SNL: Big Three Bailout Hearing

An excellent sketch from this past weekend’s SNL spoofing the automakers’ appearance before Congress.

I’m not sure how long this will be on YouTube as it’s almost certainly a copyright violation and NBC tends to be quite aggressive about these things, so enjoy it while you can.

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21 Replies to “SNL: Big Three Bailout Hearing”

  1. I thought that the sketch was more than harsh. The bogus quality issues mentioned further fed a false interpretation. That’s not what the industry needs or deserves. Feeding those falsehoods, in comedy or not, is going to screw alot of hard-working people. Please be a little more careful. Apparently NBC doesn’t need the advertising dollars.

  2. I heard it was only $20 billion. 😉

    Funny how these amounts of “magic money” are getting ridiculously abstract, isn’t it? Now we’re quibbling over $50 billion.

  3. It’s funny how some of you think it’s skits like this that screw alot of hard working people. You don’t think it was the fault of the American auto industry management? Or maybe the fault of the unions? How can a company make money when the cost of labor (pay/benefits) is almost 2x as much as it’s competitors. And when did it become the US governments obligation to GIVE (because we all know it’s not a loan) to companies that are mis-managed? Do we really want our government to start controlling companies? This bankruptcy needs to happen as much as I hate to say it.

  4. I think people like “Kevin” are a HUGE part of the problem. People who can’t/won’t distinguish news from entertainment. That’s pretty much middle America right there.

    Let them fail. I couldn’t possibly care less at this point and Ontario needs shock therapy to re-orient it’s manufacturing base and capitalise on its productive and well-educated work force. Otherwise, we’re going down with the HMS America.

  5. Well, you know where I stand on the issue.

    Like it or not, these companies cannot be allowed to fail (as deserving of such a fate as they may be) because the repercussions would be too severe.

    The key at the moment is stabilization and your “shock therapy” — while perhaps quite theoretically sound in principle — would, I’m afraid, be fatal to the patient.

  6. The key at the moment is stabilization and your “shock therapy” — while perhaps quite theoretically sound in principle — would, I’m afraid, be fatal to the patient.

    Well, let’s give it a shot. If I’m wrong, I’ll owe you a coke.

    Really, when a demographic votes consistently against its own interests and begrudges every penny in public spending, as these workers have done lo these many years, then they need to understand fully that that has consequences.

  7. Ti: Let them fail. I couldn’t possibly care less at this point and Ontario needs shock therapy to re-orient it’s manufacturing base and capitalise on its productive and well-educated work force.

    Red: The key at the moment is stabilization and your “shock therapy” — while perhaps quite theoretically sound in principle — would, I’m afraid, be fatal to the patient.

    Naomi Klein’s Shock Doctrine notes a few cases — none of which ended well for the patient (ie. countries).

  8. Naomi Klein’s Shock Doctrine notes a few cases — none of which ended well for the patient (ie. countries).

    The economists, such as those recommending socialising private sector risk at this point, have treated Klein as an economic illiterate. So, who’s right?

    I’m being subversive. There’s no point in my going along with conventional wisdom at this point, especially since the establishment will end up doing what it wants to do anyway.

    But the happy motoring car culture is coming to end and the sooner the better, as far as I’m concerned.

  9. Yes, I know you’re being willfully contrarian as much as anything else. And not unjustly so. I’m attempting to be a tad more pragmatic and “realistic”… Never an altogether happy place.

  10. But the happy motoring car culture is coming to end and the sooner the better, as far as I’m concerned.

    Yeah, we all know that it can’t go on forever. The really depressing part is why we can never plan in advance and hopefully create an evolution instead of a crash to allow for the change. I mean we’re supposedly an intelligent species. We can do better than repeat the same mistakes over and over again.

  11. Hey, Red! Happy Birthday!

    I haven’t forgotten you, ya’ know. I usually click the link here from elsewhere, and by the time I catch up on what you have to say I don’t have time to comment, and, you know how it goes.

    Anyway, Vesti reminded me that you officially got older today, and I wanted to make sure to wish you a happy one.

    Now it’s really like the old days!

    *smooch*

  12. Bailout 2008, a poem by David Jeffrey:

    Like a bloodied warrior,
    laying broken and torn.

    Like a dying soldier, hopeless and forlorn.

    But the blood, it be green,
    the color of money.

    And the soldier is an economy,
    and it is anything but funny.

    Broken are it’s people and shattered are their dreams.

    Thanks to the ultra rich and their full proof schemes.

    It is a tragedy with more pain to come.

    Finance will be Hell, and their wills will be done.

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