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Saturday, December 06, 2008

Michael Moore: Save the Auto Industry and Kick Its CEOs to the Curb By Michael Moore,

And I care about what happens with the Big Three because they are more responsible than almost anyone for the destruction of our fragile atmosphere and the daily melting of our polar ice caps.

Congress must save the industrial infrastructure that these companies control and the jobs they create. And it must save the world from the internal-combustion engine. This great, vast manufacturing network can redeem itself by building mass transit and electric/hybrid cars and the kind of transportation we need for the 21st century.

And Congress must do all this by not giving GM, Ford and Chrysler the $34 billion they are asking for in "loans" (a few days ago, they only wanted $25 billion; that's how stupid they are -- they don't even know how much they really need to make this month's payroll. If you or I tried to get a loan from the bank this way, not only would we be thrown out on our ear, the bank would place us on some sort of credit-rating blacklist).

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