it was made obsolete only 33 years after it was invented in 1875. Can you immagine the kind of superior electric cars we'd have now if the Govt. had backed Nicolas
Tesla and Westinghouse 100 years ago ? 100 years of research & development, and practical application would have us booming now instead of in a Great Depression when our money is nearing cardiac arrest.
Tesla warned people that all that's going on now would happen. Noone listened to him. It's still not too late. Maggie K. mentioned that England bailed out British Leyland in the 70s with much more money,and they failed anyway. There's a lesson to be learned in that. What we realy need too is a way to reform the way the "big 3" and all their support base does business with the public. They've produced cheap crap money pits that rust out prematurely..Their cars are junk even when they're brand new in the showroom because they're designed to nickel and dime people to death with inferior value at exorbitant prices. If they are to be viable they have to turn all that abuse around. Making inexpensive, simple electric cars costing about $12,000. which are warranteed to last 250,000.miles, are made out of non rusting composite materials, and have the new
nano silicone type lithium ion batteries would do it.
Making very simple designs with very few moving parts that are durable, and aren't specificaly designed to nickle and dime the consumer to death
would accomplish that low price.The corrupt system they've always had, which is to produce a $20,000 car with inferior parts designed only to force you to replace them with $100.000. shows the kind of pathetic carnival shills these bloody bastards realy are.Having a car should not be like having 2 dependents. They're not your family !!! Holding such a vast amount of American jobs hostage like human shields shows exactly how so many parasites and so few real producers have made their industry legitimized Extortion Racketeering and Fraud. If they're not willing to change, piss on them. Look on the faces of
2 of those 3 pictured above and ask yourself how embarrsingly stupid those expressions are. They look like little kids who don't have a clue where it all went wrong. GREED IS WHERE IT ALL WENT WRONG !!! - 4 years ago
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PressCore
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onechance
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He'll be on Olbermann tonight too talking about this.
- 4 years ago
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onechance
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bluestranger
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This idea might be one of the best suggestions for the economic and enviromental crisis so far. Hopefully it want be to uncomplicated for our public servants to digest.
- 4 years ago
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bluestranger
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crob80227
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This idea makes sense:
"What I'm proposing has worked before. The national rail system was in shambles in the '70s. The government took it over. A decade later it was turning a profit, so the government returned it to private/public hands, and got a couple billion dollars put back in the treasury."
The Big 3 have tremendous manufacturing ability...why not give them a mandate to build something other than cars?
- 4 years ago
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crob80227