UPDATE from ABC (1/27/2009):

The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France…

ABC News has learned that Monday officials of the Obama administration called Citigroup about the company’s new $50 million corporate jet and told execs to “fix it.”

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And so did 300 million of my friends apparently (give or take 40%). From the “you have got to be SHITTIN’ me!” section of my brain comes the story of the woe-is-me Citigroup company who received 45 billion dollars in taxpayer bailout money just last year.

Apparently Citi ordered a new Dassault Falcon 7X jet 2 years ago and STILL INTENDS TO BUY IT. That’s 50 million of our tax payer dollars hard at work for us. Meanwhile, even people with good credit are having problems getting loans due to the massive screw up of the oversight when it comes to the hundreds of billions of dollars dispersed to companies like Citi.

And how does Citi justify this? Their excuse is that they are trying to sell two jets they already own because they are 10 years old. I haven’t seen one public comment from any executive at Citi, and you’re likely not going to because no one is stupid enough to stand in front of a voice recorder or microphone and go on record after slapping hardworking Americans in the face.

Is this the kind of government control we have to look forward to? This is why so many people somehow think socialism is better? This is the CHANGE we needed? Give me a friggin break.

Fancy...

Typical Interior