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Yes, a wealthy family based on a chain of overpriced hotels, leveraged to the hilt as real-estate speculation wants the taxpayers to fund expensive corporate travel and perks. And, how did curbing pay at AIG prevent them from returning bailout cash to the taxpayer? Why is that his concern. How do you connect the dots between the AIG bailout and Tisch's well-being?

Is there no one running a major company in the US that has a clue about economic realities. I guess not, actually. The best way to make money for the last 30 years was to take foolish risks.

1 posted on 02/10/2010 6:03:51 AM PST by AndyJackson
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To: TigerLikesRooster; sickoflibs; rabscuttle385

Ping


2 posted on 02/10/2010 6:05:32 AM PST by AndyJackson
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To: AndyJackson

why the US....why not zer0bama the messiah....that is where the problem lies.


3 posted on 02/10/2010 6:05:47 AM PST by Vaquero (BHO....'The Pretenda from Kenya')
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To: AndyJackson

Obama did a “good job of killing” the hotel business by lambasting corporate travel


4 posted on 02/10/2010 6:05:47 AM PST by caver (Obama: Home of the Whopper)
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To: AndyJackson

“U.S. did a “good job of killing” the hotel business by lambasting corporate travel and hurt American International Group Inc”

If you’re going to “say it” get it right! Obama and the Dems killed your industry, not the U.S.!


5 posted on 02/10/2010 6:07:28 AM PST by incredulous joe (Barack Hussien Obama; putting the 'Doh' into Domestic Terrorism!)
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To: AndyJackson

just as Jimmy Carter KO’d the restaurant business when he went after the Three Martini Lunch.

When will they ever learn?


6 posted on 02/10/2010 6:08:26 AM PST by Buckeye McFrog
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To: AndyJackson
Wasn't Tisch a big dem supporter?
7 posted on 02/10/2010 6:08:39 AM PST by martinidon
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To: AndyJackson
Whether we like it or not, whenever the President speaks it has a big effect.

If the President were to say that he preferred Coke to Pepsi it is almost certain that Coke sales would increase and Pepsi sales would plummet.

The President should have made it clear that corporate travel was fine, and even encouraged, for the 95% of companies that were solvent.

He should have made it clear that only those companies being propped up by taxpayer money and government favors should be more circumspect before spending travel dollars.

Loews would still have lost money, but then at least they would have only themselves to blame.

9 posted on 02/10/2010 6:10:15 AM PST by who_would_fardels_bear (These fragments I have shored against my ruins)
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To: AndyJackson
Well, he misses trickle-down effect from full-blown moral hazard.:-) He can host wealthy boss of Mexican drug syndicate. I am sure they have lots of money, I mean, cash, the 100% liquidity. Besides, there are many wealthy Chinese who are still doing pretty well from mega moral hazard in Chicom land. Some of them are fleeing their country with ill-gotten stash of cash. Certainly, they can be persuaded to stay at luxury hotels.

Beef up armed guards with machine guns, and build extra bomb proof wals. They could be hooked.

10 posted on 02/10/2010 6:12:51 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: AndyJackson

Is he trying to convince people that the 4.2% drop in occupancy rates is the result of AIG employees not flying? Is he trying to claim that employees of other companies reduced their travel just because a politician said they should? Who bases the day to day conduct of their business on a government official’s ‘lambasting?’


11 posted on 02/10/2010 6:14:58 AM PST by posterchild (Endowed by my Creator with certain unalienable rights.)
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To: AndyJackson
President Barack Obama last year said companies receiving aid should curtail travel and pay. “You are not going to be able to give out these big bonuses until you’ve paid taxpayers back,” Obama said at a town hall meeting in February 2009. “You can’t get corporate jets. You can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime.”

"...but I can! And I will! And I DO! Hahahahahahahahaha! Suckers!!"

Barack Obama golfing

14 posted on 02/10/2010 6:16:55 AM PST by TChris ("Hello", the politician lied.)
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To: AndyJackson

He should have said the U.S. did a “good job of killing” the hotel (and most) business by electing the statist, job killer Obamster.


15 posted on 02/10/2010 6:17:14 AM PST by Jane Long (Clean out Congress...give 'em term limits and their own dose of "government" healthcare.)
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To: AndyJackson
the taxpayers to fund expensive corporate travel and perks

I'm sure the bell hops, waiter, maids, cooks, maintenance people, concierges and the thousands of other hotel employees out of work share your righteous indignation. Far better that the $800 billion go to Acorn, SEIU, and government jobs than show up in the real economy.

Talk about getting a clue. Here is one for you. The US economy depends heavily on service sector jobs. A heavy proportion of those jobs are in the travel and entertainment industries. When you curb travel and entertainment, either directly or indirectly, it ties a boat anchor to the economy. Mr. Tisch is inconvenience by the results. The service workers put out of work are devastated. But again, I'm sure they share your righteous indignation.

16 posted on 02/10/2010 6:18:47 AM PST by CMAC51
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To: AndyJackson

Tisch makes an offensive PC statement

the “U.S.” did not do this, obama did this

and continues to do it

Hey Tisch, who did all your swell NYC country clubbers vote for in 2008?


17 posted on 02/10/2010 6:27:44 AM PST by silverleaf (My Proposed Federal Budget is $29.99)
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To: AndyJackson

american big business has become part of the fascist federal oligarhy...and they’re out of minds and out of ideas....


18 posted on 02/10/2010 6:31:11 AM PST by mo
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To: AndyJackson

bump


23 posted on 02/10/2010 6:35:36 AM PST by VOA
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To: AndyJackson
Loews CEO Tisch: OBAMA US did a “good job of killing” hotel business

There...now the headline reflects reality.
24 posted on 02/10/2010 6:38:04 AM PST by VOA
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To: AndyJackson
“You can’t get corporate jets. You can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime.”

Obama is such a hypocritical ass. It was he himself who put the big corporations on the taxpayer dime with his trillion dollar, corporate welfare bailout programs. I used to think that Jimmy Carter was the shallowest, weakest, most liberal and most incompetent President of all time, but Obama has him beat by a country mile. Barak Hussein Obama brings the term "empty suit" to life. If he weren't such a self rightious, arrogant, belligerent ass it would be almost tragic to watch him flail away and drown in his own incompetence. But as it is, I'm enjoying watching him go down in history as an abject failure of the liberal mentality that placed an incompetent bore into the WH just because he's a Black incompetent bore.

27 posted on 02/10/2010 6:41:33 AM PST by jiminycricket000
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To: AndyJackson
Well, I have a different opinion -- BHO has frequently lambasted Las Vegas -- and THAT has definitely hurt the entire travel industry, including plenty of restaurants & hotels.

Of course, the Ph.ds and Harvard MBAs who made their fortunes sending America's manufacturing base to China, they couldn't care less that the PEASANTS OF AMERICA often can't find decent jobs.

28 posted on 02/10/2010 6:42:35 AM PST by hennie pennie
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To: AndyJackson

“Loews CEO Tisch: US did a “good job of killing” hotel business”

It’s not the U.S. - it’s Barack Hussein Obama.


31 posted on 02/10/2010 6:52:25 AM PST by RoadTest (The entrance of thy words giveth light; it giveth understanding unto the simple. Ps. 119:130)
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To: AndyJackson
You can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime.”

Except when your mom/grandma is named Pelosi and your aunt/sister/daughter/cousin is named Michelle Obama.

34 posted on 02/10/2010 7:22:31 AM PST by keepitreal ( Don't tread on me.)
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