Hoo, boy. If this isn’t the most arrogant act of pleading poverty ever, it’s got to be very close. The three CEOs of the big three US automakers all took the same way of getting to Washington to beg for public money.
The each took their own private, company owned jet to come to Washington and plead for taxpayers to save their companies. Apparently, they couldn’t even think this through enough to
car Gulfstream pool.
The CEOs of the big three automakers flew to the nation’s capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy.
The CEOs of GM, Ford and Chrysler may have told Congress that they will likely go out of business without a bailout yet that has not stopped them from traveling in style, not even First Class is good enough.
A first class ticket from Detroit to Washing would set each of these apparently penniless beggars back a staggering $900 each. As opposed to the $20,000 cost of flying the corporate jet there and back.
I’ve been on the fence a bit over the bailout for a number of reasons, but I’m down off it now – so should you be. As a solid union worker told me today – before this news even broke – “Screw ‘em. Let ‘em fail.”
Anyone who is not burning up the phone lines to their Congressional delegation right now demanding this farce of a bailout be killed deserves what they’re going to get.
A wave from the Gulfstream as the executives head back to Detroit with a bucketful of your money.