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	<title>E-Dribble &#187; citibank</title>
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		<title>But we really, really need it!</title>
		<link>http://www.infosprite.com/2009/01/27/but-we-really-really-need-it/</link>
		<comments>http://www.infosprite.com/2009/01/27/but-we-really-really-need-it/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 21:52:37 +0000</pubDate>
		<dc:creator>schwim</dc:creator>
				<category><![CDATA[Humorous]]></category>
		<category><![CDATA[buy me a jet!]]></category>
		<category><![CDATA[citibank]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[morons]]></category>

		<guid isPermaLink="false">http://www.infosprite.com/?p=264</guid>
		<description><![CDATA[It came to light that Citibank was going ahead with a $50 million luxury jet purchase in spite of the fact that they couldn&#8217;t stay afloat without tax payers&#8217; assistance. To be clear, they were incapable of running a profitable business, so they signed on for the billions of dollars of taxpayers&#8217; money that our [...]]]></description>
			<content:encoded><![CDATA[<p>It came to light that Citibank was going ahead with a $50 million luxury jet purchase in spite of the fact that they couldn&#8217;t stay afloat without tax payers&#8217; assistance.  To be clear, they were incapable of running a profitable business, so they signed on for the billions of dollars of taxpayers&#8217; money that our government gave them to keep them afloat.</p>
<p>This isn&#8217;t news.  This is America at it&#8217;s best.</p>
<p><span id="more-264"></span></p>
<p>Then, they figured they would quietly go ahead and take possession of that shiny new jet that they ordered a few years ago.  Seating 15, it&#8217;s clear how a multinational corporation like Citibank couldn&#8217;t live without it.</p>
<p>When media exposure caused a public outcry, they stated that they couldn&#8217;t cancel the order because they&#8217;d be penalized.  Also, hey, We ordered it years ago when we were successfully raking our customers over the coals.  Finally, they wanted to let us know that they were selling two of their older luxury airliners to make way for this one.  Just in cased you missed it, they have two jets that are serviceable.  They just want the new one because everyone who is anyone has it.</p>
<p>Again, I have to say that this is hardly newsworthy.  I just wanted to bring to light some of the posted comments over at the <a href="http://www.nypost.com/seven/01262009/news/nationalnews/just_plane_despicable_152033.htm">NYPost</a>.  They deserve some recognition.</p>
<p>From Craig:</p>
<blockquote><p>IM NOT GOING TO PAY ANY MORE ON MY CARD let them sue me</p></blockquote>
<p>Fantastic idea, Craig.  I&#8217;m sure it has nothing to do with the fact that you spent money you didn&#8217;t have and would like to asuage your guilt by pinning your lack of settlement on the big bad spenders.</p>
<p>Claire Straightens things up for us:</p>
<blockquote><p>All this scandal mongering about airplanes and carpetsa just tells me that out journalissts can&#8217;t understand multi billion business. If I have a credit card balance or mortgagr or car loan, that does not mean that the bank can follow me around the grocery store and comment on what I buy. Oh look! She is buying filet, Shouldn&#8217;t we write in her contract that she can onlly have hot dogs?</p></blockquote>
<p>So, a taxpayer bailout is no different from a mutually agreed upon loan by you and your lending office.  To reiterate, when you take out a loan to buy hot dogs with the intention of repaying the loan, you&#8217;re just like the bank that can&#8217;t stay afloat and needs your money to keep from collapsing.</p>
<p>They are one in the same.</p>
<p>Mary is just sick at our idiocy:</p>
<blockquote><p>Just think of all the people gainfully employed by building all the parts needed for that jet. Just think of all the people gainfully employed in maintaining and servicing that jet. Just think of the highly skilled and trained pilots earning salaries flying that jet. Just think of all the taxes being generated off the purchase of this jet. Now just think of all these people out of work and on unemployment because idiots like you guys force the company NOT to buy this jet. And give the same headline to all the Obamaniacs from the left coast who flew THEIR private jets to his inauguration. But that&#8217;s OK, &#8217;cause they&#8217;re Democrats and liberals, right? They can do no wrong. I can&#8217;t stand this media idiocy&#8230;.</p></blockquote>
<p>You are the reason that companies like Citigroup don&#8217;t stand a chance.  You.  Not them.  Fine, you go tell Bob the upholstery installer that he lost his contract on installing the interior on the jet.  I hope you&#8217;re all happy, you miserable pieces of shit.</p>
<p>Many comments bring to light that they&#8217;re getting rid of two planes and buying one, so in essence, they&#8217;re  making money for us.  They can&#8217;t afford not to do this!  Nobody seems to have mentioned keeping one plane and selling the other.  After all, they are sucking from the government&#8217;s teat.  Couldn&#8217;t they at least act like they&#8217;re trying to cut costs?</p>
<p>I guess they&#8217;ll just make it up in increased interest rates.</p>
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