Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (187494)	9/28/2001 10:52:42 AM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769670

Airlines run on the cash flow and have enormous capitol investment. The Airline are bleeding money. If they were not helped they would bo bankrupt and then there would be no companies to hire anyone back as things go back to normal. These companies are run by people and those who run it have to run it so it does not go bankrupt. If now the airlines survive then the worker got some. Now if all the Airlines go belly up then the planes will sold at a fire sale and the folks with plenty of money will make a killing. Middle East Airlines. Bin Laden Air. tom watson tosiwmee

To: DOUG H who wrote (187494)	9/28/2001 12:15:53 PM
From: ThirdEye	Read Replies (2) \| Respond to of 769670

Ordinarily I would call such a bailout corporate welfare. But these are not normal times. This is a national emergency and the bailout amounts to a bridge loan. Having said that, it would be proper if the airlines could extend some of that bridge to employees who were laid off, rehiring them as the traffic dictates. However, the recovery of the airlines is not entirely up to the airlines either, but a matter of federal security measures and other issues related to public confidence.

To: DOUG H who wrote (187494)	9/28/2001 12:15:54 PM
From: ThirdEye	Respond to of 769670

Ordinarily I would call such a bailout corporate welfare. But these are not normal times. This is a national emergency and the bailout amounts to a bridge loan. Having said that, it would be proper if the airlines could extend some of that bridge to employees who were laid off, rehiring them as the traffic dictates. However, the recovery of the airlines is not entirely up to the airlines either, but a matter of federal security measures and other issues related to public confidence.