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Scout Team [170]
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Oculus Spirit [94221]
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I would make them loans.
Mar 17, 2020, 9:47 AM
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No way I would have bailed out Chrysler in the 1970s or Harley either. This has been going on for 50+ years now.
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Legend [15492]
TigerPulse: 100%
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Joined: 12/10/14
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Re: I would make them loans.
Mar 17, 2020, 12:56 PM
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Ummm....the Casinos and the Hotels want a bailout as well.
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Orange Blooded [2695]
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cue the chorus "it's not their fault"***
Mar 17, 2020, 9:48 AM
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CU Medallion [56190]
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It's a reasonable move considering they're part of our
Mar 17, 2020, 9:50 AM
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infrastructure. I don't know that $50 billion is the right figure, but it makes sense to artificially prop them up.
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Scout Team [170]
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Re: It's a reasonable move considering they're part of our
Mar 17, 2020, 9:53 AM
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Sure, but why is it like pulling teeth to prop up our people? Clearly money isn't the issue...
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Oculus Spirit [94221]
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Re: It's a reasonable move considering they're part of our
Mar 17, 2020, 9:57 AM
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We have adequate social services. It's one thing to keep an entity alive it's another to make them rich. Think of an airline like you think of a person. Gov will keep airlines alive so they can work. Gov keeps people alive who can't work.
Where is the injustice? We need airlines we don't need the old, disabled and worthless. That's coming from a man who is 67 years old, not some heartless basterd who makes pointless, cold hearted statements.
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Scout Team [170]
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Joined: 5/24/18
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Re: It's a reasonable move considering they're part of our
Mar 17, 2020, 10:10 AM
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Do we though? Millions of people can't afford basic health insurance. We are one of the only first-world countries without universal health care.
I don't think it's wrong to prop up the airlines. I think it's wrong to do that and then to turn around and say sorry, we can't fund education, healthcare, and infrastructure.
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Hall of Famer [24855]
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Oculus Spirit [94221]
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Joined: 12/25/09
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Why didn't you go into the airline CEO business?
Mar 17, 2020, 10:33 AM
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You could have been a movie star or formed a musical band or been a comedian like Bill Cosby. Why did you choose to be less than them?
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Scout Team [170]
TigerPulse: 32%
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Joined: 5/24/18
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Re: Why didn't you go into the airline CEO business?
Mar 17, 2020, 10:50 AM
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lol "Why did you get extremely lucky!?" what a lazy pos
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All-In [40953]
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Joined: 11/30/98
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What is the difference between our own people and
Mar 17, 2020, 10:02 AM
[ in reply to Re: It's a reasonable move considering they're part of our ] |
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the people that work at our airports?
People that get laid off get unemployment.
I might get to work for free for awhile. No paycheck, no unemployment, longer hours...
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CU Medallion [56190]
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Joined: 8/27/02
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Orange Blooded [2695]
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Joined: 7/3/07
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it is a question of moral hazard
Mar 17, 2020, 9:56 AM
[ in reply to It's a reasonable move considering they're part of our ] |
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we never learned lessons from big short.
Companies will never manage their affairs properly if they are guaranteed government money in times of high risk.
If there is a bailout, they need to feel the pain all the way around: Execs, Board members, and shareholders.
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Scout Team [170]
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Posts: 602
Joined: 5/24/18
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socialism for me, not for thee***
Mar 17, 2020, 9:57 AM
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Recruit [92]
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1st Rounder [635]
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Hall of Famer [24855]
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Seems like a lot of money to handle parked aircraft...
Mar 17, 2020, 10:06 AM
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Give the CEOs their $1000 check...
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Orange Blooded [2695]
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most of their tax cut was spent on share buy backs
Mar 17, 2020, 10:31 AM
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I really have no sympathy for them.
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110%er [6101]
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Re: Airlines seek $50 billion U.S. bailout to survive covid-19
Mar 17, 2020, 11:16 AM
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#### that. They can ground their fleet and run a skeleton operation. Use the money to pay their employees.
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Oculus Spirit [81249]
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Joined: 9/13/04
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Why is the public supposed ot just "figure it out"
Mar 17, 2020, 11:30 AM
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when they have no job, but companies that made hundreds of millions last year in profit need a bailout this year?
'eff em. If AA isn't there next year, Delta will be, or maybe somebody new. If there is a demand, there will be someone meeting that demand.
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Legend [15492]
TigerPulse: 100%
Posts: 18413
Joined: 12/10/14
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Re: Airlines seek $50 billion U.S. bailout to survive covid-19
Mar 17, 2020, 12:56 PM
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If done, it should only be direct payments to employees. If you're going to be socialist, you need to do it to benefit the workers, not the shareholders.
"Whenever the government provides opportunities in privileges for white people and rich people they call it “subsidized” when they do it for Negro and poor people they call it “welfare.” The fact is that everybody in this country lives on welfare. Suburbia was built with federally subsidized credit. And highways that take our white brothers out to the suburbs were built with federally subsidized money to the tune of 90 percent. Everybody is on welfare in this country. The problem is that we all to often have socialism for the rich and rugged free enterprise capitalism for the poor. That’s the problem." Martin Luther King, 1968
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Oculus Spirit [81249]
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Who "they"?
Mar 17, 2020, 1:02 PM
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It's welfare, either way.
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All-In [46871]
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Joined: 8/11/15
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They can't pull themselves up by the bootstraps?***
Mar 17, 2020, 1:04 PM
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