You may have heard the uproar in the media over the latest example of "corporate greed" in action.
Or you may not.
But hey, I'm here to tell you all about it, right?
Citibank, which has received $45 billion dollars of taxpayer funds from TARP, is buying a new corporate jet, for $50 million.
THOSE BASTARDS! THEY KILLED KENNY!
...Except wait, that's not the entire story.
See, despite President Obama - again - stepping in to fuck things up, Citibank actually had a good idea.
In their fleet, they have more than one jet; two of them, in particular, are about 10 years old, and are now worth approximately $27 million apiece.
The PLAN was, to sell those two off, (*thinks* $27 Million x 2 = $54 Million) and buy the other jet instead, which they had ordered years before. This way, the airframe company still makes money, they don't have to lay off workers, they can pay their bills, and Citibank actually realizes a PROFIT of $4 million on the deal.
...That's actually a GOOD idea.
Except, of course, President Obama had to step in to tell them not to do smart things that save jobs and earn profits.
Genius!
Far better instead to give billions of taxpayer dollars to fraudulent "community" organization ACORN.
Wait, I was being sarcastic, DON'T REALLY DO THAT!!!
0 Comments:
Post a Comment