
(Left) Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler
I have never talked politics here...but what is going on with the top CEOs from Detroit is unbelievable! They (each) flew into DC on private jets (at a reported cost of $20,000 for the single trip).
Quoting some of our reps:
"It's almost like seeing a guy show up at the soup kitchen in high hat and tuxedo. It kind of makes you a little bit suspicious," stated Rep. Gary Ackerman, D-New York.
He added, "There is a delicious irony in seeing private luxury jets flying into Washington, D.C., and people coming off of them with tin cups in their hand, saying that they're going to be trimming down and streamlining their businesses."
He continued to mock the auto executives, remarking, "Couldn't you all have downgraded to first class or jet-pooled or something to get here? It would have at least sent a message that you do get it."
Ford's CEO, Alan Mulally actually lives in Seattle, not Detroit. The company jet takes him home and back on weekends.
and then the topic of the bail-out:
"My fear is that you're going to take this money and continue the same stupid decisions you've made for 25 years," said Rep. Michael Capuano, D-Mass.
'Nuff said...













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