Auto Industry CEOs Beg For BAILOUTS,' Even Though 'They Still' FLYING PRIVATE JETS !!!

by **J The Kidd** Wed Nov 19, 2008 11:40 pm

So the CEOs of Ford (Alan Mulally), Chrysler (Robert Nardelli)
and GM (Rick Wagoner ) were in Washington, D.C., on Tuesday begging the
government (i.e. YOU, cuz it's the tax money you've paid) for billions
of dollars because their businesses have gone to shit.

Sounds like there was quite a bit of histrionics from the trio. They
claimed that they'll likely go out of business without a bailout.

Anyway, this didn't stop the CEOs from traveling in private, company owned, luxurious jets to get to D.C.

First class wasn't good enough????

They should be flying coach!!!!!!!!!!!!!!!!!

ABC News reports that Wagoner's private jet trip to Washington cost the ailing GM an estimated $20,000 roundtrip.

In comparison, seats on Northwest Airlines flight 2364 from Detroit to
Washington were going online for $288 coach and $837 first class.

WTF?

Couldn't the 3 have 'planepooled' at least? They were going to the same place!

Tom Schatz, President of Citizens Against Government Waste said, "This
is a slap in the face of taxpayers. To come to Washington on a
corporate jet, and asking for a hand out is outrageous… It
appears that the senior management of the automakers simply don't get
it."

We totally agree!

The Ford CEO told Congress that he's cut expenses, laid-off workers and closed 17 plants.

But, get this.

Ford continues to operate a fleet of eight private jets for its executives!!!!

The ABC report goes on to say that on Tuesday, one jet was taking Ford honchos to Los Angeles, another on a trip to Nebraska.

John McElroy of the TV show, Autoline Detroit said, "Now's not the time
to do that sort of thing. Now's the time to be humble and show that
you're sharing equally in the sacrifice."

When us regular folks are short on cash we sell things to make ends meet right?

GM has 8 luxury jets in its fleet and apparently does NOT plan on
selling any of them in this time of 'crisis'. Note, the jet their CEO
used to get to DC cost the company $36 million.

President-Elect Obama has advocated for a bailout of the U.S. car companies.

We hope any auto bailout that the soon-to-be President stamps with his
seal of approval incorporates some sort of oversight re. executive
'privileges'.

It's infuriating to think that execs could live lavishly on the backs
of tax payers, most of whom are struggling to make ends meet!!

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