This morning, Rush Limbaugh was right.
The word has come down from the King that his new CEOs which he now protects under his throne shall not be paid more than 500k per annum. The new Austerity Plan also mandates (well, not mandates, but who dares challenge the King?) that thou shalt not fly any private corporate jets.
So who cares if Hawker Beechcraft, Lear Aviation and Gulfstream go out of business? Only the people that work there. Unfortunately, they did not pay their lobbyists enough because the King has come down on them and their associated industries. Why? Because of appearances. What difference does it make if the corporation has owned the jet for years. Sell it, and don't buy another one. Don't lease, don't charter. Just don't.
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