I can go to bed smiling tonight....

Nov 21, 2008 00:07

I just read this bit over on Crooks & Liars about the automakers who went begging to Congress for money:
Auto industry CEOs appeared on Capitol Hill today to ask for a $25 billion bailout. At least one lawmaker believes that the CEOs should change their luxury travel habits before getting access to taxpayer funds. Rep. Brad Sherman (D-CA) asked the top execs if they would be willing sell their corporate jets and travel home on commercial flights.

Sherman asked the CEOs, "I'm going to ask you to raise your hand if you are planning to sell your jet in place now and fly back commercial."

"Let the record show, no hands went up," noted Sherman

I can understand the CEOs wanting to get in on this hot, hot bailout action, and I can even see how there might be a case for it. But kudos to Rep. Sherman for twisting the knife a little....

Any time someone bitch-slaps a CEO, an angel gets its wings.

politics, schadenfreude, economics

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