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the always controversial michael moore for the hour. this is piers morgan tonight. good evening. michael moore is one of my favorite guests. mainly because he always causes trouble. he s a passionate advocate for america s working class. a man who is never i mean never afraid to speak his mind. the last time he was here, things got heated. he promised to come back anyway. and being a man of his word, he s here tonight. his latest book is here comes trouble, stories from my life. welcome back you calmed down since our last encounter. no, i haven t. that s okay. people say to me, what s he like away from the camera? is he as fired up and angry? does he wake up in the morning like john mcenroe and start screaming at people? what are you like? you actually have seen me backstage here. so i think you would say that i m actually kind of a quiet you are. you re a contradiction. shy person. but i m listen, i didn t make my first movie till i was 35. so i w ....
the always controversial michael moore for the hour. this is piers morgan tonight. good evening. michael moore is one of my favorite guests. mainly because he always causes trouble. he s a passionate advocate for america s working class. a man who is never i mean never afraid to speak his mind. the last time he was here, things got heated. he promised to come back anyway. and being a man of his word, he s here tonight. his latest book is here comes trouble, stories from my life. welcome back you calmed down since our last encounter. no, i haven t. that s okay. people say to me, what s he like away from the camera? is he as fired up and angry? does he wake up in the morning like john mcenroe and start screaming at people? what are you like? you actually have seen me backstage here. so i think you would say that i m actually kind of a quiet you are. you re a contradiction. shy person. but i m listen, i didn t make my first movie till i was 35. so i w ....
moore can ceos actually be part of the solution? the always controversial michael moore for the hour. this is piers morgan tonight. good evening. michael moore is one of my favorite guests. mainly because he always causes trouble. he s a passionate advocate for america s working class. a man who is never i mean never afraid to speak his mind. the last time he was here, things got heated. he promised to come back anyway. and being a man of his word, he s here tonight. his latest book is here comes trouble, stories from my life. welcome back you calmed down since our last encounter. no, i haven t. that s okay. people say to me, what s he like away from the camera? is he as fired up and angry? does he wake up in the morning like john mcenroe and start screaming at people? what are you like? you actually have seen me backstage here. so i think you would say that i m actually kind of a quiet you are. you re a contradiction. shy person. but i m listen, i ....
To bail them out? good morning to you, steve. what are we going to do in this mess? probably bail them out. i hate to say that, bill. but what do we do any time we get into financial distress with banks or insurance companies or auto companies? we bail them out. and my prediction, bill, is that the peng funds, especially state and local pension funds, is going to be the next big federal bailout. bill: so you think taxpayers are going to be on the hook for this? i do. bill: for what was negotiated years ago and guaranteed a return of 8 percent? it s good money if you can get it, right? let s clarify this, bill. we re talking about two different types of pensions. there s the private pension and those are guaranteed by something called the pension benefit guarantee corporation. that s one. the pension company the companies pay premiums into that program. but the other big pension bomb is state and local governments. you mentioned california, you mentioned new york. ....