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RE: Show Of Hands

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RE: Show Of Hands
by flynn23 at 7:27 pm EST, Nov 21, 2008

Hijexx wrote:

How many of the automaker CEOs (and by the way, that includes Gettlefinger, if my viewing of the hearings is correct) travelled commercial to get to Congress yesterday and today?

Zero.

.....

All three CEOs - Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler - exercised their perks Tuesday by flying in corporate jets to DC. Wagoner flew in GM's $36 million luxury aircraft to tell members of Congress that the company is burning through cash, asking for $10-12 billion for GM alone.

.....

GM and Ford say that it is a corporate decision to have their CEOs fly on private jets and that is non-negotiable, even as the companies say they are running out of cash.

.....

Fine.

As a US Taxpayer this is my answer to your request for a bailout:

Is that clear enough or do you need it spelled out one letter at a time?

Puhleeze. Would you rather have this? A $60B company exec waiting 2 hours to check in on a commercial flight to fly to DC? Where he might have access to Wifi and his cell phone, but not while he's waiting in security checkin. And then he can be in a fucking communications black hole for the 2 hour flight. Thanks but no thanks.

Or productively using that time to make his company healthy? In the grand scheme of things, this isn't even close to comparable to the junkets that AIG execs took or the bonuses that other financial institutions took post bailout cash infusions. Corporate jet travel is no different than picking on a company for buying a copier or large monitors on desktops. Yes, they are an expense, but the time savings and productivity gains are massively justified, especially for execs, who need to be massively productive for 18 hours at a time. WHO wants to fly commercial air? No one. Why? Because it's a complete and utter sinkhole of time. And as we know, time = $.

RE: Show Of Hands


 
 
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