"CNBC’s Larry Kudlow defends corporate greed in debate with TP’s Faiz Shakir."
Last night on CNBC, ThinkProgress editor-in-chief Faiz Shakir debated CNBC host Larry Kudlow about a front-page story in the Wall Street Journal which revealed that the CEOs of banks receiving government bailout money are expensing travel on private jets for personal vacations. “I think it’s great because I want to stimulate the economy,” Kudlow said of taxpayer-funded private jet trips by bank CEOs. “I want to help the resorts. … I’m glad the CEOs are going around. I just wish they’d take me with them.” Faiz responded:
I do have a problem when they’re taking taxpayer money. Larry, you hate paying taxes. I understand that. But if there’s one thing you hate more than paying taxes, it’s seeing those taxpayer dollars go to waste. And that’s what’s going on here.
House of Roberts says:
Taxpayer Assisted Recreational Plane travel, according to Paul Begala on Real Time.