How demeaning!

When the elite, Bank CEOs, are forced to fly with the poor, what comes next? Bank CEOs going to Walmart? Bank CEOs sending their children to public school? Bank CEOs giving up their mistresses around the world?

Luckily, this is clearly a publicity stunt:

Or it could be Citigroup Inc.’s (C) Vikram Pandit, JPMorgan Chase & Co.’s ( JPM) Jamie Dimon, Morgan Stanley’s (MS) John Mack, or Bank of America Corp.’s ( BAC) Kenneth Lewis. The CEOs of the nation’s eight biggest financial institutions are ditching their fleet of private jets and taking public transportation to testify before Congress on Wednesday.

Their decisions to take a commercial flight or Amtrak service come amid a public outcry about the excesses of Wall Street and exorbitant CEO pay packages. The banks, whose CEOs have so far accepted $165 billion in bailout money, are also looking to avoid the kind of public smackdown given to the heads of the Big Three Detroit auto makers when they gave testimony last year.

It’s unbelievable that we are being degraded like this — forced to ride the dirty trains and airplanes of the peasantry, dragged in front of the inquisition, threatened to have our assets taken away.

It is almost like the French inquisition, what are the elite supposed to do? We must either pretend to be peasants or risk beheading. It’s a terrifying prospect.

Could you imagine being forced to ride public transit to work everyday? or to ride in economy when we fly to Switzerland?

1h