Tuesday, January 27, 2009

Citigroup's plane problems

After Citigroup got bajillions of simoleons in bailout dough, the financial services giant promptly planned to spend $50,000,000 of this money on its own private jet to add to its bloated fleet.

Shittypoop's new luxury aircraft was to feature leather seats, posh sofas, and a customizable entertainment center.

Talk about an entitlement culture, huh?

Chrysler and General Motors got a much smaller bailout than Shittypoop did, and they were told they had to give up their corporate jets (although Chrysler didn't even own one). But the bailout to Citigroup and other financial firms had no such strings attached.

Citigroup's jet isn't even built in America, so it won't help the American economy one iota.

Maybe the government should have just nationalized the damn bank instead of allowing this fleecing.

Say, I'd like to fly to Pittsburgh or Atlanta or wherever the next Roads Scholar meet is. Can I use Shittypoop's new jet? I paid for it with my tax dollars, so why not?

But the Obama administration didn't look kindly upon Citigroup's plane purchase. At all. So now Shittypoop has scuttled its plan to buy the elegant jet.

Of course, this still doesn't resolve Citigroup's squandering of hundreds of millions of dollars on stadium naming rights.

(Source: http://www.freep.com/article/20090126/NEWS15/90126063/Levin+livid+over+Citigroup+s+reported+purchase+of+$50-million+private+jet)

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