I wonder if BF thinks he's punishing more rich people - you know, all these corporate pilots who generally earn less than half of what he makes - or if he really thinks those corporate planes fly themselves? He parrots the refrain "we have to save/create jobs" while ensuring that thousands more jobs are lost. It's not just the pilots; it's the people who maintain the aircraft, build the aircraft, service the aircraft, crew and passengers, etc. What will happen to all the FBOs (Fixed Base Operators) and all their employees who provide facilities for the crew and passengers, especially those located at smaller airports not serviced by the airlines? I wish someone would nail him on this the next time he ventures onto the set of a talk show, but I'm not going to hold my breath.

If Barney Frank succeeds in banning Corporations from owning, leasing, etc, jets and the Big 3 auto companies keep their jets, then the Big 3 will get no bail out money, the Companies will have to go into bankruptsy. Maybe them the Big 3 will be able to get rid of the unions. Way to go Frank!!!!

we need a revolution

Let's see, people who make those jets have good jobs. Tell the folks at Gulfstream in Savannah or FalconJet in Little Rock or others in Wichita that they have lost their jobs because of King Barney

What a disgrace and embarrassment for a member of our Congress. Thank God that slobbering terd is a Demcorat.

Now, was Barney Frank one of the brilliant left-wing Marxist economists that dreamed up the luxury tax a few years? Extra tax on luxury items almost killed the yacht, pleasure boat industry and other "luxury" industries. Put a lot of folks out of work. Let's kill the small to medium airplane industry. It worked before, it will work again. Oh, darn! There are no small aircraft builders in Boston....

Are these plants unionized? If so Franks will be changing his tune again.

Yesterday, Cessna announced that they are laying off 2,000 employees. This is on top of the layoffs announced late last year.

In November 2008, Beachcraft laid off 500 employees, Last week, they announced that they will soon lay off significantly more. Learjet and Boeing also face layoffs. None of this even considers the resulting tens of thousands who will be laid off by suppliers to these aircraft manufacturers.

Barney Frank's actions assure even more layoffs in the future.

Hey "Rationalization" have you checked out how much it costs to ride a train?

There Barney goes again sticking his hand in places where it doesn't belong.

doesn't he understand the impact of this? Lets say suddenly all these corporations greedy for free money flood the market with used private jets.. this will drive the resale value to the floor.. which will strain the new jet production market and could cause THEM to need a bailout.. or suffer mass unemployment as plants shut down. Not only that, how many private pilots are going to be on the corner "will fly for food." with this kind of thing?

Frank's greed is only bested by pelosi reid and obama in their interventionist power hunger obsession to dictate and overthrow every aspect of the american way of life, all the while reaping the benefits of the suffering they cause us.

Most companies can not function without there jets. Have you flown on the commercial airlines lately? It is nearly impossible to get from point A to B conduct your business and get back in a timely fashion without any hicups on a commercial jet. and what about all the pilots, mechanics, FBO workers, ect.... that would lose there jobs.

The Federal Government is in far worse financial shape (Trillions of dollars of unfunded liabilities) than any of the corporations receiving bailout funds. If slobbering Barney was truly a leader who believes that corporate jets are a problem, then how about leading by example and getting rid of the Congress's jets first.

In my book, any company seeking bailout money from the government has proven they DON'T know how to run a business, and shouldn't complain when the government tells them they need to do things differently.

Sure, you can probably argue Frank's motives. But the intent behind the bill is similar to those feelings expressed with the Big 3 -- that if a private company is coming to beg for public funds, essentially asking that the government hold taxpayers at gunpoint and force them to prop this company up, that company had better be doing everything they can to stay afloat.

There are much, much more economical ways of getting around besides private executive jets. If the legislation is worded wrong it could be construed as applying to airlines, but I don't think that's the intent of it. The idea is that if a company is still paying the relatively exhorbitant costs of flying their executives around in private jets instead of, say, driving or taking the train, that company is not doing everything in its power to adjust its financial situation and therefore should not be granted the use of public funds.

I would have thought you'd be happy to see the government curbing some of its bailout spending.