Throw the Bums Out (of Detroit)

Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


private_jet.jpg Let’s say you’re three auto industry executives summoned to Washington to explain why you deserve billions of dollars in taxpayer money. You and your cronies have mismanaged your industry for years, but luckily for you and unluckily for the country too many parts of the economy rely on your continued existence. You watched AIG executives get strafed in the media for throwing lavish corporate retreats (with spa trips!) just after taking bailout funds. You know the public is hyper-sensitive to signs of waste, because middle class Americans are struggling to get by and it’s their money you’re seeking.

So what do you do? You take separate private jets from Detroit to Washington. You take three flights at an estimated cost of $20,000 each, despite the fact that coach flights are available for under $300 and first class flights are available for under $1,000.

You spend $60,000 when you could have spent $900. And then you go to Congress with your hand out.

Jesus H. Christ. Bailout funds for the industry should be contingent on new leadership taking over and old leadership being put in stocks.

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate