usvi-on-line
How do these giys sleep at night?
How do these giys sleep at night?
How do these guys sleep at night?
From FOXNews:
The CEOs of the Big Three automakers reportedly flew private luxury jets to Washington to plead for a $25 billion taxpayer bailout to save their debt-ridden industry -- ringing up tens of thousands in charges even as they cried poverty.
Recipients of eight-figure bonuses in 2007, the corporate cowboys used their executive perks -- which for GM's Rick Wagoner include the run of a $36 million Gulfstream IV jet -- to arrive in style as they went begging before Congress.
Wagoner, whose flight reportedly cost $20,000 round-trip -- about 70 times more than a commercial airline ticket -- told Congress he expected about $10-$12 billion from the requested bailout.
From FOXNews:
The CEOs of the Big Three automakers reportedly flew private luxury jets to Washington to plead for a $25 billion taxpayer bailout to save their debt-ridden industry -- ringing up tens of thousands in charges even as they cried poverty.
Recipients of eight-figure bonuses in 2007, the corporate cowboys used their executive perks -- which for GM's Rick Wagoner include the run of a $36 million Gulfstream IV jet -- to arrive in style as they went begging before Congress.
Wagoner, whose flight reportedly cost $20,000 round-trip -- about 70 times more than a commercial airline ticket -- told Congress he expected about $10-$12 billion from the requested bailout.
Grrr, This makes me so angry to hear.
What has happened to our country and how will we ever recover. We have a serious mess on our hands and it just keeps getting worse.
These ceos are looking for our money to bail them out and have the nerve to fly via a private jet, how about it's time to sell the jet and set an example. I don't want to hear it is for safety.
And 7 figure bonuses for running failed companies, shouldn't have been given.
I'm usually a lurker, I don't want to give the wrong impression and try to avoid the politcal talk, but this stuff makes me crazy.
I'm not picking on the auto industry and I certainly don't know what the answer is to all of this. I do feel that greed has gotten the best of 'us' and now we all are paying the price.
I know that my bonus doesn't come if I don't perform, why should it be any different for CEO's who already make way more than the average worker could ever imagine. I'm not saying they shouldn't be paid, but the divide between ceo's and the average person has gotten too extreme. They are paid to be insightful and run a successful business, not to own multiple homes, cars, have tons of perks only to have their company fail and they run away with their millions.
What has happened to our country and how will we ever recover. We have a serious mess on our hands and it just keeps getting worse.
These ceos are looking for our money to bail them out and have the nerve to fly via a private jet, how about it's time to sell the jet and set an example. I don't want to hear it is for safety.
And 7 figure bonuses for running failed companies, shouldn't have been given.
I'm usually a lurker, I don't want to give the wrong impression and try to avoid the politcal talk, but this stuff makes me crazy.
I'm not picking on the auto industry and I certainly don't know what the answer is to all of this. I do feel that greed has gotten the best of 'us' and now we all are paying the price.
I know that my bonus doesn't come if I don't perform, why should it be any different for CEO's who already make way more than the average worker could ever imagine. I'm not saying they shouldn't be paid, but the divide between ceo's and the average person has gotten too extreme. They are paid to be insightful and run a successful business, not to own multiple homes, cars, have tons of perks only to have their company fail and they run away with their millions.
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California Girl
It's easy when you make the rules!Rebubula wrote: I know that my bonus doesn't come if I don't perform, why should it be any different for CEO's who already make way more than the average worker could ever imagine.
Where was my bailout when I was having trouble making my mortgage payment after my husband's heart attack? Where was my bailout when my business was going down the tubes? NON-EXISTENT, that's where! We worked hard and gave up certain things and re-structured our budget & lifestyle and we came through with flying colors and have always respected the lessons we learned.
These guys are sociopathic and have no conscience whatsoever! Makes me sick too.
Don't worry CG, when the big BK11 comes down the tube, the BK trustee will have fun trying to sell those planes. They'll all be flying coach before you know it. I'm guessing the shareholders who have seen their investments go into the toilet will be left holding the bag along with the workers. But then again since it is the UAW, I'm trying to build up a bit of sympathy..................NOT
I almost posted this on the other auto bailout thread. Decided not to say anything if I couldn't say anything good. But this really burns my biscuits.
In 38 yrs we bought 12 new cars. One German made, 5 GM, 3 Ford, and 3 Chrysler. I'm not even including the used cars.We have always bought American except when we lived in Hawaii. We have spent alot of money we couldn't afford on some pretty crappy cars. Ford and GM were the worst.
In 1999 when I was riding in a tow truck that was towing my Buick, I decided that we had contributed enough to the American auto industry. If they couldn't sell me a car that was reliable, I would take the tow truck driver's advice-he said "buy a Toyota, they're bullet proof".
We have 2 Toyotas now. Our van is a 2000 made in the USA. It has over 110,000 miles on it and we have never had to replace anything but tires and batteries. I don't know why the difference in quality, but I know it is there.
If it wasn't for the labor force I would say let them sink in their own mediocrity.
In 38 yrs we bought 12 new cars. One German made, 5 GM, 3 Ford, and 3 Chrysler. I'm not even including the used cars.We have always bought American except when we lived in Hawaii. We have spent alot of money we couldn't afford on some pretty crappy cars. Ford and GM were the worst.
In 1999 when I was riding in a tow truck that was towing my Buick, I decided that we had contributed enough to the American auto industry. If they couldn't sell me a car that was reliable, I would take the tow truck driver's advice-he said "buy a Toyota, they're bullet proof".
We have 2 Toyotas now. Our van is a 2000 made in the USA. It has over 110,000 miles on it and we have never had to replace anything but tires and batteries. I don't know why the difference in quality, but I know it is there.
If it wasn't for the labor force I would say let them sink in their own mediocrity.
Check out TeddySalad's reply on the other post on GM-Bail out. They hit it dead on.
When I buy my Acura every 10 years...yes I keep a car that long...I shop for a salesman, not the vehicle, because I've already made my mind up on the vehicle.
I have a great salesman that does not have to go back and forth from me to "his boss" in the office 10 times before we negotiate a deal. I walk in doing my history and make a fare offer and he cuts the deal.
American made car dealerships don't handle their showrooms in competition with Honda, Toyota, or any other maker. They make it very painful to buy one of their cars. I got very tired of that scene and moved to the other side. The only option I haven't been able to negotiate is "dealer handling". I've sincerely tried, having worked in the auto industry (sales) and knowing that money is strictly profit, it will not come off the bill of sale,...it will appear somewhere. Perhaps that is corporate jet fuel for the corporation, who knows!
When I buy my Acura every 10 years...yes I keep a car that long...I shop for a salesman, not the vehicle, because I've already made my mind up on the vehicle.
I have a great salesman that does not have to go back and forth from me to "his boss" in the office 10 times before we negotiate a deal. I walk in doing my history and make a fare offer and he cuts the deal.
American made car dealerships don't handle their showrooms in competition with Honda, Toyota, or any other maker. They make it very painful to buy one of their cars. I got very tired of that scene and moved to the other side. The only option I haven't been able to negotiate is "dealer handling". I've sincerely tried, having worked in the auto industry (sales) and knowing that money is strictly profit, it will not come off the bill of sale,...it will appear somewhere. Perhaps that is corporate jet fuel for the corporation, who knows!