Money for Nothing and the Jets for Free

Seriously folks, begging for my money via private jet? You’re so doing it wrong. And yet, these wealthy people that supposedly generate the jobs so god forbid their taxes should not be raised want to use my money to cut jobs so they can still fly in private jets.

I realize I’m being simplistic here, but don’t these people have PR people? To say, hey, this might look bad given the mood lawmakers and the public are in? The definition of socialism as bandied about during the campaign was completely off base. But the situation the financial industries and the auto companies are putting us in practically demands socialism (government ownership of industry for those who thought the progressive income tax enshrined in our constitution was socialism; NB it’s not).

Symbolism and illustration are important to the American people. Flying in a private jet to the hearings where you beg for money is illustrative of these CEO’s grasp of reality, or hubris. So they’re either stupid or dangerously arrogant. Either way, they have no business running these companies any more. But we will have to bail them out somehow should necessitate some government ownership/oversight which is in fact socialism. And all this is predicated by the actions of the uber-Republican type. The CEOs and Wall Street financiers who embody the symbol of success in the Republican Party.

Good job GOPers! You’ve created socialism in America!

So apparently there is some agreement cooked up in the Senate (of course appropriately bipartisan) that the mere announcement that it exists (no details) boosted GM and Ford’s stock prices. But, it might not get voted on because Congress might not stay in session all this week because they’re going home early in advance of their very long Thanksgiving break. I think it likely that my former coworkers are going to have to work over the Thanksgiving holiday. And with unemployment at its highest in sixteen years, there will be families who will be eating the cheapest turkey they can find (which is gross) but Congress can’t stay in session to deal with this.

Out of touch and oblivious to reality. I can often be accused of this given I’ve never not worked when I wanted to nor did I ever not have what I wanted (within reason) when I wanted it. But even I get that the people running the show are clueless. We did our job in shaking up Congress. Now they need to do their jobs and shake up the executives. Or at least stay in session.