Sunday, December 7, 2008

Exclusive: Jay Leno on the Bailout

Once you Lose American Manufacturing, It’s Gone Forever. In an exclusive interview with PM, Jay Leno gives his take on the auto bailout.

I think we should bail them out. To me it’s like class warfare. The white-collar guys get a bailout and the blue-collar guys don’t? That’s crazy. You know, I’d rather help a guy with a wrench in his hand than some guy sitting in front of a keyboard.

We’ve given the banks $700 billion. Does it seem like anything has actually happened with that money? No. But when a factory closes, boy, you’ll see the effect of that right away. You’ll see towns go under and you’ll see lives ruined. That town will never be a manufacturing center again. At best those old buildings will become a mall or a Wal-Mart.

I look at it this way: I don’t necessarily want to loan my brother-in-law money, but he’s family. To me, GM, Ford, Chrysler and the suppliers that go along with them are our family.

We barely make anything in this country anymore as it is. And once you lose this manufacturing infrastructure, it’s pretty much gone forever.

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1 comment:

MacGecko said...

General Motors: Myths And Reality