The Conservative Cave
Current Events => Economics => Topic started by: thundley4 on November 12, 2009, 08:21:26 AM
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White House seeks to fix ailing airline industry
Transportation Secretary LaHood holding forum to discuss state of airlines
WASHINGTON - Prodded by labor unions, the Obama administration is taking its first step toward trying to fix the ailing airline industry, which could lead to a partial return to economic regulation.
Transportation Secretary Ray LaHood is holding a forum with aviation stakeholders on Thursday to discuss the state of the industry and ways government can help provide economic stability for air carriers. The industry has been rocked by repeated crises in recent years, including the Sept. 11, 2001, attacks on the United States; the global SARS virus in 2003; skyrocketing oil prices in recent years; and the current economic downturn.
"U.S. aviation is facing severe economic uncertainty and an open and frank conversation will help begin a continuing dialogue about the industry's future," transportation spokeswoman Sasha Johnson said.
The Air Transport Association, which represents major carriers, says airlines are offering the fewest seats to passengers as measured by available seats and distance traveled in more than a decade. Airlines have shed more than 130,000 full-time jobs since 2000, and lost an estimated $33 billion during the same period. Thirteen airlines have filed for bankruptcy in the past two years.
LaHood's invitation to stakeholders says the forum, closed to the public and the media, was organized at the request of the AFL-CIO's Transportation Trades Department. The AFL-CIO is the largest U.S. labor unionconfederation.
PMSNBC (http://www.msnbc.msn.com/id/33863593/ns/politics-white_house/)
Another government takeover in the works?
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PMSNBC (http://www.msnbc.msn.com/id/33863593/ns/politics-white_house/)
Another government takeover in the works?
We can't control your travels by making you have "Travel Permits" so we'll just screw up the way you travel...afterwards, we'll take your car, your bicycle and your shoes.
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WHY does the government feel the need to step in when a business fails? Business' failures or successes are a form of evolution. If a business is failing, then it should be allowed to fail. Something improved/better will always rise to fill the void.
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WHY does the government feel the need to step in when a business fails? Business' failures or successes are a form of evolution. If a business is failing, then it should be allowed to fail. Something improved/better will always rise to fill the void.
ALERT! ALERT!....to much commonsense...you will be assimilated.
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Well, the White House sure has some great economic problem fixers, by golly, this should turn out really great.
::)
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Well, the White House sure has some great economic problem fixers, by golly, this should turn out really great.
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Beat me to it.
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WHY does the government feel the need to step in when a business fails? Business' failures or successes are a form of evolution. If a business is failing, then it should be allowed to fail. Something improved/better will always rise to fill the void.
I dunno. I think we all would be better off if we had more closely controlled Mr. Ford's "automobile" production venture while simultaneously subsidizing the buggy-whip industry. Think of the children. :whatever:
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I dunno. I think we all would be better off if we had more closely controlled Mr. Ford's "automobile" production venture while simultaneously subsidizing the buggy-whip industry. Think of the children. :whatever:
hee hee! :cheersmate:
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Beat me to it.
:yeahthat:
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Well, the White House sure has some great economic problem fixers, by golly, this should turn out really great.
::)
If I fall out of the sky in a 767 because the gubmint decides diversity is a much better decider on who should be fixing the planes than actual experience, can I sue?
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If I fall out of the sky in a 767 because the gubmint decides diversity is a much better decider on who should be fixing the planes than actual experience, can I sue?
Well, your next-of-kin might want to try it...