According to snopes.com, this is TRUE.

WHAT A DISGRACE!!!
I¢m sorry but this goes beyond words of disgust. What a way to thank the men and women that give of themselves so you have the freedom to do such a thing! Still amazes me.

http://s101.photobucket.com/albums/m...100007fDGQ.jpg

Barack Obama recently finished a $500,000 total overhaul of his 757. And as part of the new design, he decided to remove the American flag from the tail... ! What American running for President of the United States would remove the symbol of his country? And worse, he replaced the flag with it with a symbol of himself...