How Northwest took over Delta

[767/757]

It is President Obama to you scumbag. Show some respect to the will of the American people.

agreed, in the end, respect is shown to the office and or rank and not necessarily the man/woman.

 

[General Lee]

Actually, this financial mess started under the Clinton Administration for making housing loans feasible for those who shouldn't own homes...

Don't be worried by the General, folks. He's really just a 13 year old kid with a big, big heart for Delta and the Dukes of Hazard. Y'all should look at some of his posts on how SONG was going to put the lights out of Jetblue, or how the international flying was going to reap DAL millions-- well, a Bankruptcy and Merger later, things are looking up again for the Big Delta. I wish you the very best of luck.

So, General, time to go to bed, you've got school tomorrow!

Thanks Dad for clearing that up. I do have a question though. Why were you kissing Uncle Frank last night? And later you were holding hands and licking your chops. And what is up with your giggles? Mom always said you were crazy!

And wow, Jetblue sure is doing great too. Thanks for starting JFK and BOS to LAX. You guys sure do know how to pick routes that have no competition on them. Don't worry, if the routes don't work out, you can and will sell more A320s to pay for it. And, we all know you have experience at LAX anyway--we all watched it on CNN! (Great job, BTW)

Goodnight Dad and Frank.


Bye Bye--General Lee

 

[crj567]

No, it goes back further to the failure of Reaganomics. This mess started when banks stopped doing mortgages. It has more to do with packaging toxic paper as a tradeable fund with a high beta then with giving loans to people that were unable to afford the said load. If there was no market for subprime loans, the loans would not have been made.

You keep right on believing that stuff-time will prove what a fool you have been... Maybe you should open a real newspaper once or twice a year.

What caused this mess was the manipulation of the natural market by Barney Frank and Chris Dodd as well as jerks like ACORN. If you do a little research, you may find that the only reason banks ever wrote these crappy mortgages was because of the heavy-handed Federal laws passed to appease slobbering Barney and ACORN.

Essentially, the banks were terrorized into writing more of these things-when that didn't have the desired effect, Freddie and Fannie actually repackaged all the mortgages and bought many of them from the banks outright. The banks became middlemen, and the assets held by Freddie and Fannie were crap from the very beginning-thanks again-Barney, you slobbering monkey!

-This garbage is called "social engineering." This kind of stuff NEVER works in the long run. The markets have a way of reaching an equilibrium, and that is what is happening right now.

-Reaganomics works very well (it managed to pull the country out of an even deeper recession than what we have now-thanks to Jimmy Carter.) People who run profitable businesses will hire more workers and more wealth will be spread all over when they do.

Obama's economic policies are doomed. A sixth-grader could design a better way to rescue the economy than Mr. Obama could ever devise. (BTW-Speedbird-check a paper once in a blue moon-Mr. Bush was referred to the same way throughout his presidency.) At least I do have the decency to avoid pointing out the fact that Obama is a freaking Marxist every time I refer to him.

-Oh, one more thing, Speedbird..... When you refer to me as an "idoit" and cannot even spell the word correctly-it is not me who winds up looking like the "idiot."

 

[crj567]

Thanks Dad for clearing that up. I do have a question though. Why were you kissing Uncle Frank last night? And later you were holding hands and licking your chops. And what is up with your giggles? Mom always said you were crazy!

And wow, Jetblue sure is doing great too. Thanks for starting JFK and BOS to LAX. You guys sure do know how to pick routes that have no competition on them. Don't worry, if the routes don't work out, you can and will sell more A320s to pay for it. And, we all know you have experience at LAX anyway--we all watched it on CNN! (Great job, BTW)

Goodnight Dad and Frank.


Bye Bye--General Lee

-I watched your "BK" experience on CNN, Gen...... I am sure we will be seeing more of that after SWA gets thru with your sorry butt.

-Maybe you could fight them with "Song." That famous and all-powerful "airline within an airline."

-Oh, sorry-Gen..... Didn't mean to smack you across the face with yet another example of a failed business strategy from your "inspired management."

-I have a feeling tht the latest INTL expansion will make the bloodletting previous to (and since) the BK look like a paper cut....
-Then those funny-lookng 737s will start coming in to mop up your mess....

-Oh well, I hear Chuck-E-Cheese has an opening for a rat with talent-maybe you could weasel out the competition...

(Word to the wise, Gen-you can still wear your cool "sub-commander getup under the rat suit if you like, but invest in a good cup-those kids know right where to kick the rat.)

 

[Scope out RJ's]

-I watched your "BK" experience on CNN, Gen...... I am sure we will be seeing more of that after SWA gets thru with your sorry butt.

Judging by your posts, I bet you wish you could get done wit his butt!:blush:

-Maybe you could fight them with "Song." That famous and all-powerful "airline within an airline."

Sorry that f/a career didn't work out for you

-Oh, sorry-Gen..... Didn't mean to smack you across the face with yet another example of a failed business strategy from your "inspired management."

Yet the strategy of a failed rj pilot is so much better?:laugh:

-I have a feeling tht the latest INTL expansion will make the bloodletting previous to (and since) the BK look like a paper cut....

Don't worry, there'll always be work for lav service technicians (as you like to be referred as)

-Then those funny-lookng 737s will start coming in to mop up your mess....

At least you've got mommy and daddy to mop up yours.

-Oh well, I hear Chuck-E-Cheese has an opening for a rat with talent-maybe you could weasel out the competition...

I'm sure you'd know that since you spend a lot of your days there looking for dates!

(Word to the wise, Gen-you can still wear your cool "sub-commander getup under the rat suit if you like, but invest in a good cup-those kids know right where to kick the rat.)

You know that for a fact huh? Must be tough when they're fighting and kicking to get away from you most of the time. Do they stop kicking when they're older? :laugh:
Seek help immediately!

 

[clippyrip]

You keep right on believing that stuff-time will prove what a fool you have been... Maybe you should open a real newspaper once or twice a year.

What caused this mess was the manipulation of the natural market by Barney Frank and Chris Dodd as well as jerks like ACORN. If you do a little research, you may find that the only reason banks ever wrote these crappy mortgages was because of the heavy-handed Federal laws passed to appease slobbering Barney and ACORN.

Essentially, the banks were terrorized into writing more of these things-when that didn't have the desired effect, Freddie and Fannie actually repackaged all the mortgages and bought many of them from the banks outright. The banks became middlemen, and the assets held by Freddie and Fannie were crap from the very beginning-thanks again-Barney, you slobbering monkey!

-This garbage is called "social engineering." This kind of stuff NEVER works in the long run. The markets have a way of reaching an equilibrium, and that is what is happening right now.

-Reaganomics works very well (it managed to pull the country out of an even deeper recession than what we have now-thanks to Jimmy Carter.) People who run profitable businesses will hire more workers and more wealth will be spread all over when they do.

Obama's economic policies are doomed. A sixth-grader could design a better way to rescue the economy than Mr. Obama could ever devise. (BTW-Speedbird-check a paper once in a blue moon-Mr. Bush was referred to the same way throughout his presidency.) At least I do have the decency to avoid pointing out the fact that Obama is a freaking Marxist every time I refer to him.

You should probably leave the thinking to other people.

 

[Scope out RJ's]

You should probably leave the thinking to other people.

LMAO!
I just took you off ignore list!

 

[ACL65PILOT]

We can agree with him now. He is on our side.

 

[crj567]

You should probably leave the thinking to other people.

Time will tell who is right. It will be very clear in another year or two....

I wish there were some chance Obama's economic foolishness would work, but it simply will not.

-It's gonna get really bad-you would sell your soul for a little "Reaganomics" by the time we get through this crap.

 

[767/757]

You keep right on believing that stuff-time will prove what a fool you have been... Maybe you should open a real newspaper once or twice a year.

Such a childish retort. I choose to use more in depth research materials than newspapers.

What caused this mess was the manipulation of the natural market by Barney Frank and Chris Dodd as well as jerks like ACORN. If you do a little research, you may find that the only reason banks ever wrote these crappy mortgages was because of the heavy-handed Federal laws passed to appease slobbering Barney and ACORN.

I see that you rely on FOX for your sound bits - the issues we are facing now can find its roots in the Reagan years. Smaller banks began to divest themselves of their mortgage units in the 80's. Some larger financial institutions saw a chance to earn and bought up and combined these spun businesses. Other smaller "mortgage warehouse" companies sprung up. The last 8 years has seen the sharpest raise in these toxic papers (sub prime mortgages). Those who traded these papers pushed hard to get more.

Essentially, the banks were terrorized into writing more of these things-when that didn't have the desired effect, Freddie and Fannie actually repackaged all the mortgages and bought many of them from the banks outright. The banks became middlemen, and the assets held by Freddie and Fannie were crap from the very beginning-thanks again-Barney, you slobbering monkey!

The word you are looking for is "incentive." The Bush administration allowed industry insiders to run the departments where they had conflicts of interest. Mortgage Wholesalers grew.

-This garbage is called "social engineering." This kind of stuff NEVER works in the long run. The markets have a way of reaching an equilibrium, and that is what is happening right now.

-Reaganomics works very well (it managed to pull the country out of an even deeper recession than what we have now-thanks to Jimmy Carter.) People who run profitable businesses will hire more workers and more wealth will be spread all over when they do.

Funny, the economy sank into a recession after Reagan left office and only pulled out after the two following 2 Presidents raised taxes. The problem Economists have with "supply-side" and "trickle-down" is that the money did not, in fact, trickle down.

Obama's economic policies are doomed. A sixth-grader could design a better way to rescue the economy than Mr. Obama could ever devise. (BTW-Speedbird-check a paper once in a blue moon-Mr. Bush was referred to the same way throughout his presidency.) At least I do have the decency to avoid pointing out the fact that Obama is a freaking Marxist every time I refer to him.

This is unknown - time will tell but we will need more than 45 days to determine if his policies will succeed. For the sake of the Country, we need his plan to succeed.

-Oh, one more thing, Speedbird..... When you refer to me as an "idoit" and cannot even spell the word correctly-it is not me who winds up looking like the "idiot."

For your consideration.....

 

[En Mort Main]

If you believe the way to solve a federal deficit is to double it within two months with 800+ billion dollar "stimulus" bill, followed by a 500+ billion mortage rescue bill, followed by an additional 500+ rescue for the banks then you must not understand economics at all.
If you believe the best way to run the treasury secretary post is to put an admitted tax cheat in charge of it.....you might be correct. But what kind of precedence does it set. And how many cabinet members has Obama explored that have failed to pay taxes? Guess taxes are only for the "evil" rich not for democrats.

But for the sake of the Nation I hope Obama is successful and will hold off on declaring success or failure for a greater time frame to see what fruits are yielded from his actions.

Just from my perspective it is hard to believe someone when they talk about fiscsal responsibility and then double the deficit in two months then hold a summit on fical responsibility that his own secretary doesn't even stay awake for.

And the housing situation can not be pinned on Reagans watch either it goes back to Carters neighborhood reinvestment acts that Clinton strengthened inorder to force banks into giving what they knew were bad mortages. But don't let that get in the way of your partician bickering.

I hope and pray Obama is successful just a little skeptical of some of the agendas. I don't want to see any more suffering in this country.

En Mort Main

 

[crj567]

What about soem of this commie's campaign promises?


*No Earmarks- Just signed a bill with @9,000 FREAKING EARMARKS!!!!

*Most Transparent Administration- What about Joe Biden giving a speech to the AFL-CIO right now that was not televised, broadcast, and even newspaper reporters are kept out of?

And we are only a little more than a month into his dishonest rule!

-Obama is nothing but a big bag of hot air. He only has one issue and that is "class warfare." As long as Obama keeps on hitting that stupidity and continues making these completely ignorant moves, the Republicans chances in 2010 will just keep getting better and better.

-Can't wait to see that dish-earred clown become the first african-american lame-duck.

 

[clippyrip]

What does all this have to do with NWA and Delta? This thread is hijacked.

 

[General Lee]

What about soem of this commie's campaign promises?


*No Earmarks- Just signed a bill with @9,000 FREAKING EARMARKS!!!!

*Most Transparent Administration- What about Joe Biden giving a speech to the AFL-CIO right now that was not televised, broadcast, and even newspaper reporters are kept out of?

And we are only a little more than a month into his dishonest rule!

-Obama is nothing but a big bag of hot air. He only has one issue and that is "class warfare." As long as Obama keeps on hitting that stupidity and continues making these completely ignorant moves, the Republicans chances in 2010 will just keep getting better and better.

-Can't wait to see that dish-earred clown become the first african-american lame-duck.

The Fry "chef" at McDonalds speaks!! Well, did you know that there are 1/2 the earmarks in this budget than the last one Bush had? 1/2. I call that CHANGE for the better. You guys obviously are a little hazy about the carwreck your Republicans put us in over the last 8 years, and now are complaining about the size of the tow truck needed to pull it out of the ditch. Sorry, you lost the election, so deal with it, and get me a large fry not a small one.


Bye Bye--General Lee

 

[FBN0223]

What about soem of this commie's campaign promises?


*No Earmarks- Just signed a bill with @9,000 FREAKING EARMARKS!!!!

*Most Transparent Administration- What about Joe Biden giving a speech to the AFL-CIO right now that was not televised, broadcast, and even newspaper reporters are kept out of?

And we are only a little more than a month into his dishonest rule!

-Obama is nothing but a big bag of hot air. He only has one issue and that is "class warfare." As long as Obama keeps on hitting that stupidity and continues making these completely ignorant moves, the Republicans chances in 2010 will just keep getting better and better.

-Can't wait to see that dish-earred clown become the first african-american lame-duck.

Your entire post to me, "You can fool some people some of the time, but you can fool 22% of the people ALL of the time."

Incidentally, W's approval rating was around 22% as he left office.

 

[crj567]

The earmarks were in the "stimulus" package, not the budget. The man didn't even make an effort to control these earmarks-and we will all pay for this disaster.

This guy is just a big of a scumbag as all the rest of them.

-I've got your fries right here, Gen.... I took the liberty of including a little "special sauce."

-It truly is wonderful working for a company that knows how to make a profit-maybe you should find one of those to employ you, Gen.

 

[RedRum]

Don't forget to add your pay raise. Better bases and you still have a frozen pension.

I'm so tired of people like you.

Pay raise you said? Open up the contract and tell me how much of a pay raise I actually got. Management must laugh when they sit down at the table with a bunch of inexperienced pilot negotiators. They gave us the "great" pay and then took away a lot of the good benefits we had here at NWA.

Frozen pension? What frozen pension are you talking about? I was hired in 2000 and will get NOTHING!
There are close to 1500 fNWA pilots that do not receive one dime of frozen pension.

I hear a lot of rhetoric about how you Delta guys are pissed off at your retirees for taking the money and running. Why is this? They were exercising their contractual rights that YOU voted on and ratified. Don't sit here and tell me you aren't grateful for the bump in seniority you received when all those guys retired. What was the alternative? Would you have rather dealt with it the way NWA did? (The DB guys actually stayed with their frozen plan and junior pilots don't move up the list and got NOTHING but a DC plan?) I am grateful for the DC plan by the way,but it certainly isn't what I expected when I signed on. Too bad for me. I have moved along.

It's really funny how some people think these days. I hope I never have the pleasure of running in to you on the line. You are arrogant and uninformed.

 

[General Lee]

The earmarks were in the "stimulus" package, not the budget. The man didn't even make an effort to control these earmarks-and we will all pay for this disaster.

This guy is just a big of a scumbag as all the rest of them.

-I've got your fries right here, Gen.... I took the liberty of including a little "special sauce."

-It truly is wonderful working for a company that knows how to make a profit-maybe you should find one of those to employ you, Gen.

The budget for the year had 1/2 the earmarks compared to Bush's last one. That is a fact jack. Change is here. And, your manager has been informed about your special sauce deal. He will assign you more bathroom cleanings next. Don't chew the gum left in the urinals please. Also, our execs still say we will have a profitable 09. We'll see Mr. Fry man.


Bye Bye--General Lee

 

[castle bravo]

from TheStreet.com 03/04/09

"By contrast, Northwest has long been considered the most aggressive of airlines, known for sometimes confrontational labor relations and for a fierce response to competitive intrusions. In the late 1990s, when AirTran(AAI Quote - Cramer on AAI - Stock Picks) started to expand at its Atlanta hub, Delta seemed to look the other way, allowing AirTran to flourish. It is widely felt that Northwest would have used the weapons a hub airline possesses, such as scheduling, pricing, amenities and frequent flier loyalties to crush AirTran in its infancy."



If this is truly the case, then why the seemingly passive tolerance of Spirit in DTW? Sun Country in MSP? Where was the big hammer?

 

[castle bravo]

Actually, this financial mess started under the Clinton Administration for making housing loans feasible for those who shouldn't own homes...

And added more fuel to the fire by signing away the Glass/Stegall act.......