Lou Dobbs guts Bush over AA plan

[High Iron]

As reckless an action as it might seem, China could kill off our economy in a matter of weeks, simply by banning the export of consumer goods and electronics.

With their supply chain interrupted, Walmart and most other major retailers would be out of business in a matter of weeks, since they don't keep months worth of inventory on the shelves and their distribution networks are now designed for just-in-time delivery.

Shut down that sector of the economy, and the rest of the country is screwed.

It'll have an effect, but jezzuz godalmighty, destroy the economy? That's reaching.

Their exports to the US fund their buildup, economically and militarily. ( yes, reckless, in the short term )

It'll mean the temporary loss of lots of $hitty jobs. After all, the loss of good jobs that they replaced was/is/continues to be rationalized as inconsequential by most ivory tower "market is god" economists...right??? 😉

 

[AMFAMAN]

FM we agree on something!

It must be the Holiday Season!

Happy Holidays to you and yours and good luck in your new job. 🙂

Yeah it's kind of strange, I actually agreed with him the other day too. What the hell is in the egg nog? :mf_boff:

 

[Wretched Wrench]

Yeah it's kind of strange, I actually agreed with him the other day too. What the hell is in the egg nog? :mf_boff:

Eggnog or not, FMs posts are always well thought out and presented, even when we disagree.

 

[NAPAUS]

Lou Dobbs just aired a segment on the Bush administration's determined efforts to open American Airlines to international investors. Despite bipartisan opposition to the policy, Bush has threatened to defy House votes to block his plan for foreign control of airlines. Congress in turn threatens to retaliate this spring.

I just want to ask all you people who voted for the chimp: WHAT were you thinking? He clearly doesn't give a rats tail about the American worker. He clearly doesn't care about what the people want or what Congress advises.

Dobbs ripped into Bush over this issue as various senators from both sides of the aisle expressed concerns over major job and route losses to American Airlines if the Bush plan prevails.

Thank you, Bush fans.
😉 😉 😉 Also keep in mind that AA was one of the biggest contributors to the Republican party and the Bush re-election campaign!! YIKES VERY SCAREY

 

[The Drunken Duck]

Lou Dobbs just aired a segment on the Bush administration's determined efforts to open American Airlines to international investors. Despite bipartisan opposition to the policy, Bush has threatened to defy House votes to block his plan for foreign control of airlines. Congress in turn threatens to retaliate this spring.

I just want to ask all you people who voted for the chimp: WHAT were you thinking? He clearly doesn't give a rats tail about the American worker. He clearly doesn't care about what the people want or what Congress advises.

Dobbs ripped into Bush over this issue as various senators from both sides of the aisle expressed concerns over major job and route losses to American Airlines if the Bush plan prevails.

Thank you, Bush fans.

Peace,
Art Tang
IMA

I don't quite understand what is wrong with non-US investors owning a US company. What other industry is protected by this type of legislation?

There are plenty of US investors who own foreign firms.

The economic logic of this type of ban is non-existant. The US economy and US consumers benefit from competition. I don't understand why the airline industry is so unique.

I don't want to digress, but the China comments seem a little off base.

 

[Wretched Wrench]

U.S. drops plan to increase foreign control over airlines.

Already rebuffed by a Republican-controlled Congress, the Bush administration on Tuesday withdrew its plan to give foreign investors more management control of U.S. airlines.

Announced Tuesday by Transportation Secretary Mary Peters, the decision follows a department review of public comments about the proposal, and votes by the Senate and House this year to prevent the plan from going forward.



http://www.usatoday.com/printedition/money...ules_06.art.htm