Plane Stupid… Bailed Out Citigroup Buys New $50 Million French Jet With Taxpayer Money
You’re kidding me right?
It makes it hard to side with the private sector over godless politicians when failed executives are making decisions like this.
The Dassault Falcon 7X is a beauty… And is made in France.
Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet – only this time, it’s the taxpayers who are getting screwed.
Even though the bank’s stock is as cheap as a gallon of gas and it’s burning through a $45 billion taxpayer-funded rescue, the airhead execs pushed through the purchase of a new Dassault Falcon 7X, according to a source familiar with the deal.
The French-made luxury jet seats up to 12 in a plush interior with leather seats, sofas and a customizable entertainment center, according to Dassault’s sales literature. It can cruise 5,950 miles before refueling and has a top speed of 559 mph.
The only thing worse than this is that Democrats are telling America they need to pass an “urgent stimulus bill” when a mere $26 billion of the House stimulus bill’s $355 billion in new spending would actually be spent in the current fiscal year.