
I love this time of year. I know it sounds cliche, but it is great to see my family and friends. It makes me wish we had special holidays more often.
This and That from the world of Nat



Interesting Article from ABC News:
The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy.All three CEOs - Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler - exercised their perks Tuesday by flying in corporate jets to DC. Wagoner flew in GM's $36 million luxury aircraft to tell members of Congress that the company is burning through cash, asking for $10-12 billion for GM alone.
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How can I help but realize the total irony of the article? Even beyond the obvious, "Hey why are you asking for money as you live in luxury." What about the fact that it has become so normal to those guys to fly on a personal jet that they did not even consider how ridiculous it looked? Is there any question why we as middle class citizens live outside our means when the most intelligent Business Men of the country are flying around in private jets. It just reinforces how sad things have gotten.
To really let it sink in, I decided to gather some statistics on owning and operating a private jet.
Cost of Jet: $6 million to $50 million
Operation Cost: $1800 - $5000 an hour
Examples: Light jets ($3 million to $8 million) can take 5 to 8 passengers roughly 2,000 miles (3,219 km); midsize executive jets ($9 million to $16 million) can take up to 9 passengers from 2,000 to 3,000 miles (3,219 to 4,828 km); and large executive jets ($17 million to $45 million) can carry 12 passengers more than 4,000 miles (6,437 km)
