Tags: moore | gm | bankruptcy

Michael Moore: GM's Bankruptcy Fills Me With Joy

Monday, 01 Jun 2009 08:32 PM


Filmmaker and leftist activist Michael Moore said the demise of General Motors filled him with ‘joy’ Monday and then suggested the Obama administration launch into a massive socialization of U.S. industry to build ‘green’ autos and bullet trains.

To pay for it all, he suggests a $2 per gallon federal tax.

Writing on The Daily Beast Web site, Moore said he was writing from Flint, Michigan, GM’s birthplace, which he described as abandoned and emptied by the company’s incompetence and eagerness for cheap labor.

“Who among us wants $50 billion of our tax dollars thrown down the rat hole of still trying to save GM?,” wrote Moore, who came to fame with a film, “Roger & Me” that mocked GM’s management in the 1980s.

“It refused to build automobiles that the public wanted, cars that got great gas mileage, were as safe as they could be, and were exceedingly comfortable to drive. Oh—and that wouldn't start falling apart after two years. GM stubbornly fought environmental and safety regulations. Its executives arrogantly ignored the "inferior" Japanese and German cars, cars which would become the gold standard for automobile buyers,” Moore wrote.

He then gives 10 suggestions for revamping the auto industry and the entire U.S. infrastructure.

First, he proposes taking the money being poured into GM to give laid off workers of all stripes jobs in a massive reindustrialization similar to the World War II effort.

“Announce that we will have bullet trains criss-crossing this country in the next five years. Japan is celebrating the 45th anniversary of its first bullet train this year. Now they have dozens of them. Average speed: 165 mph., “ Moore writes. “Average time a train is late: under 30 seconds. They have had these high-speed trains for nearly five decades—and we don't even have one! The fact that the technology already exists for us to go from New York to L.A. in 17 hours by train, and that we haven't used it, is criminal.”

In addition to the bullet trains, Moore suggests building light-rail systems across the entire United States. In small towns not served by the systems, he suggest setting up factories to build hybrid cars. GM factories will be converted into centers for wind power and solar energy construction.

How will he pay for all of this?

“To help pay for this, impose a $2 tax on every gallon of gasoline. This will get people to switch to more energy-saving cars or to use the new rail lines and rail cars the former autoworkers have built for them.”

“Please, please, please don't save GM so that a smaller version of it will simply do nothing more than build Chevys or Cadillacs,” he added. “This is not a long-term solution. Don't throw bad money into a company whose tailpipe is malfunctioning, causing a strange odor to fill the car.”


© 2015 Newsmax. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved