Predict the Future - Industry in 2020

[BrickTop]

Hopefully an industry with 10,000 less old ********************ing dried up douhcebags holding the bottom 80% down

 

[BOOZENEWS]

Mesa sucks!

 

[Caveman]

You knuckleheads don't even know for sure what's going to happen next Tuesday let alone 1, 5, 10 or 20 years down the road. Besides, it really doesn't matter because according to the Mayan calendar were all doomed in 2012......

 

[contrail67]

Mesa sucks!

And Mesa will still suck.

 

[Chubaka]

In the year 2020 there will still be some kid willing to fly my plane for peanuts. No different than today.

 

[Green]

With all certainty oil will eventually be traded with denominations other than the dollar; the dollar will fall in value and our cost of living in the US will rise. The US will lose ground in a coming resource fight, hyperinflation will set. The combined cost of maintaining our aging infrastructure, oversized military, underfunded social security and healthcare will lead to further discontent. America is in a state of emergency and no one knows it now, wait till everyone realizes how poor a nation we are becoming. America has a fourth private branch of government; The Federal Reserve. That branch has expressed the whims of corporate and political greed to the point that our nations wealth is constantly exported. Ever notice how all US Treasury secretaries come from The Fed (a private company)?

We'll have more Tea parties and just maybe we'll find a better national fiscal policy, foreign and trade policy. Our country is like our airlines in that CEOs and politicians are revolving doors who look out for number one. Of course not all of them are corrupt, but by and large the system is fraught with a lack of national pride and no sense of self-preservation.

Either way we, our families and America will be poorer. But there will always been planes and at least we (for the most part) will enjoy our jobs... while we finance the social welfare of America. On the up side, there will be more movement in the airlines industry than ever before and hopefully we'll see a real pilot shortage if Congress presses the 1500/ATP rule. On the down side, we continue to work in the most volatile industry ever.

In the meantime, enjoy the show:
Live US Dept Clockhttp://www.usdebtclock.org/
Current Bailout Origin: http://www.youtube.com/watch?v=u8DXPlGRDK4
Coming Hyper Inflation: http://www.youtube.com/watch?v=SzmYI_4XCbM
Ron Paul, Fed Audit Push: http://www.youtube.com/watch?v=bW4YZ6R53yA
One last thing... http://www.youtube.com/watch?v=cjsiGLxT9mg

Really interesting videos...Do you have more links??

 

[AA717driver]

AA717driver will be chuckling about promising all his FO's that he'll "retire at 62 when SSI kicks in" and his 62nd birthday approaches.



TC

 

[NEDude]

Where is this idea that the fed is a private company coming from? I have heard it a lot recently. However all of the independent research I can find states that it at best somewhat autonomous from the central government, not needing congressional or Presidential approval to act, but that it is not a private organization, does not make a profit, does not sell stock publicly or to foreign interests. The board of governors and chairman are appointed by the President and confirmed by the senate and the board must make an annual report to the speaker of the House.

So where are the statements that the Federal Reserve is a private institution coming from? Is it something Rush Limbaugh, Bill O'Reilly or Glenn Beck stated on their shows recently? Who did the research before making these statements?

Oh, and for the 2020 prediction?

Wal Mart will be the sole airline in the USA and all pilots will have to work for ten years to pay off their flight training costs to Wal Mart aviation training. Benefits will be medical care discounted at 5% at all Wal Mart health centers and space available hotels at Wal Mart Inn. Retirement will be employment as a greeter at you nearest Wal Mart shopping center. For those physically able, they will be offered positions as dishwashers at Wal Mart Restraunts. Glenn Beck and Bill O'Reilly will spout the daily 'news' on Wal Mart television (a partnership with Fox News) and Rush will take care of the radio waves on Wal Mart radio.

 

[Superpilot92]

Brother, lets get the word right before we go and do anything... SECEDE.

secession |səˈse sh ən|
noun
the action of withdrawing formally from membership of a federation or body, esp. a political state : the republics want secession from the union.

BTW, its the last thing I want as a native... but when this great country pursues a zimbabwean monetary policy, we may not have a choice.

thats what happens when you post via an iphone, predictive text isnt always right fwiw imp:

I texted someone a message today and ment to type "XRAY" and it sent "Crayon" wtfo

Got it though, meant to put secede

 

[Superpilot92]

Hopefully an industry with 10,000 less old ********************ing dried up douhcebags holding the bottom 80% down

:beer:

:uzi:AGE 65 :smash:

 

[ackattacker]

Retirement age will be raised to 76. You will all hold the same seniority at the same crappy airline you do today. Unless your airline goes out of business, in which case you will have even less seniority at an even crappier airline.

 

[dh82dvr]

there will be no retirement age, fly until you kick the bucket.

Republic will own everything.

Obama will have been made emperor for life.

I will be a beach bum and live off the emperors handouts since that will pay much better than being an FO until enough old guys croak.

The geezermeter will still operate but will now forcast the number of in flight croakings per month.
:smash:

 

[Dornier 335]

US legacy carriers will only exist as a name on your ticket, all flying will be outsourced to Uncle H, B, and O.

Glenn Tilton will become the next President of the US and will outsource all government jobs to India, Pakistan and Bangladesh (including the FAA).

Tar & Feathering will be re-introduced for basic violations of 14 CFR 61.

The US military will be outsourced to the Taliban and the Mexican and Columbian drug cartels.

Freight dawgs will be outsourced to freight drones.

Republicans and Democrats will settle debates in death-cage wrestling matches.

 

[Kugelblitz]

One word: Cyborgs

United will be on the verge of Ch. 7, they will save the company by firing all their human pilots and hiring gay cyborgs to pilot their 1990's vintage, all airbus fleet.

 

[Oh-ryan]

The General and Rez will have exceeded 1 million posts

 

[JohnDoe]

So where are the statements that the Federal Reserve is a private institution coming from? Is it something Rush Limbaugh, Bill O'Reilly or Glenn Beck stated on their shows recently? Who did the research before making these statements?

The federal reserve is often called a quasi-governmental agency. It has a public purpose, but it also has a private corporation aspect to it. That is an almost verbatim statement from the fed. reserves own website. It is not a branch of the government as is, say, the supreme court.

Certain member entities are "shareholders" in the federal reserve. As shareholders, they get to elect 6 out of the 9 positions on the federal reserve's Board of Directors. 6 out of 9 positions. In other words, a controlling majority.

Who are these members you ask? Private banks. Member banks which include: Jp morgan, citibank, AIG, goldman sachs.......Starting to see the picture here? Which banks received bailouts from the "government".....??

None of this information is "tinfoil" in nature. You can verify all of it yourself. If you do start to really dig into it you will be suprised IMHO, and not in a good way, when you find who really is controlling monetary policy in this country. Fox guarding the hen house comes to mind.

 

[Flybywire44]

Really interesting videos...Do you have more links??

Google/YouTube Alex Jones and Congressman Dennis Kucinich...

Check out www.infowars.com.

 

[NEDude]

The federal reserve is often called a quasi-governmental agency. It has a public purpose, but it also has a private corporation aspect to it. That is an almost verbatim statement from the fed. reserves own website. It is not a branch of the government as is, say, the supreme court.

Certain member entities are "shareholders" in the federal reserve. As shareholders, they get to elect 6 out of the 9 positions on the federal reserve's Board of Directors. 6 out of 9 positions. In other words, a controlling majority.

Who are these members you ask? Private banks. Member banks which include: Jp morgan, citibank, AIG, goldman sachs.......Starting to see the picture here? Which banks received bailouts from the "government".....??

None of this information is "tinfoil" in nature. You can verify all of it yourself. If you do start to really dig into it you will be suprised IMHO, and not in a good way, when you find who really is controlling monetary policy in this country. Fox guarding the hen house comes to mind.

What you are referring to is the structure of the 12 individual reserve banks, not the central Federal Reserve system.

According to the Federal Reserves own website, the fed is run by the seven members of the board of governors, which are all appointed by the President and confirmed by the Senate and must make an annual report to the speaker of the House. However they are independent in that they do not require Presidental or Congressional approval to act.

The cost and availability of money and credit is controlled Federal Open Market Committee (FMOC) which is a 12 member board consisting the seven members of the board of governors and five of the reserve bank presidents. So publicly appointed and confirmed representatives will always have at least a 7-5 majority when it comes dictating monetary policy in the USA.

In summary, the Federal Reserve System is owned by the Federal Government and is run by a board of governors made up of 7 Presidential appointed, Senate confirmed, individuals. Under their direction are 12 Federal Reserve Banks, of which shareholders include private banks within each district. Those 12 banks each has a board of directors who appoint a bank president. Five of the bank presidents serve along with the 7 members of the board of governors to control monetary policy in the Unted States.

So to state that the Federal Reserve is a "Private Institution" as I have heard from many people recently (mostly in conversation - not on this site) is at best an inaccurate simplification of the truth.

As to the benefits/drawbacks of the system setup, I am not going to discuss. My point was to discuss the actual structure of the Federal Reserve System and how it is controlled.

http://www.federalreserve.gov/pubs/frseries/frseri.htm

 

[JohnDoe]

NEdude: you are correct.

The Federal Open Market Committe (part of the fed) is the primary entity for determining montetary policy in the country.

5 of the 12 voting members of the FOMC are presidents of the reserve banks. Those presidents are elected by the boards of directors. Those boards of directors are elected by the member (private) banks. The other seven presidents of the reserve banks are on the FOMC, they just don't have a vote. But do you really think they don't have influence on the outcomes?

You also touched on another important point regarding the board of governors:

However they are independent in that they do not require Presidental or Congressional approval to act.

Combine that statement along with the former employers/backgrounds of some of the board of governors (goldman sachs anyone?), combined with the election process for the voting presidents....etc, I stand by my "fox watching the hen house" statement.

With regards to them being a "private corporation:" I agree corporation is a little strong. However, the fed's own website states:

"Instead, it is an independent entity within the government, having both public purposes and private aspects." (emphasis mine)

There have been efforts made lately by some lawmakers to "audit the Fed." Most likely with very good reasons to do so.

 

[NEDude]

NEdude: you are correct.

The Federal Open Market Committe (part of the fed) is the primary entity for determining montetary policy in the country.

5 of the 12 voting members of the FOMC are presidents of the reserve banks. Those presidents are elected by the boards of directors. Those boards of directors are elected by the member (private) banks. The other seven presidents of the reserve banks are on the FOMC, they just don't have a vote. But do you really think they don't have influence on the outcomes?

You also touched on another important point regarding the board of governors:



Combine that statement along with the former employers/backgrounds of some of the board of governors (goldman sachs anyone?), combined with the election process for the voting presidents....etc, I stand by my "fox watching the hen house" statement.

With regards to them being a "private corporation:" I agree corporation is a little strong. However, the fed's own website states:

"Instead, it is an independent entity within the government, having both public purposes and private aspects." (emphasis mine)

There have been efforts made lately by some lawmakers to "audit the Fed." Most likely with very good reasons to do so.

I understand perfectly that the fed does have private aspects, and as I stated earlier, I do not intend to discuss the merits of the system - my impression is our beliefs would be similar on that matter. My point was that I have heard numerous statements lately that the Fed is a private institution, or that it is not owned by the government/privately owned and that by all research those statements are at best inaccurate, misleading generalizations of the of how the federal reserve system is organized and operated.