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To: kapkan4u who wrote (55689)9/17/2001 9:41:38 PM
From: Jim McMannisRead Replies (1) | Respond to of 275872
 
RE:"The FAA and the Bush administration are killing the airline industry and damaging the economy further by first grounding everybody and then slowing everybody down to a crawl with ludicrous security measures. All they have to do now is put an FBI agent on every flight. Long-term they have to mandate appropriate training and arming the crew of every commercial jet."

I agree, the airline industry and those who depend on it like AMD for shipment (On Topic) are in big trouble...

but Bush and the FAA? I doubt too many people want to fly without new security measures. I am at a loss by your statement. If anything security is way too lax, even now.
FBI agents cost way to much. They have to have a law degree to boot except in special circumstances. Makes little sense to put FBI agents on planes.

We could always go back to sky marshalls with non fuselage penetrating bullets or better yet use the milatary to ride on the planes...this could be divied up between the active & reservists who get together once a month to play army anyway. Let them ride the planes. They next thing they need to do is install steel cockpit doors. Never to be opened even if the highjackers threaten crew and passengers.

As far as pilots being trained to fight terrorists...well they have a hard enough time flying the plane, asking them to have swat training is a reach. Arming them may no be a bad idea.

Like you I think we are in grave danger...particularly the DOW stocks...
NASDAQ is close to wash out not...
Wouldn't be surprised to see a short term rally though.



To: kapkan4u who wrote (55689)9/18/2001 2:10:05 AM
From: milo_moraiRead Replies (1) | Respond to of 275872
 
No, Terrorists are killing the airline industry. And I for one don't find them ludicrous.

There isn't enough FBI agents to put a man on every flight.

The global market reaction to these events will accelerate the failure of the Japanese banks. Non-performing loans are backed by securities that are valued by the purchase price not the market price. Before these events, Japan as a nation was slowly going bankrupt. Now they are going bankrupt much faster.

That is the goal of Terrorism to destroy Capitalism and the US.

my two sense :) (pun intended)



To: kapkan4u who wrote (55689)9/18/2001 2:37:24 AM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
Kap,

The FAA and the Bush administration are killing the airline industry and damaging the economy further by first grounding everybody and then slowing everybody down to a crawl with ludicrous security measures. All they have to do now is put an FBI agent on every flight. Long-term they have to mandate appropriate training and arming the crew of every commercial jet.

They should start with the pilots right away. Most already have military training anyway.

AMD is a screaming buy in normal market conditions, but the conditions are far from normal.

At least a week (7.5%) of PC sales were lost. This will cause both AMD and Intel to miss their lowered projections. I don't know if it is priced in the prices of these securities.

Joe



To: kapkan4u who wrote (55689)9/19/2001 12:16:49 AM
From: maui_dudeRespond to of 275872
 
kapkan4u, Re : "When Japan Inc. files for Chapter 11, they will take the DOW down to the 5000 and the NASDAQ to 1000 levels, which I have predicted for a long time."

You have done quite well so far predicting gloom and doom.
Lets not forget your other prediction that Intel be at $6 ($40B market cap) by end of 2002.

Maui.



To: kapkan4u who wrote (55689)9/25/2001 9:44:28 PM
From: Joe NYCRespond to of 275872
 
OT,

Airline pilots demand guns

WASHINGTON, Sept 25 (AFP) -
US airline pilots are demanding the right to carry guns in the cockpit so they they can fight back hijackers, something authorities say they are willing to consider.

The Air Line Pilots Association formally told Congress on Tuesday pilots should be authorized to bear arms to prevent terrorists from using jetliners as "guided missiles" as happened on September 11, when hijackers slammed airplanes into the World Trade Center and the Pentagon.

"The ALPA urges Congress to authorize a new program to train volunteer airline pilots to carry firearms in the cockpit to secure the nerve center of aircraft and to get the aircraft on the ground safely if faced with a terrorist threat," ALPA President Duane Woerth told lawmakers.

The guns would use "frangible bullets" that do not endanger the aircraft itself, he said in testimony to the House of Representatives' subcommittee on aviation.

Pilots wishing to be armed would have to undergo special training and psychological tests.

ALPA, which has 67,000 members from 47 airlines in the United States and Canada, also wants cockpits to be equiped with stun guns, which can fire thousands of volts of electrical current to a distance of up to five meters (15 feet). A person targeted by such a weapon immediately loses consciousness and collapses.

The pilots' association also called for a tightening of security aboard aircraft, such as the installation of safer cockpit door and communications systems flight attendants can use to alert pilots in case of an emergency.

Federal Aviation Administrator (FAA) Administrator Jane Garvey said a thorough review of security rules was needed following the September 11 terrorist onslaught.

The FAA has already decided to place armed air marshals aboard some flights, a practice followed for years by Israel's El Al airline.

Having armed pilots or law enforcement agents aboard commercial airliners is "an idea that probably, two weeks ago, I would not even have considered," said Garvey.

But the proposed measures are not without risk.

Pilots, strapped in a harness during take-off or landing, would for example, find it difficult to shoot at attackers standing behind them. There is also a risk hijackers could get hold of the weapons.

"We believe a more informed debate is probably going to be necessary," says John Douglass, president of the Aerospace Industries Association of America.

But pilots, many of whom are former members of the armed forces, largely favor the measure.

"It seems quite incredible to me that I am entrusted daily with a 40-million-dollar aircraft and the lives of many hundreds of passengers but the FAA, in their questionable wisdom, does not trust me with a firearm," American Airlines captain W.J. "Skip" Hapeman said in an open letter to the
asia.dailynews.yahoo.com