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Airlines still losing billions of dollars every year, economy still shedding close to 200,000 jobs a month, unemployment rate at 10.2%, and a million people are still getting kicked out of their house every 3 months. The current administration could probably use you in DC helping improve consumer confidence. I don't see the airlines doing any major hiring over the next couple years but hopefully I am wrong.
Dollar vs Euro: approximate dates
1-1-2000(bush takes office): 1.0131
1-1-2003(r's totally in charge): 1.0622
7-1-2008: 1.5759
total change of 35%
1-1-2009bush gone, O in): 1.3244
11-06-2009: 1.4862
total change of 11%
Last 10yrs: Low vs. High
Low: 26oct2000: .8252
High: 16jul2008: 1.5888
difference of 58%
Yeah its all Obama and the Dems fault
I have a question for current airline pilots. Eventually, the airlines will start hiring again. Let's use Southwest Airlines for an example. Individuals attend an interview at SWA. All the interviewees are well qualified to to flying for SWA. But in the end, only the few luck ones get the job offer from Southwest. WHAT non-flying qualities does the recruiting powers that be at Southwest determine whether or not to hire a person to fly for the company?
You have know idea what kind of storm we are about to get hit with. Brace for IMPACT.
The Euro is going to go up and the dollar will collapse. We've already handed out the booze to the alcoholic.
Invest in Gold. It is not too late. Buy Euro's, the de-coupling process from the United States has already begun. Other nations are getting out of dollars quietly. India just bought a ton of gold and China is next. 18 months from now you are going to eat those numbers. I like the Yen as well.
Good luck. To all you people that have faith in a economic recovery. Read Crashproof 2.0 by Peter Schiff. Or listen to his video blogs on youtube.He predicted all this mess.
Doooode,
I am not giving/nor looking for financial advice from a bunch of anonymus dip******************** pilots. I was just giving some factual/historical numbers refuting some narrowminded, rightwing, faux news watchin, rush limburgh listn, teabag ball licken glenn becken, nutjob. There are plenty or (a lot, alot) of places to get better financial advice then here. The point I was trying to make is that this mess, storm whatever you want to call it did not start in January, despite what the rightwing media tells you.
Doooode,
I am not giving/nor looking for financial advice from a bunch of anonymus dip******************** pilots. I was just giving some factual/historical numbers refuting some narrowminded, rightwing, faux news watchin, rush limburgh listn, teabag ball licken glenn becken, nutjob. There are plenty or (a lot, alot) of places to get better financial advice then here. The point I was trying to make is that this mess, storm whatever you want to call it did not start in January, despite what the rightwing media tells you.
My advice, is to drink heavily.
Yeah-comparing 8 years of history vs. 8 months is real brainiac-level stuff, there chief.... If you really think we are on a good path, go buy a ton of treasuries-be sure to buy them for 10 or 20 years out-see if you ever get paid.
-You may go back to sucking your thumb and watching John Stewart now. You may also want to pick up a People and TeenBeat for some more cerebral reading material, once you feel like kicking the news and analysis factor up a notch or two, but overall-you will be very happy if you stick to these tried-and-true sources. We would never want to trouble you with the truth.
-Amazing....
The root cause of the financial meltdown is simple: Social engineering. once the govt. started trying to force banks to "loosen up lending rules" so that everyone could have a shot at "the american dream," things began to fall apart. Eventually, the banks couldn't find any investors stupid enough to buy the securities backed with their crazy loans, the govt stepped in and had Freddie and Fannie buy them, then turn around and sell them as repackaged bonds to nations who actually have money these days-like Saudi Arabia, UAE, Jordan, and China.
The meltdown is simple-the system tried to correct itself, tried to work out all the riff-raff companies, but unfortunately, the worst of the riff-raf was Freddiie and Fannie themselves. This whole mess was created because Clinton, Barney, Chris Dodd, and all sorts of other libs wanted to make everyone fell better about themselves. People feel real good when they can take out 125% on a house with no downpayment, get a 3-yr interest-only loan and go buy the biggest, badest Escalade wih 28" rims..... And some sweet pimped-out gold teeth-with little diamonds implated in them. They feel real good for just about 3 years.
-Guess who wants to "loosen lending standards" again, and "open up lending to disadvantaged people again?" Hint: It ain't W.
Dollar vs Euro: approximate dates
1-1-2000(bush takes office): 1.0131
1-1-2003(r's totally in charge): 1.0622
7-1-2008: 1.5759
total change of 35%
1-1-2009bush gone, O in): 1.3244
11-06-2009: 1.4862
total change of 11%
Last 10yrs: Low vs. High
Low: 26oct2000: .8252
High: 16jul2008: 1.5888
difference of 58%
Yeah its all Obama and the Dems fault