Published on September 21st, 2012 | by Christopher DeMorro16
Video: Fox News Gets A Lesson On Civility, Economics From Ford CEO
Instead, Mulally told Cavuto that without the auto bailouts, the entire auto industry would have been in “real trouble.”
The beginning of the interview has Cavuto almost harassing Mulally, repeating three times the Volt “must stink” compared to the new Fusion Hybrid. What does Mulally do? He says “Well it gets 8 mpg better than the Toyota Camry Hybrid.” In fact, “Volt” does not pass from Mulally’s lips once, though Cavuto goes on to talk about the “government takeover” that happened to GM. Oh lawdy.
Make no mistake, I am a Ford man, through and through, and Mulally is a hero in my book for turning around Ford. Cavuto at least remembers that Ford also went to Capitol Hill with GM and Chrysler to pull for a national auto bailout…under President Bush. While Mulally also goes on to claim they didn’t take “one cent” of bailout money, which is technically true, Ford was granted a $5.9 billion low-interest government loan to makeover 5 of its factories in the fall of 2008. Technically not a bailout, but Fox News has had no problem calling out Tesla, who received just $465 million under the same program. So, yeah.
But the real kicker is this; Cavuto asks Mulally if he thinks that Ford and other automakers would have survived without that bailout. Mulally’s response? “We all would have been in real trouble.”
BOOM! Schooled. Maybe it turns out the GOP, Mitt Romney, and Fox News have been getting their facts all wrong? Good luck getting them to admit that. But I think Mulally showed a lot of class by not giving into Cavuto’s Volt-baiting, despite the intense rivalry between Ford and GM, and then laying on the truth about the auto bailouts.
Yup, I’ve got a bro-crush on Mulally. The man saved my favorite automaker, AND smacked a Fox News anchor upside the head with just-the-facts (mostly). Big ups Mr. Mulally. Big ups.
Source: Media Matters