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Bombardier to sell 120 planes to NETJETS???

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Look at what non-union investment bankers and mortgage brokers did to the economy.

I can play this game too. :D

We have a friend in the mortgage banking business, and she has told us how Federal Banking regulators threatened them with JAIL TIME if they didn't write more low-income mortgages. The collapse of the economy was caused by the Federal government's increasingly aggressive implementation of the Community Reinvestment Act, which was first passed in 1977, I believe. The financial community's securitizing of mortgages was a rational response to a required government action, namely the writing of millions of bad mortgages in order to provide home ownership to people who had no business owning a home. The financial types assumed, not unreasonably, that since the government had required these mortgages to be approved, the government must be ultimately backing the mortgages. The collapse, starting with Lehman Brothers and escalating beyond, was caused by well intentioned government actions, not the market place. Is this fun or what??
 
We have a friend in the mortgage banking business, and she has told us how Federal Banking regulators threatened them with JAIL TIME if they didn't write more low-income mortgages. The collapse of the economy was caused by the Federal government's increasingly aggressive implementation of the Community Reinvestment Act, which was first passed in 1977, I believe. The financial community's securitizing of mortgages was a rational response to a required government action, namely the writing of millions of bad mortgages in order to provide home ownership to people who had no business owning a home. The financial types assumed, not unreasonably, that since the government had required these mortgages to be approved, the government must be ultimately backing the mortgages. The collapse, starting with Lehman Brothers and escalating beyond, was caused by well intentioned government actions, not the market place. Is this fun or what??

Were those government policy makers unionized?
So I guess it wasn't the unions fault. :rolleyes:
 
Look at what non-union investment bankers and mortgage brokers did to the economy.

I can play this game too. :D

Nothing personal...just picking up on the comment.

NetJet wouldn't have even been born if it wasn't for Wall Street and most of the bubble in aviation during 2004-2008 came from the housing industry geniuses. The demand for pilots came from these "low life's".

It is funny that a couple of the posters are ragging on capitalist and their kind, but how many pilots buy a/c or time on fracs that give pilots the opportunity for employment? The answer is none so every time you see a passenger that is paying your salary and the rest of the freight, you should count your blessings that they never thought the way you do. They didn't accept the status quo or want any part of a union, they wanted the ability to use their brains, compete, succeed, and enjoy the fruits of their labor.

Get off your butt and notion of entitlement and get a different job if you want to succeed because no union, or anybody else, is going to get you more than what they can buy from somebody else for less.
 
Were those government policy makers unionized?
So I guess it wasn't the unions fault. :rolleyes:


Nope, not the unions' fault! Ha! It only seems like I blame everything bad on unions, but not so! Here is an axiom to think about: almost every time you observe an economic upheaval or a disruption, the cause is some government action which caused an unintentional distortion in the marketplace. In this case, it was the desire or political leaders to allow lower income people to buy homes, forgetting that they don't live responsibly enough to make the payments. Go on youtube, you can see the hearings in which Republicans question the wisdom of this policy and Maxine Waters accuses them of racism. Pretty funny and tragic to watch.
 
Gret,

The point is the "Capitalists" are no different than us. The Capitalists don't like price competition regardless of definitions you post. They like Cartels as long as they are the ones benefiting. They like (NOT FREE MARKETS) but Government price setting as long as they benefit. Likewise Unions don't like Wage Competition, unless it is competition for higher wages.

Everything you needed to know was learned when you played Monopoly. Buy a monopoly. Build hotels on boardwalk and park place ... Then jack up the prices. Thats capitalism.

I am a Capitalist. I want a monopoly on pilot labor. If it were up to me ... no airplane would move on a commercial flight (anywhere) unless an NJASAP crew (paying union dues) were at the controls.

Likewise I know Santulli did not want to see a Fractional Flight move unless it was a Netjets flight.

Conan. What is best in Life?

To crush you enemy. To see them driven before you, and to hear the lamentation of there women.

Conan the Barbarian
Conan the Barbarian - What is best in life?


That is Capitalism.
 
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Gret,

The point is the "Capitalists" are no different than us. The Capitalists don't like price competition regardless of definitions you post. They like Cartels as long as they are the ones benefiting. They like (NOT FREE MARKETS) but Government price setting as long as they benefit. Likewise Unions don't like Wage Competition, unless it is competition for higher wages.

Everything you needed to know was learned when you played Monopoly. Buy a monopoly. Build hotels on boardwalk and park place ... Then jack up the prices. Thats capitalism.

I am a Capitalist. I want a monopoly on pilot labor. If it were up to me ... no airplane would move on a commercial flight (anywhere) unless an NJASAP crew (paying union dues) were at the controls.


Likewise I know Santulli did not want to see a Fractional Flight move unless it was a Netjets flight.


Conan the Barbarian - What is best in life?


That is Capitalism.


I disagree with your assessment of capitalism. A monopoly in a free market collapses under its own weight, which is a beneficial capitalist phenomenon. A government sanctioned monopoly goes forever and becomes more and more inefficient, an undesirable mercantilist or statist phenomenon. Capitalism doesn't care whether businesses like or dislike competition, it just provides it to the benefit of consumers and workers, automatically through billions of freely made decisions every day adjusting supply and demand and prices and wages and quantities of raw material and transportation and currency ebb and flow. All through voluntary agreements between buyer and seller and investor and producer and supplier and worker.
 
You know...gunfyter. G4dude, me and everyone else are saying the same thing, albeit (I love using that word) in a different way.

Gunfyter is the ultimate capitalist in that he wants everything, which is what a real capitalist believes in. The problem, the world can't survive if we all get everything we want.

Poor G4dude comes out with something that doesn't rhythm with union and gets his testicles almost cut off!

If a union comes in, so be it, but it won't save your butt...hard work and taking care of your clients is what works...and your employer is also a client. If they have idiots running the joint, it is simply bad luck and no union can save you from that.

In the end, if you work hard and keep your nose clean, you make above average dough, get good "treatment" from you wife (assuming you're bringing the bacon home), and get to go fishing once in awhile and maybe...buy a Corvette.
 
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You know...gunfyter. G4dude, me and everyone else are saying the same thing, albeit (I love using that word) in a different way.

Gunfyter is the ultimate capitalist in that he wants everything, which is what a real capitalist believes in. The problem, the world can't survive if we all get everything we want.

Poor G4dude comes out with something that doesn't rhythm with union and gets his testicles almost cut off!

If a union comes in, so be it, but it won't save your butt...hard work and taking care of your clients is what works...and your employer is also a client. If they have idiots running the joint, it is simply bad luck and no union can save you from that.

In the end, if you work hard and keep your nose clean, you make above average dough, get good "treatment" from you wife (assuming you're bringing the bacon home), and get to go fishing once in awhile and maybe...buy a Corvette.


Or invest in a business, one that does not require a medical certificate. I am gonna buy fixer upper houses and sell or rent them. Cheers!
 
No word on recalls. My bet is Embraer mid size and super mid. They seem to be more willing to give us the features we want.
 

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