Today's bailout news

http://www.cnn.com/2008/US/11/19/autos.ceo.jets/index.html

Discuss.

Well, if they owned the jets and it would have just sat there, which also costs money, you'd have to add that cost to the $500 quoted to get a true figure, but with that aside, CAN YOU BELIEVE THE GALL OF THOSE PEOPLE?

Gesh.... I want to travel safe and secure, where is my jet?

He added, "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."

They "got it" alright. 25 BILLION dollars of your wages is what they get! So that they can go play in the hot tubs with the AIG insurance people who share in the 700 BILLION. You gotta love it.

Just a prime example of how if they get this money, it will just be pissed away like the rest of their money.

Not that I support the bail out, but I do find it funny they are refusing to consider using some of the $700 billion already allocated. Well here is a concept! It wasn't $700 billion! It was $810 billion bailout when you add in the "tax breaks" they somehow needed! Why don't they just knock $30 billion off the tax breaks!!! Then it's free money!!! Weeeee!!

Freakin' A-holes, all of em!!!

apparently the bailout will only help chrysler stay afloat for 1 quarter. ONE FREAKIN' QUARTER?

Chrysler should be Jeep+Dodge Ram+Viper

Take their cell phones, wallets , and watches, give 'em a good hard kick in the ass, and tell 'em first one back to Corporate HQ is the first one in line "If" the gubament wants to cough up a buck or two. Kinda like "Survivorman"....

Don't worry guys, its all perception. There is no real problem with the big three!

can i get a govt bailout on my 11,000 college loan.........hell no.

sector7 wrote: can i get a govt bailout on my 11,000 college loan.........hell no.

How much did contribute to your senators and representitives campaigns?

I am looking at 100K for my kids college (just one of 4 kids mind you) Where is my bail out?

This gets me so mad I start thinking things that will get me in jail for a very long time.

I wonder when some one is going to walk in to the house or senate and just unload there mac10. I would not want to be a politician at the moment. I would be seriously considering body armour as work attire if I was one.

No bailout here either. My college fund became my Dad's Harley fund after they saw my grades.

I saw that news story and I think the reporters were all over this before they left the ground. They were just waiting for an Exec. to jump on one of those planes.
It does bring out a glaring point - they want taxpayers to fund that type of corporate crap. I'm disgusted and it's not the type of expense we should be paying for.

It is not the expenses, it is the sense of entittlement that these people have. How can they possibly relate to the people who work for them or buy their products when they are in such rarefied air?

If you look deeper, you will find that these people all collect large "Bonuses" as part of their pay packet. Part of what the bailout is going to do is make sure that they get the Bonuses for FAILING! It is hard to believe that there are people stupid enough not to get the irony of that.

Depends. If there's real business to be done on the airplane and there's required staff then private might make sense. Golden parachutes when execs underperform definitely must go, though. I see Ford is in the least amount of trouble between the three.

Somebody said that the heads of all the companies would have to go.

One of the talking heads last night said that after the airline company bankrupcies they ran more effeciently and with much less expense.

Senior execs live in a different world then all of us mouth breathing bottom feeders - even the ones who drive old pickups to work. Some of it is because they have talent and drive - some of it is because they were born in the lucky gene pool. It is also a life that means someone else raises their kids and manages the trophy wife payoff fund all to often.

Spending a lot of time in airports I can say many businesses are getting company planes since it is more efficent and reliable.

Jet pilots need jobs too you know....

Maybe the government should bail-out everybody. Payoff all mortgages, student loans, credit card debt, etc; etc;......and everyone's bank account. Then everything starts at 0.

We heard from our mailman or is that mail carrier?

either way he said that the post office is talking internally about looking for a bailout.

A people say that the richest in our country "deserve" that money.

Heard this on NPR this morning: GMAC has applied to change their status to that of a bank holding company so they can qualify for bailout money.

Before you say, "That's crazy, the feds'll never go for that," consider that American Express just did that very thing: American Express to become bank holding company

Hell-o, gravy train.

Margie

Hey Boog, Since the intelligence gathered on this website could be identified as a Bank of Information, you should apply to the Fed for bank holding company status, because you keeping the forum up therefore you are the COMPANY HOLDING the BANK of INFORMATION...

No?

What's a Boog?

Margie

Look at your signature there Booger.

Marjorie Suddard wrote: Hell-o, gravy train.

Does this mean Motorsports Marketing is going to become a bank holding company?