I’m here to give President Obama a handclap.
You read that right, folks, and I’m not being sarcastic.
From (brace yourself again) HuffingtonPost.com: Obama Officials Tell Citibank To Ditch Plans For $50 Million Private Jet
According to a report from ABC News, President Obama is not taking kindly to corporate greed, especially when it’s funded by taxpayer money. Read more from ABC here:
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.”
On Monday, the news broke that bailed out bank was going through with its $50 million private jet purchase even though it had recieved $45 billion in government funds:
I really, really, reeeaaaally don’t understand what these companies who were bailed out are thinking. Good for the Obama administration to go all Don Corleone and give a little intimidating phone call.