Thu, Dec 11, 2008
Aero-News: Quote of the Day
ANN's Quote of the Day usually derives from current news,
though we reserve the right to pick quotes out of history that have
a bearing on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the
content of the day's news... and sometimes, they'll just be
Reader suggestions and comments are welcome... and if
particularly intriguing, timely, or poignant, may themselves become
future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
"During the period in which any financial assistance
provided under this Act to any eligible automobile manufacturer is
outstanding, the eligible automobile manufacturer may not own or
lease any private passenger aircraft, or have any interest in such
aircraft, except that such eligible automobile manufacturer shall
not be treated as being in violation of this provision with respect
to any aircraft or interest in any aircraft that was owned or held
by the manufacturer immediately before receiving such assistance,
as long as the recipient demonstrates to the satisfaction of the
President’s designee that all reasonable steps are being
taken to sell or divest such aircraft or interest."
Source: A particularly disturbing passage from
the proposed auto industry financial assistance package being
considered by the US House of Representatives.
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