I lived in a 1977 Mercury Marquis for a couple months in the dead middle of winter. I turned out okay. Except now I'm not crazy about living in a car in the middle of winter.
Bonus - I live down the road from Flint. #thepoors
the corps can only keep taking everything from workers until workers have no money left to buy anything the corps make. this will not take much longer. #thepoors
@if_i_only_had_a_heart: Whereupon they will hire armed guards for their gated "communities," and sell their worthless junk and their lies to foreigners overseas. #thepoors
It's unfortunately become typical for the real issue to get crowded out by some sensational but ultimately meaningless story like this. The real story is that GM is on the verge of going bankrupt, may never be able to come out of bankruptcy and will ultimately cost potentially millions of people their jobs unless somebody somewhere does something about it. And private jets had absolutely nothing to do with that.
Here's why the private jets are a non-story:
a) it cost $20,000 for this flight.
b) around 10 execs flew on each plane, so the cost was about $2,000 each.
c) by one person's calculation, the CEO of GM makes around $1,400 per hour.
Now, which is more cost-effective? Having a private jet waiting to carry a $1,400 per hour CEO and 9 other execs whose time is only slightly less valuable ready to go at a moment's notice, or having these same execs pay not that much less for business class on an airline but have to stand around in line and/or wait in a ground delay at a busy airport while they could actually be working for their money?
Even if you don't come to the same conclusion I have, the fact is it's a debatable point. And if it's a debatable point, then it's not worth worrying about when you're talking $20,000 vs. the billions that are going to be lost if we don't do something here.
Big deal..they lose a couple of jets. I won't be receiving an expensive peice of Tiffany crystal this year from WaMu or a really expensive box of toffee or a pecan pie encased in a wooden box shaped like Texas, no towering box of cheese,no fruit baskets, no wines, no Honey Baked Ham,no monthly gifts from Harry & David that the postman thinks I don't know he's keeping..my banking contact Christmas gift bonanza is gone. How did it come to this?
When you consider that the CEOs didn't fly by themselves, but had an entourage of VPs and lawyers with them, the corporate jet deal isn't that bad compared to buying a dozen biz class seats. Just sayin'.
So with the company's survival on the line, the CEOs should have flown coach to this crucial Congressional appearance -- and risked getting stranded in Atlanta.
10/20/09
Bonus - I live down the road from Flint. #thepoors
10/20/09
10/19/09
10/19/09
10/19/09
10/19/09
10/19/09
11/21/08
11/21/08
Psst: WAS there a '67 Vette?
11/21/08
11/21/08
Here's why the private jets are a non-story:
a) it cost $20,000 for this flight.
b) around 10 execs flew on each plane, so the cost was about $2,000 each.
c) by one person's calculation, the CEO of GM makes around $1,400 per hour.
Now, which is more cost-effective? Having a private jet waiting to carry a $1,400 per hour CEO and 9 other execs whose time is only slightly less valuable ready to go at a moment's notice, or having these same execs pay not that much less for business class on an airline but have to stand around in line and/or wait in a ground delay at a busy airport while they could actually be working for their money?
Even if you don't come to the same conclusion I have, the fact is it's a debatable point. And if it's a debatable point, then it's not worth worrying about when you're talking $20,000 vs. the billions that are going to be lost if we don't do something here.
11/21/08
I won't be receiving an expensive peice of Tiffany crystal this year from WaMu or a really expensive box of toffee or a pecan pie encased in a wooden box shaped like Texas, no towering box of cheese,no fruit baskets, no wines, no Honey Baked Ham,no monthly gifts from Harry & David that the postman thinks I don't know he's keeping..my banking contact Christmas gift bonanza is gone. How did it come to this?
11/21/08
11/21/08
11/21/08
11/21/08
Or gyros. At the end of a long night of drinking when there aren't enough brain cells left to worry with.
11/21/08
11/21/08
11/21/08
11/21/08
11/21/08
11/21/08
11/21/08
And sometimes, it's just about stickin' the landing.
11/21/08
11/21/08
And, yes. As long as it's not on automatic pilot.
11/21/08
11/21/08