Wednesday, March 04, 2009

It's not just the bankers...

Although I've been a fan of the Governator, this is rather stupid. I understand that he probably already checked out mentally and is thinking about how he'll repopulate his stable after the hippies made him get rid of all those Hummers, but this is analogous to Jimmy Cayne smoking dope at a bridge tourney while Bear burned, and Dick Fuld shopping at Hermes after Lehman went bankrupt. Not that we should hold politicians to higher standards than shareholders hold executives (in fact, just holding them to equal standards of accountability and intelligence would be great progress) but this is an absurd move. You don't see Bobby Jindal jetting to India for some curry, and his state has a better credit rating.
clipped from www.luxist.com
California Governor Arnold Schwarzenegger made a surprise appearance at the Geneva Motor Show today, where he checked out a $230,000 Bentley Continental GTC Speed.
Accompanied by Bentley CEO Franz-Josef Paefgen, Schwarzenegger eyed all the Bentleys on display but seemed to prefer the GTC Speed, which he sat in and fondled lovingly.
He has been in Europe this week attending the CeBIT 2009 in Hanover, Germany, billed as the world's largest technology trade fair for digital business solutions and information and communications technology. California is the first U.S. state to partner with CeBIT.

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