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hmmm..... The Fed running the airlines!! Now *that* would be a win for
the terrorists.
We would have a pilot, co-pilot, assistant pilot, assistant co-pilot, a
vehicle manager, an assistant vehicle manager, a services co-ordinator and
management staff along with other assorted Fed employees ... maybe room for
about a dozen passengers on a 767 left after the gov "workers". One plane
in 70 would depart within an hour of being on time but 70% would depart the
same day. (Assuming there wasn't one of the 17 unions involved on
strike. The new office of "Stress Control" for the employees would, of
course, be in charge of 143 other U.S. divisions running things and they
would want everyone to fly nude to prevent concealed weapons being smuggled
on and the service staff would sue over being over-heated while trying to
prevent the passengers from catching colds .... we would need a few more
taxes on permits/tickets to fly .. second mortgages would do quite well as
people use their home equity to purchase tickets and write off the
interest. Ok.. got it,.... buy S&L stocks ... that's the ticket!
Bob
At 02:05 PM 9/25/2001 -0400, you wrote:
>No, I would prefer that they stand alone.. having said that we are at war
>and a war that is most probably not going to help the economy as a normal
>war would. I just believe as most economists and analysts do that the
>airlines are an important engine to the U.S. economy. I would imagine that
>at some point in time in the future that the airlines would be able to stand
>alone. I have not seen the details of the bailout but did see that there
>was some ownership possibility on this so that the tax payers would not be
>so upset over the bailout... I think the U.S. officials are in mode of
>damage control.. It's not every week you have Greenspan and Rubin meeting
>with the Capitol Hill gang as they have today and last week... so there's
>plenty for them to be worried about.. Right now they are just trying to keep
>the infastructure in tact..... I would hope at some point in time we will
>see us resort back to prior structure but it maybe longer than we anticipate
>at the moment.
>----- Original Message -----
>From: <thegonch@xxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Tuesday, September 25, 2001 1:41 PM
>Subject: Re: [RT] S & P MMS sees larger U.S. growth drop in Q4 & Q1
>
>
> > Dorothy
> >
> > I take it you are advocating making the airline industry a government
> > run utility, like the US postal service, although I supposed it could be
> > argued that that has effectively just happened. It is certainly not
> > being run for the benefit of shareholders.
> >
> > And, BTW, who really benefits from this bailout? There are two classes
> > of 'benefiters': companies that need the airlines, although as you have
> > pointed out, there is enough competition in cargo that the benefit is
> > not so great, and the finance companies like Gecas, part of GE, who
> > would take possession of all the planes if the companies defaulted.
> >
> > Regards
> > DanG
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
>
>
>To unsubscribe from this group, send an email to:
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>
>
>
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