Wednesday, November 19, 2008

Hypocrisy 101.

The CEOs of Ford, Chrysler, and GM have all recently made their way to Washington D.C. to vet their case as to why taxpayers should bail their failing companies out of bankruptcy. How much, you ask? $25 billion in taxpayers dollars.

Now, the interesting part of this story is that while begging the government and taxpayers to pay for their own failures, all three CEOS flew into D.C. on $36 million worth of luxury aircrafts.

In fact, one of the CEOs private jet trip from Detroit to D.C. cost a whopping $20,000 roundtrip.

Side Note: A rountrip flight from Detroit to D.C. goes for about $288 bucks online.

"Ford CEO Mulally's corporate jet is a perk included for both he and his wife as part of his employment contract along with a $28 million salary last year. Mulally actually lives in Seattle, not Detroit. The company jet takes him home and back on weekends," said this ABC News article.

Call me crazy, but before asking for $25 billion dollars, try cutting your $28 million salary. In fact, fly coach.

1 comment:

TPWP said...

Agree, even more disturbing is our government's actual consideration of this will just perpetuate their irresponsible behavior.