The Nerve of Some People: The Big Three and Spitzer

“It’s almost like seeing a guy show up at the soup kitchen in high-hat and tuxedo. . . . I mean, couldn’t you all have downgraded to first class or jet-pooled or something to get here?”

That quote from Rep. Gary Ackerman of New York sums up the idiocy of the chief executives of the Big Three automakers arriving in private jets to ask Congress for a $25 billion handout.

The worst part is, they probably didn’t and still don’t think they did anything wrong. After all, it’s one of the perks of the job.

Not to mention that on top of that perk and others, GM’s Richard Wagoner pulled down $15.7 million last year. Ford’s Alan Milally made $21.7. Chrysler’s Bob Nardelli only made $1 million, but don’t feel too sorry for him. He left Home Depot with a $210 million golden parachute.

Here’s hoping these clueless CEOs didn’t get the okay from their PR advisors before doing something so breathtakingly stupid and arrogant.

Speaking of arrogance, let’s talk about Elliott Spitzer, the disgraced former governor of New York. Rather than skulking off into the shadows of humiliation, he actually had the nerve to write an op-ed in the Washington Post offering advice on how to re-regulate Wall Street.

And, one week after he skirted a jail sentence by finding out he wouldn’t be prosecuted for soliciting prostitutes, Spitzer portrayed himself in the article as a wise sage and victim who was “scoffed at” for raising red flags about what was going on in the marketplace.

Elliott Spitzer a victim. Now that’s rich.

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Kathy Kerchner, Media Expert