Oh, this isn't a bomb. These are road flares.
5 seconds sound clip from the Tommy Boy (1995) movie soundboard.
You can hear this line at 01:25:58 in the Blu-ray version of the movie.
Quote context
[...]
- You see, back in Sandusky, Ohio, there are 300 American workers at 'Callahan Auto'.
- We make the best parts money can buy.
- Is that why you've strapped a bomb to your chest?
- Oh, this isn't a bomb. These are road flares.
- Road flares? Did you live under power lines as a kid or something?
- Why? (2)
- Do you guys want this or 'American Gladiators'?
- So, do you think 'Zalinsky Industries' can help these folks?
- I'll be happy to look into it.
[...]