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Old 11-19-2008, 08:19 PM
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Big Three CEOs Flew Private Jets to Plead for Public Funds
Auto Industry Close to Bankruptcy But They Get Pricey Perk
By BRIAN ROSS and JOSEPH RHEE
November 19, 2008


The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy.

More here:ABC News: Big Three CEOs Flew Private Jets to Plead for Public Funds


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Old 11-19-2008, 08:55 PM
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And we're supposed to believe the BS that the average person will be hurt if there isn't a bailout. It's more like these overpaid CEOs want to continue their lavish lifestyles - using the peons' money while the peons are screwed. An automotive bailout will be just another part of the biggest theft in history.

We ain't seen nothing yet.
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Old 11-19-2008, 10:25 PM
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I don't have a 'principle' problem with the bailout. I'm extremely disappointed by the way it's turned out, though. It's like giving spoiled children fistfuls of $100 bills and telling them they can buy whatever they want.
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Old 11-20-2008, 09:38 AM
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Originally Posted by Zephyr View Post
I don't have a 'principle' problem with the bailout. I'm extremely disappointed by the way it's turned out, though. It's like giving spoiled children fistfuls of $100 bills and telling them they can buy whatever they want.
I have a principle problem with the idea that we are a capitalist nation that becomes socialist in order to bail out bad decisions. It seems that "we the people" are getting screwed - always getting the brown smelly end of the stick.
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Old 11-20-2008, 11:00 AM
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Anyone notice how no one is talking about bad assests, toxic loans and the like any more? We are not even half way addressing one issue before we move onto the next "killer" problem facing us.
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Old 11-20-2008, 07:36 PM
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Quote:
Originally Posted by Jojo View Post
I have a principle problem with the idea that we are a capitalist nation that becomes socialist in order to bail out bad decisions. It seems that "we the people" are getting screwed - always getting the brown smelly end of the stick.
Until "we the people" stop electing them it will continue.
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