The CEOs of the Big Three automakers reportedly flew private luxury jets to Washington to plead for a $25 billion taxpayer bailout to save their debt-ridden industry — ringing up tens of thousands in charges even as they cried poverty.

Recipients of eight-figure bonuses in 2007, the corporate cowboys used their executive perks — which for GM's Rick Wagoner include the run of a $36 million Gulfstream IV jet — to arrive in style as they went begging before Congress.

Wagoner, whose flight reportedly cost $20,000 round-trip — about 70 times more than a commercial airline ticket — told Congress he expected about $10-$12 billion from the requested bailout.

"This is a slap in the face of taxpayers," Tom Schatz, president of Citizens Against Government Waste, told ABC News. "To come to Washington on a corporate jet, and asking for a handout is outrageous."

Joined by Robert Nardelli of Chrysler and Alan Mulally of Ford, Wagoner told the Senate that a collapse in Detroit could cost 3 million jobs in just a year and put the hurt on communities across the country.

But the prospective bailout is getting held up in the Senate, where lawmakers don't appear keen to save the ailing industry. "Just giving them $25 billion doesn't change anything," Sen. Jon Kyl, Said "It just puts off for six months or so the day of reckoning."

I Say F%@# 'em!

But when that market expands prices would drop?

Supply and demand every winter prices go up.

and that's kinda weird cause we have more natural gas in America than the middle east has oil

I agree with you completely Winx (dont you dare faint!!! I know you and I rarely agree, lol).
Thats why I brought this up. In my opinion, if people would quit being so greedy for the "big bux", and this means everyone, not just the fctory worker making 30 an hour, but also all the bosses that make the millions; if everyone who can reasonably cut back on their income a little bit would do so, it would do so much good in the end. I am not saying that it would completely solve everything completely and prfectly, but it would be a hell of a lot better than the loss of work we would be facing.

Also thin of this olks... the manufactorers go down... no more trucks, or parts and materials available, tere goes our trucking industry... ok no more trucks, our grocery stores start shutting down cause they can not get the products we need. This is just one example, but it is a QUICK and FAST track to it affecting every single person in the united states, adversely.

One year my mom's company almost had to close. The whole company worked a day free to keep it open.

OMG a considerate landlord!!!!! Bestill my quaking heart lol

sorry had to say it I do have to agree with youcomletely though. I just left michigan in June due to the recession there.

I didnt like any of the bail outs. To me f.....with fire and your going to get burn. The economys a self healer provin...Recession means lower prices and costs. See it already. Pumping more paper into a low value, hight cost market????? What do you see?

H*ll NO, those uppidy bastards are flying around in private jets and then asking for hand out, If they bail them out, ill never pay taxes ever again!

They're coming to take hiaway ha ha, they're coming to take him away he he, to tax evasion hell, they're coming to take him away HO HO!!!!!!!!!!!

lol, sorr goofy mood tonight

Join the rest of us

just curious


what kind of car do those supporting the auto bail out drive


and can you afford to move up and buy a new car

if so why are you not doing so

that would help bail them out

and if you own a foreign brand you helped create this issue

because you wanted the better product (right)

well mybe they should have built a better product

besides if they fail the other car makers business will pick up

just a thought

but

hey what do i know

I've always had American made cars. But..I've never been able to buy a new one.

Yes but had parts from?
Manufactured here.

it is hard for a 10$ an hour employee

to buy any product built by

75$ an hour + employees that pushes the cost to high

so i guess those that may lose their jobs helped bring it on

so hey i have no sympathy

i wish it was different

but it is what it is

They cut alot of that out in late 80s, not all of it..Smaller factories it produce is in play to day. I know several companies the make parts for Chevy, Ford, Honda, Toyota ECT that just run their dies over their machines..

Isn't it funny how everyone suddenly believes in a " free market " when it comes to the auto makers....but bailing out Wall Street is perfectly acceptable???

This country and it's " leaders " are showing more hypocrisy than even I ever thought possible.

People....the auto industry is the BACKBONE of this country. 1 out of every ten people is employed by either one of the Big 3...or by someone who supplies something to them.

Can you really think that letting them fall and losing 100's of thousands more jobs is a good idea???

* I am not directing this directly at the person I am quoting in this post. It was simply a statement made that prompted me to respond.

Hell no, Bail me out instead, and all the other people trying to survive off 9 bucks an hour...

If the Big 3 fail....then all that will be left are the foreign auto makers.

Please explain to me how that would be a good thing.

NONE of the money made by those companies goes toward anything in this country. The profits they make all go back to Japan, Germany...wherever it is that they are headquartered.

If the Big 3 fail, then there are 100's of thousands MORE people out of work. Out of work mens no income, other than limited unemployment benefits. That means less money being paid in taxes. That means even WORSE roads, schools, emergency services....etc.

Please, oh please, tell me how bailing out Wall Street but not the auto companies makes good sense.