Friday, February 20, 2009

Sharks versus Jets

Congress, and an extremely compliant press, has been rallying the country against something once again, This time the Democrat party, self professed to be the party against hate in all forms, is worked up into a visceral rage and the bull’s-eye is on airplanes, corporate jets to be precise. On a side note, can you imagine what these people would do if they ever felt hate? It boggles the mind, but I digress.

I have two opinions about this anti-executive air crusade. The first is for companies that accepted government bailouts…GO FOR IT. In keeping with today’s theme of two, I will submit two reasons. First, limited executive perks by congressional fiat may actually have the benefit of preventing most executives from selling their public trust to the Capitol Hill Mob for a little of the easy life. While CEOs might actually have to do their jobs, it is a small price to pay for using the Gulf Stream or the Lear. Secondly, if we allow the logic that acceptance of public funds is sufficient cause to dictate terms-of-use to the receiver, this might give leverage over the NEA crowd. In other words, if we can tell executives at Citibank that if “you take our money you have to take our direction” the same will apply to Robert Mapplethorpe. Okay, I realize the latter requires consistency of message from a liberal, but I can dream that the left-wingers will grow up and realize that hypocrisy is not a virtue.

My second opinion deals with telling the CEOs of companies who manage to show some semblance of self restraint and don’t go hat-in-hand to the Potomac Raiders. To these men I say, fly to your hearts’ content. First, I think this is something the stockholders need to watch and, if they are happy, it really doesn’t hurt me. For that matter, it doesn’t hurt you either, so relax. My final reason is less personal: do you remember the American yacht industry? It was destroyed by the luxury tax. Did this do anything to the "soak-the-rich" Americans who wanted the 45-foot ocean going schooner? No, they just went to England or Jamaica to buy their toys. But boat builders and handlers were suddenly out-of-work. There are lots of small businesses employing many people in the private jet industry who would suddenly be closed due to lack of work. Those employees would be losing jobs they love, simply because of nothing more than petty jealousies.

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