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Southwest beats forecast with $112 million profit

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gutshotdraw said:
More than anything, Fortune 500 type CEO's hate uncertainty. When there is uncertainty in a few areas, they will risk capital. When there's a LOT of uncertainty in a LOT of areas, they hoard cash and avoid risk. So, let's review:

1. Major possibility of double dip recession? Oh yeah.
2. Middle class (ie: customer base) shrinking? Um, yep.
3. Continued high unemployment and poor job growth? For the foreseeable future.
4. Cost impacts of Obamacare? Sky is the limit.
5. Increased environmental regulation and associated costs? Green Police are on the scene.
6. Tax bills in the future? I can't count that high.

A report earlier this week said American corporations are sitting on nearly a trillion dollars and won't hire or grow. GK ain't stupid. We'll be lucky to hold onto the economic status quo for the next three years. Growth? You're dreaming.
Click to expand...

I agree.
 
huronip said:
Unfortunately SWA doesn't net any new gates in the new terminal and will never be allowed to fly international from there if SWA ever decides to go that route. 20 total gates and SWA gets 16 which is the total now. A maximum of 40-50 flights more per day at best from the current numbers.
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Rumor has it all the additional parking spots that they are creating will get around the gate issue, because they will be using a bus system to get people from the trerminal to the aircraft and use air stairs....this gets around the limit to gate issue.
 
gutshotdraw said:
More than anything, Fortune 500 type CEO's hate uncertainty. When there is uncertainty in a few areas, they will risk capital. When there's a LOT of uncertainty in a LOT of areas, they hoard cash and avoid risk. So, let's review:

1. Major possibility of double dip recession? Oh yeah.
2. Middle class (ie: customer base) shrinking? Um, yep.
3. Continued high unemployment and poor job growth? For the foreseeable future.
4. Cost impacts of Obamacare? Sky is the limit.
5. Increased environmental regulation and associated costs? Green Police are on the scene.
6. Tax bills in the future? I can't count that high.

A report earlier this week said American corporations are sitting on nearly a
trillion dollars and won't hire or grow. GK ain't stupid. We'll be lucky to hold onto the economic status quo for the next three years. Growth? You're dreaming.
Click to expand...

-1
disagree
don't confuse GOP TPs w/ reality- they just want you to give them your $$ and vote for them. Unpatriotic clowns hoping and working for the failure of the US so they can jerk off w/ power.

+1 on the bean counter line-
accountants are vital- they don't tend to make great leaders- but I love GK and hope he proves me wrong.
 
If you don't understand that we are heading for an economic meltdown of epic proportions next year, you are truly delusional. No sane businessman will spend a frickin dollar more than he has to or hire a soul until these ass hats in Congress and the White House are shown the door.
 
"In the midst of winter I found within me, an invincible summer" - Camus

stop botching about losing an election and get to work.
 
waveflyer said:
"In the midst of winter I found within me, an invincible summer" - Camus

stop botching about losing an election and get to work.
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Or you could just stop blaming the previous administration over a year and a half into your term.
Of course what else is there to do with making important presidential appearances on "the view"
 
waveflyer said:
"In the midst of winter I found within me, an invincible summer" - Camus

stop botching about losing an election and get to work.
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Tell Obama to stop BOTCHING. They're botching EVERYTHING. But then again, that IS the idea.
 
Or you could stop blaming Obama for everything when your guy ran te country over the cliff....

As for me- I'm not blaming anyone- I'm working my ass off to save money and take vacations and buy as many things I enjoy as I can.
I'm not sitting on an irrelevant website complaigning that politicians are not doing what I want them to do- we get to do something proactive on election days- the rest is just dumb
 
Slow and steady.
As the old SWA saying goes, "Our mgmt has predicted 10 of the last 3 recessions."
Our mgmt positioned us to survive 9-11. They have my trust in what they are doing. Kelly is counting beans pretty good right now. Play on playa.
 
Flyinguy--That's spot on and hilarious!

Whataburger--I agree 100%. Wouldn't want to be anywhere else and fully support GK.
 
FlyinGuy said:
Bush turned the car toward the cliff....Obama slammed on the accelerator and yelled "alla ackbar"!!!
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LMAO! But sadly, so true.

How soon we forget what touched off this recession. The housing bubble.
What caused the housing bubble:
The Community Reinvestment Act, Fanny Mae/Freddie Mac, Zero down, interest only, 125% of the value loans.

And we are already starting to do it again. Plus a tax increase coming next year.

I'm taking GK's approach. I'll keep saving my cash a little longer I think.
 
LMAO-
just don't ever preach personal responsibility while you make excuses for the people you put into office-
keep blaming a 30... Yes 30! Year old law- bc that makes lot of sense-

Or you could research the FSMA of 1999- the bush tax cuts- borrowing $$ from china to fund 2 wars bc you believe you can't EVER raise taxes even to pay for a war.

Logic just doesn't follow you... Sorry you guys have been wrong and stupid in denying it-
 
waveflyer said:
LMAO-
just don't ever preach personal responsibility while you make excuses for the people you put into office-
keep blaming a 30... Yes 30! Year old law- bc that makes lot of sense-

Or you could research the FSMA of 1999- the bush tax cuts- borrowing $$ from china to fund 2 wars bc you believe you can't EVER raise taxes even to pay for a war.

Logic just doesn't follow you... Sorry you guys have been wrong and stupid in denying it-
Click to expand...

I have no problem pointing a finger at Bush as well. Bush was not exactly "conservative" either. I'm just laughing at my dem friends who criticized Bush's spending but some how its now ok with Obama. I don't buy the excuse that we have to spend our way back to prosperity. Bush Spent like a drunk sailor. Obama's deficit spending is no better than his, plus he is a socialist at the same time. Obama just had a meeting with business owners and asked them why they weren't hiring. They told him why. Everything they said went against Obama's agenda. We need a party of "NO"! Why, because the county is broke and getting worse. Cut the spending, and reduce the deficit before our dollar tanks, please! I guarantee that if he would extend the Bush tax cuts and throw in some additional tax breaks for business's, you would see the economy come roaring back.
 
I think SWA should take some of the profits its making and give it back to the pilots that were required to Pay for a Type Rating

Hows that sound?
 
waveflyer said:
Or you could stop blaming Obama for everything when your guy ran te country over the cliff....

As for me- I'm not blaming anyone- I'm working my ass off to save money and take vacations and buy as many things I enjoy as I can.
I'm not sitting on an irrelevant website complaigning that politicians are not doing what I want them to do- we get to do something proactive on election days- the rest is just dumb
Click to expand...

With nearly 3000 posts it is clear that you are not simply sitting on this irrelevant website.
 
XRMEFLYER said:
With nearly 3000 posts it is clear that you are not simply sitting on this irrelevant website.
Click to expand...

Oh no- I have no illusions that this site is relevant in the scheme of things on any level
 
Donald said:
I have no problem pointing a finger at Bush as well. Bush was not exactly "conservative" either. I'm just laughing at my dem friends who criticized Bush's spending but some how its now ok with Obama. I don't buy the excuse that we have to spend our way back to prosperity. Bush Spent like a drunk sailor. Obama's deficit spending is no better than his, plus he is a socialist at the same time. Obama just had a meeting with business owners and asked them why they weren't hiring. They told him why. Everything they said went against Obama's agenda. We need a party of "NO"! Why, because the county is broke and getting worse. Cut the spending, and reduce the deficit before our dollar tanks, please! I guarantee that if he would extend the Bush tax cuts and throw in some additional tax breaks for business's, you would see the economy come roaring back.
Click to expand...

Irregardless of who's fault our current situation is...it's my firm belief that our government has to get a handle on pensions. The corporate world is facing that reality and shedding pensions by the truckload through bankrupcies. Yet local, state, and federal governments hemmorage cash while offering full pensions with as little as 20 years of work. School teachers, police and fire workers, military...many of these people go on to second careers, with the full intention of acquiring a second pension, and then double dipping. By the time they are in their sixties, many have two full pensions, and social security. Meanwhile,... government continues to hemmorage cash.
We need to get serious with weening govt. employees off of full pensions and into contributing toward 401k's etc. Everyone else is doing it...what's so sacrosanct about the public sector.
Fire away...
 
Easy answer to that question. The voting booth. That is why nothing will ever get fixed. Politicians (on both sides) do not have the courage to do the right thing. They so worried about getting elected or re-elected that all they do is talk. The tragic end to this story can be read by looking at the Soviet Union in the early 90's. That is where we are headed.....bankruptcy!!!!
 
The Prussian said:
Yet local, state, and federal governments hemmorage cash while offering full pensions with as little as 20 years of work. School teachers, police and fire workers, military...many of these people go on to second careers, with the full intention of acquiring a second pension, and then double dipping. By the time they are in their sixties, many have two full pensions, and social security. Meanwhile,... government continues to hemmorage cash.
Click to expand...

What's your idea of a "full pension?" How much retirement after 20 years of service (as a percentage of their previous salary), do you think these "School teachers, police, and fire workers, military" receive?
 
Yeah- seems to be the same crowd that will defend ridiculous executive compensation-
but go after pensions earned over 20 years-
maybe we ought to not raid pensions? Keep them funded? Maybe?

How much of a gap between the rich and working poor is acceptable to you? How large is still too small for you?
 
XRMEFLYER said:
With nearly 3000 posts it is clear that you are not simply sitting on this irrelevant website.
Click to expand...
He's also pointed out how much of a ****************************** bag that he truly is.
Of course he could spend more time at the guy working on his six pack for that "special man" in his life.:laugh:
 

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