Wednesday, November 19, 2008

I don't get this

Let me get this right. The big three car makers are in DC trying to get the government to give them $25B of taxpayer money to "bail" them out?

How did they get to Washington? Why, they flew on a private jet that cost $36million. How much did that flight cost, $20,000. How much would a first class airline ticket on Northwest cost them?

http://www.foxnews.com/story/0,2933,454844,00.html

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

Are you kidding me?

And, I am having a hard time understanding why a person who works for the UAW makes more than my husband who is in law enforcement. My husband did not go into the line of work that he is in in order to get rich. But, should a person assembling a car be making more than a person who is putting their life on the line every day for the last 12 years?

You can't tell me that there isn't some way to rearrnge things in the auto industry to make it a better business model. How about selling off those $36 million jets. Ford reportedly have eight of them. Just the cost of them are $288 million. How much do they cost to keep up. Wouldn't it make more sense to utilize the airlines to do what they do to get people around?

I am just having a hard time understanding this. The CEOs of the Big Three are flying around in private jets begging the American people for $25billion. I drive my 2003 Chevy Suburban, I pay my car payments. I live within my budget. I think that the Big Three need to take a look at what they are spending their money and take a long look at what could and should be cut before they come looking for more of my hard earned money.

1 comment:

Sharon said...

Oh gosh, I felt the same reaction when I read about it, too! Did you hear how they went this last time?
Each executive drove in one their company's-made vehicles. 2 of them were the hybrid versions. Better, at least.