"During a hearing Wednesday before the House Financial Services Committee, Rep. Brad Sherman, D-Calif., asked the three auto chiefs seated at the witness table before him to raise their hands if they had come to Washington on commercial airliners. No hands went up. Then he asked if any planned to sell their corporate jets. Again, no hands went up".
http://www.nytimes.com/...
Finally a Democrat with a back bone and the sense to ask the right questions.
I would suggest here are some other questions that should be asked of these dead beats.
- How much money have you earned in the last five years. How much will you earn this year? What exactly did you do to earn that kind of money?
- How much of a salary cut did you take this year or in any previous year. While asking the unions to accept cuts did the senior executives of GM take any pay cuts?
- How much money have you spent on "offsite meetings" a la AIG ?
- What percentage of your net worth are you prepared to lend to your companies along with the governments loan. If you think that this loan is so safe you should have no problem joining the government.
I am sick in tired of the privatizing of profits and the socializing of losses. When the companies make money it is ENTIRELY due to the executives but when they loose money it is the fault of somebody else.
If the average tax payer is going to be asked to foot the bill it is important that there be no "bailout welfare queens". The surest way for Democrats to lose their majority is for them to be seen as supporting the "other". How long do you think it will take the GOP to run ads describing how the money is being used to support workers who are just sitting at home (GM job bank).