For the most part, the rest of us don't need to hopscotch around the world for high level business meetings on a daily/weekly basis. There is a purpose to these private jets other than the "playa" persona the hip hop culture has placed on them.

 

I'm all for that too. TARP has promoted a negative paradigm shift in the way business is conducted in America. Government hands are getting deeper in the pot and that is not good for anyone.

 

Nobody forced the banks to take that money. If citigroup doesn't like being told what to do, then they can give the money back.

 

[quote name='senor_flojo' date='Jan 27 2009, 04:41 PM']why? because the states can't take care of their own shit? you know how much more effecient we'd be if we'd let local government do their jobs? you know how much easier it would be to hold people accountable when they make poor decisions?

but what do I know? I think this country has become a bunch of bullshit to begin with. too much emphasis on consumerism, too much reliance on debt, advertisments everywhere you look. if our forefathers were around to see what we'd become, chances are we'd still be part of england.

but maybe its the anarchist in me who thinks we'd be in a better place if this country fell apart and we were given a chance to rebuild it.

until then, we let big-daddy government "fix" all our problems, like how they've "fixed" our healthcare and education. our government can't fix shit. all it does is create more problems. and then we try to fix other countries problems? ha!

so yeah, we can bail out everyone.... and in 50 years when the majority of our income goes to taxes because of the hundreds of billions we've spent on wars that mean nothing to us, and gross mismanagement of companies, and all that shit hits the fan again because we won't learn a thing from all this and make the same mistakes all over again, and look: we're right back here at square one. its like bailing out GM and Dodge.... they still make inferior products, and still can't pull a profit. we pump money into them, keeping them from filing chapter 11. they need to go under so they can be restructured.

nah, lets keep status quo.

after all, take a look around you. we seem to be doing fine, right? flip on the television, and watch people sell their souls for publicity and notoriety on reality tv shows. see tween brats complain about their 16th birthdays. see celebrities get paid rediculous sums of money to read lines written by people who make a fraction what they do. see how our society is dominated by image, sex, money, and power.

sure, things are just peachy.

 

You telling me they can't possibly conduct their business flying in Bluejets? Seriously?

 

"Being told what to do" was not a prerequisite of accepting TARP money last I checked.

 

I am not telling you anything. I am commenting on the need of private vs. commercial for top executives of industry.

 

Well, they'd better come up with some good "purpose" for that fancy private jet now that they have tax payers money. And that's exactly the message Obama was sending to them. What value does it add to savaging the Citi bank? Make a convincing case or "fix it."

 

So CitiGroup is in a self-dug hole. They approach the government for TARP money and accept it. Then they use a portion of that money to fund the purchase of a private jet they ordered in 2005? Especially considering spending like this is partially what got them here in the first place. You think this is a wise course of action for a company who, a month ago, was on the verge of going belly up?

If a friend was in the middle of a rough patch and needed a $3,000 to pay his bills and feed his family in March; then before he paid you back in April, you caught him roll by in a Koenigsegg CCX, wouldn't you pissed?

Shiiiit... If said friend picked up new socks, I'd knock his **ckin' block off.

 

just to start with, these are my opinions, and I'm in no way pushing them on anyone. that, and sorry for the tangent....

[quote name='rahvis' date='Jan 28 2009, 10:32 AM']Calm down, Tyler Durden.