Big Three Douchebags Arrive In Corporate Jets To Panhandle In DC

Douchebag CEOs Rick Wagoner of GM, Alan Mulally of Ford and Robert Nardelli of Chrysler each flew to Washington, DC in corporate jets to beg Congress for a $25 billion bailout. Wagoner arrived in a $36 million aircraft to let Congress know that GM is losing $10-12 billion.  It’s estimated that the roundtrip flight to DC alone cost GM $20,000.

“This is a slap in the face of taxpayers,” said Tom Schatz, President of Citizens Against Government Waste. “To come to Washington on a corporate jet, and asking for a hand out is outrageous.”

Wagoner’s excesses are hardly alone.  Over at Ford, Alan Mulally has found a rather effective way to burn through Ford’s cash.

Ford CEO Mulally’s corporate jet is a perk included for both he and his wife as part of his employment contract along with a $28 million salary last year. Mulally actually lives in Seattle, not Detroit. The company jet takes him home and back on weekends.

Before Congress, Mulally was quick to point out the expenses he had cut in the past few years.

Mulally made his case Tuesday before the committee saying he’s cut expenses, laid-off workers and closed 17 plants.

“We have also reduced our work force by 51,000 employees in the past three years,” Mulally said.

Well, Mr. Mulally, how many autoworkers’ salaries are you burning through on jet fuel?

GM and Ford say that it is a corporate decision to have their CEOs fly on private jets and that is non-negotiable, even as the companies say they are running out of cash.

Well Detroit, do you know what is negotiable?  Whether you’re going to get a bailout.