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Episode 0018

Summary

A news report from Washington D.C. covers a protest against a proposed bailout for the auto manufacturing industry. A reporter interviews a protestor who expresses anger over the perceived injustice of giving taxpayer money to mismanaged, nearly bankrupt companies whose executives still make millions and fly private jets, while acknowledging the argument that the bailout could save jobs.

00:00 00:00

Transcript (Click timestamp to jump)

00:11 Speaker 1

This is Action 5 News reporter Sarah O'Connell, reporting live from Washington D.C., where a protest has broken out. Thousands of angry citizens are protesting against the proposed bailout of the auto manufacturing industry.

00:24 Speaker 1

Sir, sir, Sarah O'Connell, Channel 5 News. Can you tell us what's happening?

00:29 Speaker 2

Yeah. Yeah, we're here because we feel this is an injustice. The financial irresponsibility of big business has to stop. We're here to show the government that we don't like the way they're spending our tax dollars.

00:42 Speaker 1

Sir, but what exactly is making everyone so angry?

00:45 Speaker 2

It's an absolute outrage, Sarah. The US government wants to give $25 billion of taxpayers' money to the auto industry. These are companies that have been mismanaged and are now nearly bankrupt.

00:58 Speaker 1

I see. But many supporters of the bailout argue that it could help save the jobs of millions of hard-working Americans.

01:05 Speaker 2

That may be true, and I for one don't want to see anyone lose their job. But how can these CEOs ask for a bailout when they're making millions of dollars? And then they have the nerve to fly to Washington in private jets. This costs hundreds of thousands of dollars. They're asking for money. That is just not right.

01:23 Speaker 1

Good point. This is Sarah O'Connell, reporting live from Washington D.C. Back to you, Tom.