Wednesday, April 8, 2009
Automaker CEO's Spanked
Many of us saw the US automakers spanked before Congress. One problem the Congressmen had was that the automakers flew into Washington on private business jet. If only the CEO's had made the switch to a much cheaper fractional airplane. That is where a company buys time on jets to fly them where they need to go, rather than flat out own them. That would have shut up the hypocritical Congressmen. One tried to pin down a CEO by trying to make them sell their jets then and there, fly back commercial. Wished the CEO said he would if the Congressman would never fly on a lobbyists private jet or a private jet for a junket.