Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (9921)	9/20/2001 10:32:46 AM
From: elmatador	Read Replies (1) of 74559

I just came back to have a go at CB's PM'd question: CB, the help to the airlines has nothing to do with economic sense. Airlines were technically bankrupt BEFORE the attacks. They are using this moment as an excuse to extract rent from the tax payers. Why they aren't exposed for what they really are? They are asking for governments to bail them out of the structural problems they have. Only domestic airtravel is open in the US. International airtravel is a government-sanctioned cartel called IATA. Break the IATA cartel that we see progress in airtravel. But all countries want their flag carriers to profit at the expense of the traveler. Let me go back to the Financial Collapse and Beyond Thread. Too many Shiitas in this Thread here.

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