Rovingpatrol's Blog

Corporate Jets And Bonuses Are Good Thing

Posted in politics by roving on March 30, 2009

Car Executives arriving in Washington in planes. Banks buying corporate jets. Bank employees and CEO’s receiving bonuses with our bailout money. Using bailout money for trips, hotels, redecorating, etc. This is good.

It burned me up knowing they were spending our money like that but I got to thinking. Maybe we are looking at this the wrong way. They took some of the bailout money and put it right back into the economy. Isn’t this what we want?

When the Banks canceled the orders for the jets, did that just throw some people out of work? Would the company building the jets hired more people? What about the companies that supply the parts to the airline manufacturers?

When they wanted to redecorate their offices or buildings, they would have to hire a company to do the job who in turn would have to place orders for materials  and our bailout money would be put back it into the economy.

Having their parties in big expensive hotels puts everyone connected to the hotel to work. How is this a bad thing?

I wonder what some of the employees who received the huge bonuses would have spent their money on if their lives wasn’t threaten.  Maybe a new car? A new house that would need new fixtures and everything that goes into a new house?

By forcing the banks and employees to back off of their plans, they just hurt the economy. Sure it would have been a drop in the bucket but right now we need everyone out there spending.  Jobs don’t get created by not spending.

Its just to bad the Government didn’t give us, the American people a bonus too.

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2 Responses

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  1. matt said, on March 30, 2009 at 5:40 pm

    This blog’s great!! Thanks :).

  2. Kadie said, on March 30, 2009 at 8:42 pm

    We need to hold Mr Obama accountable for the amount of people he took with him to the G20 meeting. Did you see the list, his own personal chef. Talk about double standards, he should set an example of frugality in these troubled times!

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