any new rumors of furloughs at any of the fracs?

[exagony]

Anyone heard of anything?

 

[gutshotdraw]

Netjets is going to furlough everyone and Santulli has hired B19 and he will fly ALL the trips himself because he's just that awesome.....












Can't speak for any other company but I'm not expecting any changes at Netjets until the people are in the streets with pitchforks and torches. Which, given the already apparent ineptitude of this Congress and President could be any day now.

 

[brokeflyer]

Netjets is going to furlough everyone and Santulli has hired B19 and he will fly ALL the trips himself because he's just that awesome.....

gawd I just threw up in my mouth a little bit......

Seriously though, it wouldn't be healthy here for him, I'd drive him to a stroke, heart attack and external thrombosed hemeroids all at the same time.

 

[amaineiac]

Seriously though, it wouldn't be healthy here for him, I'd drive him to a stroke, heart attack and external thrombosed hemeroids all at the same time.

If you could guarantee that, I might be willing to take a furlough.

 

[RP170]

Which, given the already apparent ineptitude of this Congress and President could be any day now.

Agreed. I believe this ineptitude you speak of will eventually lead to many many more furloughs in the aviation industry. NetJets included in 2010.

The question is, will the public blame Obama or the Bush administration for getting us into this disaster? I know who I blame. It stems all the way back to the Clinton administration. That's where the sub prime lending began. Unfortunately, the Bush admin pretty much ignored what was about to happen.

 

[Cavpilot]

Agreed. I believe this ineptitude you speak of will eventually lead to many many more furloughs in the aviation industry. NetJets included in 2010.

The question is, will the public blame Obama or the Bush administration for getting us into this disaster? I know who I blame. It stems all the way back to the Clinton administration. That's where the sub prime lending began. Unfortunately, the Bush admin pretty much ignored what was about to happen.

Look even further back. It was the Carter Administration That started beating the drum for the mess we are in now. Unfortunately, those drumbeats got louder with every subsequent administration. Both Democrats and Republicans have blood on theirs hands.

 

[captain dad]

Agreed. I believe this ineptitude you speak of will eventually lead to many many more furloughs in the aviation industry. NetJets included in 2010.

The question is, will the public blame Obama or the Bush administration for getting us into this disaster? I know who I blame. It stems all the way back to the Clinton administration. That's where the sub prime lending began. Unfortunately, the Bush admin pretty much ignored what was about to happen.

The piece of legislation you speak of was the 1999 Gramm-Leach-Bliley Bill. Yes, that's right, Phil Gramm. John McCain's lead financial advisor.

It repealed a large portion of the Glass-Steagal Act that was put in place after the Great Depression to avoid another Great Depression.

The Dems voted it in But the Reps wrote it and voted for it.

You are right. Bush ignored it. Way to go Republicans.

As for the potential for furloughs...anything can happen but I hope it doesn't. I just hope the economy is fixed ASAP, for all of our sakes.

 

[GSXR600]

Netjets is going to furlough everyone and Santulli has hired B19 and he will fly ALL the trips himself because he's just that awesome.....

That was funny.................

 

[skyaddict]

Plenty of blame to go around on both sides of the aisle. I still think that the so-called "Maestro", Greenspan, was the single biggest villain in the story. He got us hooked on perpetually low interest rates that seemingly banished the business cycle - at the cost of getting us to this mother of all meltdowns that has now wiped out a decade of phony wealth creation. He is due to make a speech tonight, should be hilarious.

 

[-FlyAuburn-]

Agreed. I believe this ineptitude you speak of will eventually lead to many many more furloughs in the aviation industry. NetJets included in 2010.

Geez man. I'm guessing you must have a decently high seniority number to just casually throw that out there. How about just keeping that opinion to yourself. There are some of us that don't need to hear that right now, even if there is a possibility that it might happen.