Michael Moore talks about the auto bailout on MSNBC’s Countdown with Keith Olbermann last night (Dec.3,2008).
Michael Moore gives his opinion on what congress should do about the Big 3 Automakers and the auto bailout. At one point Moore asks this question in regards to GM, “Why should we give them $18 Billion when they are only worth $3 Billion?”
My question would be, “Why give them $18 Billion, even if they were worth $18 Billion?” Just to throw it into The Money Hole?
Watch the Video:
The Big Three Automakers had their CEOs make their pitch for $34 Billion today (Dec.4, 2008) and that the auto industry is in a crisis. You just need to read Naomi Klein’s book “The Shock Doctrine
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