December 5, 2013 - Alan Mulally

  • 12/05/2013

Stephen weighs flight against invisibility, Colorado legalizes pot, the GOP learns how to talk to women, and Alan Mulally discusses the Ford Mustang's 50-year legacy.

>> TONIGHT, WHAT HAPPENS WHEN ASTATE LEGALIZES MARIJUANA? FOR

THE FIRST FIVE HOURS, VERYLITTLE.

>> THEN REPUBLICANS REACH OUT TOWOMEN, AND THE WOMEN GET A

RESTRAINING ORDER.

AND MY GUEST ALAN MULALLY IS THECEO OF FORD.

OH, I LOVE THAT NEW GUEST SMELL.

ACTORS, HACKERS HAVE STOLEN THEBASS WORDS OF OVER 2 MILLION PA

ACCOUNTS, SO IT IS TIME TOCHANGE MINES

.. LADIES AND GENTLEMEN -->> STEPHEN! STEPHEN! STEPHEN!

>> Stephen: LADIES ANDGENTLEMEN, WELCOME, THANK YOU

FOR JOINING US.

THANK YOU SO MUCH.

THE ENERGY IN THIS ROOM, LADIESAND GENTLEMEN, I FEEL LIKE I AM

AN AUCTION AND I AM A PRIZECALF.

THE HAT OF THE MEAT, A LOT OFTHE MAJOR STORIES TO COVER

TONIGHT.

MASSIVE ANTI-GOVERNMENT PROTESTSBREAKING OUT IN UKRAINE, ATTACK

ON THE DEFENSE MINISTRY IN YESMEN, THOUSANDS OF FAST FOOD

WORKERS ON STRIKE ACROSSHUNDREDS OF CITIES IN THE UNITED

STATES, SO WE DIVE RIGHT IN ANDREAD SOME VIEWER MAIL.

>> FOLKS, GOT A BIG FILE RIGHTHERE.

OUR FIRST LETTER TONIGHT COMESTO US ON ACTUAL PAPER.

DEAR STEPHEN, WHICH POWER ISBETTER, FLIGHT OR INVISIBILITY?

I AM ASKING FOR A FRIEND.

SINCERELY, STEPHEN COLBERT, BUTNOT YOU.

THAT'S NICE, STEVEN, I RECOGNIZEMY OWN HANDWRITING.

OKAY, LET'S SETTLE THIS ONE, FORONCE AND ALL, OBVIOUSLY FLIGHT

AND INVISIBILITY HAVE BIG PROSAND CONS.

FLIGHT, PROBLEMATIC BECAUSE I AMSCARED OF HEIGHTS, BUT SO IS

INVISIBILITY, BECAUSE I AMSCARED OF PEOPLE NOT NOTICING

ME.

SO THAT'S A TIE.

ONE POINT EACH.

NOW LET'S TALK THE ECONOMICS OFTHE SITUATION.

THE MOST RECENT SUPERMAN GROSSED$291 MILLION AT THE BOX OFFICE

BUT THE "LORD OF THE RINGS"GROSSED 377 MILLION.

CLEARLY, THE MARKET SAYSINVISIBILITY, NOT TO MENTION,

THE INVISIBLE HAND OF THE MARKETIS INVISIBLE.

DOUBLE WIN FOR INVISIBILITY, TWOINVISIBLE THUMBS UP.

>> NOW, AS LONG --[ CHEERS AND APPLAUSE ]

>> Stephen: PEOPLE LOVE THEINVISIBILITY.

AS LONG AS WE ARE TALKING SUPERMAN, FOLKS, WITH FLIGHT, YOU

COULD FLY AROUND THE WORLDBACKWARDS TO REVERSE TIME,

THAT'S A HUGE POWER, BUT WITHINVICTIM, YOU CAN GO TO A DINNER

PARTY AND NOT HAVE TO DRINK TWOGLASSES OF RED WINE BEFORE YOU

FEEL COMFORTABLE.

>> AGAIN, ONE POINT EACH.

>> OF COURSE YOU HAVE GOT TOREMEMBER, ONLY YOUR BODY TURNS

INVISIBLE.

NOT ANYTHING OUTSIDE OF IT,THAT'S WHY THE INVISIBLE MAN HAD

TO GET NAKED TO DISAPPEAR.

SO IF YOU DON'T WANT TO BE ACLUSTER OF FLOATING CAR KEYS,

COINS AND CELLPHONES, THEY ALLHAVE TO GO UP THE BUTT.

NO, NO, HEY.

I'M SORRY.

YOU HAVE GOT TO IT.

TO IT'S NATURE'S POCKETS SO YOUMIGHT WANT TO RETHINK THAT

BOTTLE OPENER KEY RING.

FOLKS, I WOULD SAY THAT CLINCHESIT, ALSO, IT CLENCHES IT.

ALL RIGHT.

FLIGHT WINS! NO MORE ON THESUBJECT.

JIM, LET'S CLOSE THE

>> FOLKS, IF YOU WATCH THIS SHOWYOU KNOW I A AM NO FAN OF GAY

MARRIAGE, BUT IT ISN'T THE ONLYMORAL SINKHOLE SLOWLY SWALLOWING

AMERICA.

THERE IS ALSO THE GROWINGACCEPTANCE OF MARIJUANA

LEGALIZATION, WHICH ALSO LEADSTO GAY MARRIAGE, BECAUSE WHEN

YOU HAVE GOT THE MUNCHIES BADENOUGH YOU WILL PUT ANYTHING IN

YOUR MOUTH.

>> SUDDENLY, SUDDENLY, WHOA,THAT, YOU HEAR THAT FOLKS? THAT

WAS THE GASP OF RECOGNITION.

>> SUDDENLY, FOLKS, A MAJORITYOF AMERICANS FAVOR

DECRIMINALIZING SATAN'S OREGANOWITH 58 PERCENT FOR IT AND ONLY

39 PERCENT OPPOSED.

WHICH MEANS IF YOU TOOK A VOTETODAY, POT STILL BE ILLEGAL,

BECAUSE 58 PERCENT OF THE VOTERSWOULD BE AT HOME ATTEMPTING

TELEKINESIS ON A BURRITO.

PLUS YOU KNOW WHO IS REALLYHIGH? GALLUP POLLSTERS BECAUSE

THOSE NUMBERS ONLY ADD UP TO97 PERCENT:FOLKS, I SAY IT IS

MORE -- IT IS MORE THAN JUSTCHANGING OPINIONS, BECAUSE LAST

YEAR, VOTERS IN COLORADOLEGALIZED IT.

[ CHEERS AND APPLAUSE ]>> I HAVE WATCHERS, FIRST TIME

ANYWHERE IN THE WORLD MARIJUANAHAS BEEN REGULATED FROM SEED TO

SALE, IT WILL BE LEGAL FOREVERYONE TO BUY WEED FROM A

RECREATIONAL DISPENSARY.

>> RECREATIONAL SALES INCOLORADO ARE SCHEDULED TO BEGIN

JANUARY 1ST, 200014.

>> THAT'S RIGHT.

JANUARY 1ST, OR AS THEY CALL ITIN COLORADO, FOUR-20.

>> FOLKS, FOR THE FIRST TIME, WEARE TALKING ABOUT LEGAL

RECREATIONAL MARIJUANA.

IT'S A WHOLE DIFFERENT BALL GAMEFROM MEDICAL MARIJUANA, WHICH IS

USED TO TREAT NAUSEA, GLAUCOMA,AND THE TERMINAL LACK OF

RECREATIONAL MARIJUANA.

>> SOON, SOON, FOLKS, BUYINGWEED IN COLORADO WILL BE AS EASY

AS BUYING CIGARETTES.

>> HOW MIGHT IT IN DA HOW MIGHTIT BE SOLD.

>> THIS IS WHAT AMERICANS AREFAMILIAR WITH WHEN IT COMES TO

THIS SORT OF SUBSTANCE.

IT WILL BE SOLD A LITTLE LIKEYOU SELL TOBACCO IN THESE SHOPS,

ALONG IN GLASS CONTAINERS JUSTLIKE THIS.

IT IS GOING TO BE LIKE WALKINGINTO A CIRCLE K.

AS SOMEBODY WHO IS NOT ACOLORADO, CHOLERA DON YOU CAN

WALK IN, STARTING JANUARY 1ST,AND YOU CAN BUY UP TO A QUARTER

OUNCE.

>> YOU CAN BUY ALL YOU WANT.

>> YES, YOU CAN BUY WEED ALL DAYLONG, IT WILL BE LIKE THE

PARKING LOT AT A PHISH CONCERT,AND BEST OF ALL, PHISH ISN'T

PLAYING.

[ CHEERS AND APPLAUSE ]

>> WE HAVE SOT PHISH FANS HERETONIGHT.

AND THE DARK, SHADY I HAVE OFLEGAL POT IS BECOMING SO

MAINSTREAM THE DENVER POST JUSTANNOUNCED THAT IT WILL HIRE A

POT EDITOR.

IT WILL BE EASY TO IDENTIFY THECOLUMN BECAUSE IT WILL JUST BE A

HANDWRITTEN NOTE ASKING FOR ANEXTENSION.

FOLKS, COME ON, IF WE ARE ALLADULTS.

>> ALL OF US KNOW WHERE THISLEADS.

THE POT EDITOR IS JUST A GATEWAYJOB TO A METH EDITOR.

WHOSE COLUMNS ARE 2-CENT METERSWIDE, 30 FEET LONG AND WRITTEN

WITH A BROKEN CHICKEN BONE.

YOU WOULD HAVE TO BE HIGH TOTHINK THIS IS A GOOD IDEA.

HERE NOW TO TELL ME IF IT IS AGOOD IDEA IS THE NEW POT EDITOR

OF THE DENVER POST, RICHARDBACA, MR. BACA, THANKS SO MUCH

FOR JOINING US.

[ CHEERS AND APPLAUSE ]>> Stephen: MR. BACA, FIRST

QUESTION, ARE YOU A COP? BECAUSE IF YOU ARE A COP AND YOU

DON'T TELL ME THIS ISENTRAPMENT.

>> I HAVE NEVER BEEN A COP, NO.

I AM A.

>> I HAVE BEEN -- 20 YEARS.

>> Stephen: OKAY.

AND HOW DO YOU GET THIS JOB AS AJOURNALIST?

>> WE WERE ALL SITTING AROUNDONE NIGHT AND WENT, YOU KNOW

WHAT WOULD BE GREAT? TO GETPAID TO DO THIS! WELL, YOU

KNOW, WE HAVE BEEN COVERING THEBEAT PRETTY INTENTLY.

>> Stephen: OH, I BET YOUHAVE.

I BET YOU HAVE.

ARE YOU HIGH RIGHT NOW? ARE YOUHIGH RIGHT NOW?

>> I AM DEFINITELY NOT HIGHRIGHT NOW.

>> ARE YOU SURE? MY FACE ISN'TA GIANT BEAK? AM I FREAKING YOU

OUT RIGHT NOW? HUH? WE AREGOING DOWN THE HALLWAY AND

TAKING TURNS.

YOU ARE NOT HIGH NOW, BUT DO YOUSMOKE POT AT ALL?

>> I DON'T SMOKE POT.

I DO EAT IT, THOUGH.

>> Stephen: OH, OKAY.

>> OH.

OH.

OKAY.

HOW IS THIS GOING TO BEREGULATED, SIR?

>> WELL, PRETTY INTENSELY BY THESTATE, YOU KNOW, THE STATE HAS A

HISTORY WITH REGULATING MEDICALMARIJUANA, SO THEY ARE KIND OF

TAKING WHAT THEY HAVE LEARNEDTHERE AND APPLYING IT TO

RETAIL/RECREATIONAL MARIJUANA,WHICH BECOMES LEGAL ON JANUARY

1ST.

>> Stephen: IS IT GOING TO BETAXED?

>> HEAVILY, YES.

SO IF YOU BUY MEDICAL MARIJUANA,IT IS ABOUT A FIVE PERCENT TAX

AND NEW RETAIL MARIJUANA WILL BEA 25 PERCENT TAX, WHICH INCLUDES

-->> Stephen: 25? A 25 PERCENT

TAX ON A DOOBAJ?

>> THAT'S ABOUT RIGHT, IS IT NOTWORTH IT, STEPHEN?

>> Stephen: IT IS MORE TAXTHAN TOKE LIBERALISM IN MY

OPINION, WHY DON'T YOU JUST MAKEIT 85 PERCENT AND GIVE ME YOUR

CAR WHEN YOU ARE HIGH.

THEY WILL NEVER KNOW THEDIFFERENCE.

TAKE IT!

>> A CERTAIN PERCENTAGE ISDEFINITELY GOING TOWARD THE

BUILDING OF SCHOOLS, I BELIEVEIT IS THE FIRST 40 MILLION

RAISED FROM RECREATIONAL SALES.

>> Stephen: WHAT WERE YOURRESPONSIBILITIES AS THE POT

EDITOR FOR THE DENVER POST BE?

>> I AM HIRING A POT CRITIC FROMCOLORADO, IF YOU KNOW ANYBODY.

>> Stephen: YEAH, YEAH, I KNOWA FEW PEOPLE BUT I NEED THEM IN

MY EDITING ROOM.

>> YOU CERTAINLY WANT AREVIEWER, YOU WANT A CRITIC OF

POT.

>> YES.

>> Stephen: ANYBODY YOU LIKE?

>> I GOT ONE VIA TWITTER.

>> Stephen:.

>> Stephen: DUDE, I AM BAKEDOUT OF MY SKULL.

>> YOU WOULD NOT BE SURPRISED.

>> Stephen: IT GIVES KIDS ANEXCUSE ALL OVER THE NATION WHO

GET CAUGHT SMOKING POT THEY CANJUST TELL THEIR PARENTS, MOM, I

AM PREPARING FOR A CAREER INJOURNALISM.

>> WE ARE NOT ENCOURAGING THAT,ABSOLUTELY NOT.

>> Stephen: WHAT IF THEY HAVEA FRIEND THAT GOES TO VACATION

TO COLORADO AND HOW MUCH CAN YOUBUY.

>> IF YOU ARE A RESIDENT YOU CANBUY AN OUNCE A DAY AND IF YOU

DON'T, YOU CAN BUY UP TO AQUARTER OUNCE PER DAY.

>> Stephen: THAT'S A LOT OFPOT! A QUARTER OUNCE A DAY?

>> IT IS A LOT OF POT.

>> Stephen: WHAT CONFUSES MEMOST IS IF EVERYBODY IN THE

STATE CAN HAVE A QUARTER OUNCEOF POT IN THEIR POCKET HOW WILL

YOU INDISCRIMINATELY ARRESTYOUNG BLACK MEN? ON WHAT

GROUNDS WILL YOU IMPRISON THEM?

>> IF YOU ARE A CITIZEN OFCOLORADO YOU CAN HAVE A QUARTER

OUNCE, BUT UP TO TWO OUNCES FORMEDICAL.

>> Stephen: WE WILL TALK ABOUTTHE ARRESTS.

IF SOMEONE DID GET ARRESTED ANDIS IN JAIL NOW FOR POT

POSSESSION IN COLORADO, ONJANUARY 1ST WHEN IT BECOMES

LEGAL DO THEY GET TO GET OUT OFJAIL?

>> I DON'T BELIEVE SO.

I DON'T KNOW THE ANSWER TO THATQUESTION.

>> Stephen: CAN WE AT LEASTBRING THEM POT IN JAIL TO MAKE

IT A BETTER EXPERIENCE?

[ CHEERS AND APPLAUSE ]>> YOU MIGHT BE ON TO SOMETHING.

MAYBE THE STATE IS PLANNING ONDOING THAT. I AM NOT SURE.

I DOUBT IT THOUGH.

>> Stephen: A POLITICIANS WHOCAMPAIGN IN COLORADO WILL HAVE

TO STOP BY THE STATE FAIR ANDJUDGE THE TASTIEST BUD.

>> THEY WILL HAVE LIKE A -->> VOTE FOR ME! THANK YOU SO

MUCH FOR JOINING US, RICARDOBACA, THE DENVER POST MARIJUANA

EDITOR.

WE WILL

>> Stephen: WELCOME BACK,EVERYBODY.

WELCOME BACK.

THANK YOU SO MUCH, EVERYBODY.

HERE, GET THESE PEOPLE SOMEEXERCISE.

NATION, THERE ARE ONLY 334SHOPPING DAYS LEFT UNTIL THE

2014 MIDTERM ELECTIONS, BUY YOURCANDIDATE NOW.

AND I'M LOOKING FORWARD TO APUEBLO YOUTH, UNFORTUNATELY THE

GOP IS HAVING SOME SERIOUS LADYTROUBLES AND NOT THE KIND OF

LADY TROUBLES THAT CAN BE SOLVEDWITH A QUARANTINE TENT.

ACCORDING TO AN OCTOBERABC,/WASHINGTON POST/FLINTSTONES

CHEWABLES POLL 63 PERCENT OFWOMEN HAVE AN UNFAVORABLE VIEW

OF THE REPUBLICAN PARTY I DON'TGET IT, OVER 90 PERCENT OF

CONGRESSIONAL REPUBLICANS AREDUDES.

LADY IT'S A SAUSAGE FEST.

IT IS RAINING MEN, HALLELUJAH,IT IS RAINING MEN!

>> BELLY UP TO THE BUFFET.

>> FOLKS, THERE IS SOME GOODNEWS OUT THERE, APPEALS TO WOMEN

IN 2014, REPUBLICANS ARE TRYINGSOMETHING NEW, ANYTHING.

>> ACCORDING TO THE POLITICO,JOHN BOEHNER'SED TO AIDES HELD A

SEMINAR TO DISCUSS HOW LAWMAKERSSHOULD TALK TO FEMALE

CONSTITUENTS AND IT ONLY MAKESSENSE THAT ONE OF OUR TWO MAJOR

POLITICAL PARTIES WOULD NEEDLESSONS ON HOW TO TALK TO THE

MAJORITY OF THE HUMAN RACE.

AND THE REPUBLICAN SEMINAR --THIS REPUBLICAN SEMINAR HAD SOME

GREAT ADVICE ON CONNECTING WITHTHE LADIES.

>> THE GOP IS TEACHING ITS MALECANDIDATES NOT TO USE PHRASES

LIK TODD AIKEN DID LEGITIMATERAPE, SO THEY ARE SAYING THIS IS

HOW YOU SHOULD TALK TO WOMEN, TOHAVE WOMEN'S FORUM, IN TERMS OF

KIND OF WOMEN'S ISSUES, TALKABOUT YOUR FAMILY, THINGS LIKE

THAT.

>> ALL.

>> THEY SHOULD COME TALK TO MEBECAUSE I AM AN EXPERT ON WOMEN,

I WATCHED A PILATES CLASS ONE IEVEN TRIED JANE FONDA'S POOPY

YOGURT.

NOT BAD.

IT WAS NOT BAD.

I MEAN YOU COULD BARELY TASTETHE POOP.

>> SO, GOP REPS, FAKE A SEAT,GENTLEMEN AND LET ME GIVE YOU

THE LOWDOWN ON HOW TO SPEAKRESPECTIVELY TO THE BITCHES.

OKAY.

RULE NUMBER ONE, LADIES, DON'TLIKE IT WHEN YOU USE CERTAIN

TERMS, FOR INSTANCE RAPE.

LEGITIMATE OR PANTIES.

THEY REALLY, THEY REALLY DON'TLIKE THAT ONE.

PANTIES.

OKAY.

>> TWO YOU WANT TO REACH OUT TOWOMEN SO YOU HAVE TO GO WHERE

THEY CONGREGATE SO HANG OUT INTHE WOMEN'S BATHROOM.

>> OF COURSE SHOWMENT APHILADELPHIA VOTER APPROACH YOU,

DO NOT BE FRIGHTENED, THEY CANSENSE FEAR.

ATTEMPT TO BE LARGER THAN YOUARE, RAISE UP YOUR HAND AND POP

OUT YOUR CHEST BUT IF SHEINFLATES HER NECK FRILL, RUN.

>> MOST IMPORTANTLY, MOSTIMPORTANTLY, APPEAL TO THEM ON

THE ISSUES, NOT COME UP WITH ANEASY MNEMONIC DEVICE TO WHAT

THEY CARE ABOUT, PAY EQUALITY,ABORTION RIGHTS, NATIONAL

DEFENSE, INSURANCE, EDUCATIONAND SOCIAL SECURITY ARE --

PANTIES.

DAMN IT! DAMN IT! THAT IS,THIS IS IMPOSSIBLE.

JUST TRY APPEALING TO THE GAYS.

I DON'T THINK THEY HAVE ANYWOMEN.

WE WILL BE

>> WELCOME BACK, EVERYBODY.

MY GUEST TONIGHT IS THEPRESIDENT AND CEO OF THE FORD

MOTOR COMPANY.

WE'LL SEE IF HE REALLY IS LIKE AROCK.

PLEASE WELCOME ALAN MULALLY!

[ CHEERS AND APPLAUSE ] HEY!

>> THANKS FOR COMING OUT.

>> Stephen: ALL RIGHT.

FANTASTIC.

GREAT TO HAVE YOU ON.

YOU ARE THE PRESIDENCY OF THEFORD MOTOR COMPANY, JUST LIKE

YOU ARE AN ICON OF AMERICANCAPITALISM:CONGRATULATIONS!

CONGRATULATIONS.

>> THANK YOU.

>> DID YOU DREAM OF RUNNING ACAR COMPANY WHEN YOU WERE A KID.

>> WHAT DID YOU DO BEFORE THEN?

>> I STARTED OUT AS A BAGCHECKER.

>> Stephen: A BAG CHECKER?

>> YES.

THE AT THE GROCERY STORE.

>> Stephen: REALLY? DID YOUWANT TO BE THE CEO OF BAG

CHECKERS?

>> NO.

I DIDN'T.

BUT I LOVED SERVING PEOPLE.

>> Stephen: NOW, YOU ARE HEREBECAUSE WE ARE COMING UP ON THE

50TH ANNIVERSARY OF THE ORIGINALMUSCLE CAR.

>> THE MUSTANG.

>> Stephen: THE MUSTANG.

LET'S SHOW WHAT WE ARE TALKINGABOUT HERE.

WHEN I WAS A KID THIS WAS ADREAM CAR.

[ CHEERS AND APPLAUSE ]>> Stephen: YOU HEAR THAT?

AND THAT IS THE MUSTANG.

THAT SOUND RIGHT THERE.

THAT'S ENOUGH.

I WILL GET AN ERECTION.

ALL RIGHT.

NOW, THIS IS ONE OF THE COOLESTCARS EVER MADE.

AND NOT ONLY WAS IT SORT OF COOLTO SEE ON THE STREET BUT IT WAS

IN THE MOVIES.

THIS IS WHAT STEVE MCQUEEN DROVEIN BULLET.

WHY DO YOU THINK SOME CARSBECOME ICONS AND SOME CARS DO

NOT?

>> WELL, I THINK, IN THIS CASE,THE MUSTANG JUST CHANGED THE

WORLD IN 1965, BECAUSE IT WASTHE FIRST REAL SPORTS CAR THAT

ALSO WAS A HIGH UTILITY, BECAUSEIT HAD TWO SEATS IN THE BACK, IT

HAS HAD A TRUNK.

>> Stephen: OF COURSE IT HADTWO SEATS IN THE BACK.

IT WAS A MUSTANG.

THE REASON IT BECAME AN ICON ISBECAUSE IT GOT YOU LAID.

[ CHEERS AND APPLAUSE ]>> Stephen: I HOPE YOU HAVEN'T

TAKEN THAT OUT OF THE DESIGN.

>> NO, NO.

IT IS STILL VERY MUCHAPPRECIATED.

>> Stephen: OKAY.

GOOD.

NOW, WHEN WAS IT INTRODUCED?

>> IT WAS INTRODUCED IN 1965 ATTHE WORLD'S FAIR RIGHT HERE IN

NEW YORK CITY.

>> Stephen: IN SUPPORT OF THATYOU ARE INTRODUCING A NEW 50TH

ANNIVERSARY.

>> ABSOLUTELY.

>> Stephen: OF -- THERE IS THE20 -- THIS IS THE 2015 MUSTANG.

UH WOW.

[ APPLAUSE ]>> Stephen: MY QUESTION IS,

THOUGH YOU STILL KNOW IT IS2013, RIGHT? AND YET WE ARE

LOOKING AT THE 2015 MUSTANG.

>> YES.

>> Stephen: I ASSUME YOU HAVECOME HERE TO TELL ME ABOUT IT IN

THE 2028 FORD TIME MACHINE.

DOES IT HAVE A JET PACK?

>> THAT IS THE FUTURE.

THAT IS THE FUTURE, YES.

>> Stephen: WE SHOULD HOPE SO.

>> ABSOLUTELY.

>> Stephen: NOW, SPEAKING OFCARS OF THE FUTURE, YOU GUYS,

LET'S TALK ABOUT CARS OF THEPAST AND CAR COMPANIES OF THE

PAST.

>> YES.

>> Stephen: BECAUSE BACK INTHE OLD AUTO BAILOUT YOU ARE THE

ONLY ZERO COMPANY THAT DIDN'TTAKE A BAILOUT.

>> RIGHT.

>> Stephen: GM AND CHRYSLERHAD TO BE BAILED OUT.

WHAT IS IT ABOUT FORD AND ONE OFTHE REASONS I LIKE YOU GUYS IS

THAT YOU ARE CAPITALISTS UNLIKETHOSE BOLSHEVIKS OVER AT GM AND

CHRYSLER.

COMRADE! WHAT DO YOU THINK OFTHOSE GUYS SUCKING ON THE

GOVERNMENT TEAT?

>> ISN'T IT BETTER FOR THEM TOBE WHIPPED OUT OF THE GENE POOL?

>> WELL, STEPHEN, CLEARLY THEUNITED STATES WAS IN A VERY,

VERY TENUOUS SITUATION, SO EVENTHOUGH WE BELIEVE IN CAPITALISM

WE ACTUALLY WENT AND TESTIFIEDON BEHALF OF OUR BANKRUPT

COMPETITORS, I THINK WE DID THERIGHT THING FOR THE ECONOMY AND

THE UNITED STATES OF AMERICA ATTHE TIME.

[ APPLAUSE ]>> Stephen: HOW ABOUT DETROIT

NOW? HOW DO WE SAVE DETROIT?

>> I WOULD SAY.

>> Stephen: THEY JUST DECLAREDBANKRUPTCY? HOW DO YOU PAY OFF

THAT DEBT? YOU ARE STILL INMICHIGAN.

>> DEARBORN.

>> TEN, 20 MILES FROM DETROIT? WHAT DO WE DO? DO WE PAY OFF

THE DEBT BY JUST PULLING THEGOLD FROM THE PENSIONERS OR DO

WE JUST LET THE GREAT MOATRECLAIM DEDETROIT? WHAT DO WE

DO?

>> I THINK THEY ARE DOING THERIGHT THING AND ADDRESSING ALL

OF THE AREAS OF CONCERN,EVERYBODY HAS TO PULL TOGETHER

AND DEVELOP A BETTER PLAN.

THE THING ABOUT FORD, THOUGH,STEPHEN IS THAT EVEN THOUGH WE

ARE NOT INSIDE DETROIT ITSELF WEARE VERY CLOSE AS YOU SAID AND

ALL OF OUR OPERATIONS ARE THERE,OUR SUPPLIERS ARE THERE AND

BASED ON THE STRENGTH OF OURPRODUCTS WE ARE ACTUALLY GROWING

PROFITABLY AND HIRING 15,000 NEWEMPLOYEES, WHICH IS THE BEST WE

CAN DO TO HELP DETROIT.

>> Stephen: NOT UNION, THOUGH,YOU ARE NOT HIRING UNION, ARE

YOU?

>> YES A LOT ARE REPRESENTED BYUNION.

>> UNIONS ARE WHAT AREDESTROYING AMERICA DON'T YOU

UNDERSTAND THAT? IT IS IN THEUNION CHARTER, DESTROY AMERICA.

DENTAL COVERAGE AND DESTROYAMERICA.

>> WELL, AS YOU WELL KNOW,UNIONS SIGNED THESE AGREEMENTS

OVER THE YEARS AND WE ENDED UPNOT BEING COMPETITIVE IN FORD'S

CASE WE WORKED TOGETHER ANDWANTED TO HAVE A COMPETITIVE I

HAVE AND COMPETE WITH THE BESTIN THE WORLD SO WE REDID ALL THE

AGREEMENTS AND THAT'S WHY WE AREBRINGING PRODUCT BACK TO THE

UNITED STATES AND COMPETING WITHTHE BEST IN THE WORLD RIGHT HERE

IN THE UNITED STATES OF AMERICA.

>> Stephen: GOOD LUCK WITH THENEW ROLLOUT.

I LOVE IT.

ALAN MULALLY, CEO OF FORD MOTORCOMPANY, THE 50TH ANNIVERSARY OF

THE MUSTANG.

WE WILL BE RIGHT BACK!

GOOD NIGHT!

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