nostradamus
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United pilot union to Wall Street, watch out!
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North by Northwest
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That's pretty much DITTO, from NWA employees! (as Stealin well knows!) :angry:
"Release #07.UAL5
November 14, 2007
United Pilots Respond to United/Delta Consolidation ‘Talks’
CHICAGO, Ill.—Contrary to various media reports regarding “talks†between United and Delta concerning a possible consolidation, the United Master Executive Council has established that there are no such talks between the two carriers, according to Captain Mark Bathurst, chairman of the United pilots Master Executive Council, a unit of the Air Line Pilots Association, Int’l (ALPA).
In a statement to the Associated Press, Delta said, “There have been no talks with United regarding any type of consolidation†while United called reports of recent talks “wholly inaccurate.â€
“The United pilots have made a significant investment in the future of our airline and have made it abundantly clear to management that we will be opposed to any transaction that does not fully recognize our sacrifices and contributions,†said Captain Bathurst. “We will protect the interests and the future of United pilots. All interested parties should understand that any plans to merge or consolidate with Delta or any other carrier will not be met with a rubber stamp from this pilot group.â€
“We also remind management – and Wall Street – that it is the pilots and other employees who have suffered under this management group. Interested parties need to recognize that the true assets of this corporation are the pilots and other employees and we will not sacrifice again to facilitate consolidation,†he said.
ALPA represents 60,000 airline pilots at 42 carriers in the U.S. and Canada. Its website is at www.alpa.org."
This pretty much says it all! There is something abundantly wrong with the Bankruptcy Court allowing a Company (United) to force employees to lose their jobs, take pay cuts and loss of pension funds so that the Senior Management and CEO can increase their wealth through bonuses and stock options.
November 14, 2007
United Pilots Respond to United/Delta Consolidation ‘Talks’
CHICAGO, Ill.—Contrary to various media reports regarding “talks†between United and Delta concerning a possible consolidation, the United Master Executive Council has established that there are no such talks between the two carriers, according to Captain Mark Bathurst, chairman of the United pilots Master Executive Council, a unit of the Air Line Pilots Association, Int’l (ALPA).
In a statement to the Associated Press, Delta said, “There have been no talks with United regarding any type of consolidation†while United called reports of recent talks “wholly inaccurate.â€
“The United pilots have made a significant investment in the future of our airline and have made it abundantly clear to management that we will be opposed to any transaction that does not fully recognize our sacrifices and contributions,†said Captain Bathurst. “We will protect the interests and the future of United pilots. All interested parties should understand that any plans to merge or consolidate with Delta or any other carrier will not be met with a rubber stamp from this pilot group.â€
“We also remind management – and Wall Street – that it is the pilots and other employees who have suffered under this management group. Interested parties need to recognize that the true assets of this corporation are the pilots and other employees and we will not sacrifice again to facilitate consolidation,†he said.
ALPA represents 60,000 airline pilots at 42 carriers in the U.S. and Canada. Its website is at www.alpa.org."
This pretty much says it all! There is something abundantly wrong with the Bankruptcy Court allowing a Company (United) to force employees to lose their jobs, take pay cuts and loss of pension funds so that the Senior Management and CEO can increase their wealth through bonuses and stock options.
NewHampshire Black Bears
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Oh MY..........."donttouchthebeauty"....................What can this MEAN ????????????
JungleClone
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The wild card in all of this is the price of crude oil. If it continues to rise, it is going to force airlines to do things they may not have wanted to do previously. We all know how pathetically desperate Tilton has been to sell UA to anybody with a pulse. But thus far, his efforts have been for naught. But if oil continues to creep northward in price, it will force other airlines to come to the table. They simply won't have a choice. Even if fare increases and/or increased fuel surcharges are successful initially, there is a limit to how far you can raise those fares without seeing a drop-off in demand. And, as we inch towards the always marginal 4th Quarter, things are going to get interesting, especially throughout the winter.
North by Northwest
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Two things are gonna happen next year when the Dems OR Ron Paul take office.
They will HALT the insane policy of stockpiling the National Oil reserve at these inflated prices (Thanks to Georgie and his masters the Saudis). They will CUT the massive amounts of oil needed for this fake War.
Ecologically, China is in a melt down. It can only keep it's present pace up for a short while longer before the place becomes humanly uninhabitable. I think the world is going to be in a state of shock when they go to see the Olympics and see the devastation to the environment China's slave factories have done.
They will HALT the insane policy of stockpiling the National Oil reserve at these inflated prices (Thanks to Georgie and his masters the Saudis). They will CUT the massive amounts of oil needed for this fake War.
Ecologically, China is in a melt down. It can only keep it's present pace up for a short while longer before the place becomes humanly uninhabitable. I think the world is going to be in a state of shock when they go to see the Olympics and see the devastation to the environment China's slave factories have done.
casual rat
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Hopefully, the American MBAs don't pick up any any more 'management' tips from the slave factories during The Olympics....
JungleClone
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North,
We didn't just start the Iraq War to take their oil. That was the long range goal. The short-term goal was to CONTROL the flow of Iraq's oil (i.e. restricting it), thereby keeping the prices rising. The last thing Big Oil and the Bush Administration wanted was a dictator flooding the market with oil and driving down the price. Georgie's benefactors would not have liked that one bit.
We didn't just start the Iraq War to take their oil. That was the long range goal. The short-term goal was to CONTROL the flow of Iraq's oil (i.e. restricting it), thereby keeping the prices rising. The last thing Big Oil and the Bush Administration wanted was a dictator flooding the market with oil and driving down the price. Georgie's benefactors would not have liked that one bit.
North by Northwest
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One must question the character of the USA, whose economy was founded upon Human enslavement, and is now the world's largest consumer of goods from a Communist Nation whose growth is fueled by slavery (all the while running around the world preaching about Human Rights). And KNOWINGLY giving our #1 Communist enemy the riches (our WALMART dollars) to build the military that WILL challenge/and destroy us if ever given the opportunity.
I hear you Jungle.
Since Georgie took office, via the price of oil, the USA has transferred close to 3 TRILLION dollars(with the run up in price from $28 to $100 during his reign of terror) in wealth to Saudi Arabia/ Kuwait, and other OPEC members.
I hear you Jungle.
Since Georgie took office, via the price of oil, the USA has transferred close to 3 TRILLION dollars(with the run up in price from $28 to $100 during his reign of terror) in wealth to Saudi Arabia/ Kuwait, and other OPEC members.
The only thing wrong with the bankruptcy court is the sorry(and I say sorry instead of worthless, because they already have your money) lawyers that are on the bench!!!
JungleClone
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North,
The scariest part of it all is that the overwhelming majority of people in this country have their heads buried so deeply in the sand that they don't even realize the crisis that is coming. The dollar continues to get pounded in world markets. Oil continues to rise higher. Our debt continues to build. None of these things are sustainable for the long haul. And nobody seems to care.
The scariest part of it all is that the overwhelming majority of people in this country have their heads buried so deeply in the sand that they don't even realize the crisis that is coming. The dollar continues to get pounded in world markets. Oil continues to rise higher. Our debt continues to build. None of these things are sustainable for the long haul. And nobody seems to care.
North by Northwest
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Have you read the latest Business Week? Great Britain (joined at the hip to the US) is FAR worse off than the US with consumer debt. Two thirds of the English economy is dependent upon consumer spending, housing costs are now 11 times the average wage of a person.
This housing bubble, and consumer debt build up was nothing but a global, government set up PONZI SCHEME. Allow the banks and financial markets to set up easy credit for people who can't afford it, milk them in APRs/late fees (in the hundreds of Billions). Then move them into mortgages they can't afford (to tap the FAKE run up in property value/in order to pay their credit card bills and SHOP some more) and force the responsible tax payer to bail them out>VIOLA, the thieves walk away with a Trillion dollars of taxpayer money at the top.
Now, I'm no Greenspan, but even I COULD SEE this FAKE Ponzi Scheme...YEARS ago when housing started to double in value, wages decreased, and consumer spending INCREASED. Where were they going to get the money...REFINANCE! (spend some more)
That does say it all.
I just want to know why Joe Prisco & AMFA don't put out a similar threat.
casual rat
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AMFA's more worried about losing dues money to the Teamsters than what UAL is doing right now....
U
