Government buyout
Tuesday, February 16th, 2010This is the sort of corruption that seems to be a way of life in government these days.
This is the sort of corruption that seems to be a way of life in government these days.
With $45 billion in taxpayer funds burning a hole in its pocket, Citigroup is purchasing a $50 million Dassault Falcon 7X, according to the New York Post. Apparently none of the existing jets that ferried execs to Washington to ask for bailout funds was ironic enough.
According to the Post, the jet seats up to 12 and has leather sofas and a customizable entertainment center. There are only nine of these planes in America.
It’s bad when you’re not really even surprised anymore, but I’d like to at least see our govt demand an explanation.
Update: They did just that!
Democratic Sen. Carl Levin had pressed the Treasury Department to block Citigroup’s purchase of the new jet.
“To permit Citigroup to purchase a plush plane — foreign-built no less — while domestic auto companies are being required to sell off their jets is a ridiculous double standard,” said Levin, who represents Michigan, home to the Big Three automakers.
Wow. Just, wow.
It’s sad when you’re no longer surprised by the things our Govt does.
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