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The Early News on Obama's Aviation Picks - Scary Mary returns to power?

~~~^~~~

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The Early News on Obama's DOT & FAA picks

[FONT=Tahoma, Ariel, Lucida]Boyd's HotFlash ....[/FONT]

http://www.aviationplanning.com/asrc1.htm

He writes that former Clinton appointees are coming back, notably Frederica Pena and Jane Garvey. Also, he points out the default position for our President Elect is "how'd Bill run this place?"

IMHO some of Bill's Administration worked pretty well, but then again you have the failings that resulted in 9/11.

(edited to avoid a repost of copyrighted material)
 
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GogglesPisano

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My God, he needs take some drugs for those metaphor attacks!
 

Lear70

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The inaccuracies in that article are just mind-blowing.

I voted for McCain (as did most of TN), so understand, I'm not an Obama supporter, and those possible appointments DO concern me, but that guy obviously has an axe to grind, as several of his statements are made in ignorance, if not just outright falsehood.

Not impressed.
 

twepilot

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why not? He's got the rest of the Clintonistas under review or selected already.

RV
 

~~~^~~~

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If the US takes a terrorist attack again, most likely it is going to come into our nation through a gateway controlled by a DOT Administrator. It might be a truck inspection, or a container ship, or God forbid, another attack against our fellow crewmembers.

These are important jobs.
 
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~~~^~~~

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Lear - People rise to the position when called by their President.
 
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maru657

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On the other hand, Lizzie Dole who gave us flight crews going through security with passengers and random drug and alcohol is out of a job.
 

Lear70

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No fins, you're right, I was being trite, just as a way to inject a little humor in an otherwise humorless situation.

I agree, it seems the old regime is coming home to roost, but was anyone really expecting anything different? Other than more taxes for people in the 80k+ income range?
 

SMOE

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Perhaps that was the price for the Bill and Hill team rooting for the Messiah. Hillary might have gotten into the office afterall...
 

Dan Roman

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[FONT=Tahoma, Ariel, Lucida]Boyd's HotFlash ....[/FONT]

http://www.aviationplanning.com/asrc1.htm

He writes that former Clinton appointees are coming back, notably Frederica Pena and Jane Garvey. Also, he points out the default position for our President Elect is "how'd Bill run this place?"

IMHO some of Bill's Administration worked pretty well, but then again you have the failings that resulted in 9/11.

(edited to avoid a repost of copyrighted material)

Am I missing something? I assume you are refering to Mary Schiavo, perhaps the worst example of a public servant this country has seen in a long time, and yet the article mentions Pena coming back. I don't get the connection and it appears to me IF Pena came back, Mary Schiavo would be the last person to be offered a position.
 

Lear70

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80K+, what have you been drinking?

Try 350k+.....
Do you own property you plan on selling?

Do you own a small business on the side?

Some of us do... Do your research of what he really plans and how he's going to pay for it. There's a REASON every bank in the country is scrambling to offload their foreclosed property.

My best friend is a tax attorney. Her clients are scrambling to make MAJOR changes to their portfolios, put investments in to S-corps, etc, etc, because of what the incoming administration is proposing. She's not an alarmist type of person, but she's telling me to be worried - she's never done that before.

I hope he's not successful in all his bullsh*t programs he wants. You can kiss a lot of American jobs goodbye if he is. Reinstating a lot of retreads into his cabinet will do nothing but help push those programs through Congress and the Senate. Those people are old-school, have a lot of people they've allied with, and things are going to change...

I just don't think you're going to like the fallout.
 

~~~^~~~

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Lear:

Sage advice. Our United States is taking a big course change, much of it under the Republicans' administration. Political party differences aside, the decisions being made by our Nation's leadership are scary.

Do you think there is some reason other than the obvious reason why banks are offloading non-performing assets?

I'd really like to find a little offshore haven. The one I thought was going to work out has the same issues the US has. I guess this works:

http://www.capstrategies.com/equitystripping/Tax Advantages Plan-FLLC-1.pdf

Also looking at offshore annuities and insurance policies.
 
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~~~^~~~

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I don't get the connection and it appears to me IF Pena came back, Mary Schiavo would be the last person to be offered a position.
Dan, you correctly nailed me. I tried to go back and edit the name and it would not let me.
 

Bavarian Chef

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Do you own property you plan on selling?

Do you own a small business on the side?

Some of us do... Do your research of what he really plans and how he's going to pay for it. There's a REASON every bank in the country is scrambling to offload their foreclosed property.

My best friend is a tax attorney. Her clients are scrambling to make MAJOR changes to their portfolios, put investments in to S-corps, etc, etc, because of what the incoming administration is proposing. She's not an alarmist type of person, but she's telling me to be worried - she's never done that before.

I hope he's not successful in all his bullsh*t programs he wants. You can kiss a lot of American jobs goodbye if he is. Reinstating a lot of retreads into his cabinet will do nothing but help push those programs through Congress and the Senate. Those people are old-school, have a lot of people they've allied with, and things are going to change...

I just don't think you're going to like the fallout.

Yeah!

Good thing we live in a country where the banks, mortgage and insurance companies, not to mention the automotive industry aren't nationalized under the veil of democracy, er I mean socialism.

Don't blame Obama for campaign "promises" that haven't even been enacted yet. The current Administration seems to be doing fine on its own redistributing taxpayer money.

Besides all this hype, rhetoric and speculation, what is the goal of every first term president?

To be a second term president.
 

Lear70

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Fin, give me a few minutes to clear my PM box out.

The banks have, to date, held on to nicer properties that foreclose, waiting to put them on the market when the housing market starts to rise again. I've been to many a foreclosure auction on the courthouse steps and the property never hits the MLS pages again. They just lie empty...

They're changing that policy, and the belief is they're doing it because of the capital gains tax changes and large corporation tax changes that Obama has tagged to fund his health care plans, etc.

Either way, it's somewhat odd. My aunt owns a real estate company. Within the last 2 business days (Friday and today) she has seen dozens of nice properties hit the market in Nashville at $50,000-70,000 under their appraised value and/or amount they sold for just 3-5 years ago. That's a 20-30% hit for some homes, and it's going to kill the people who are close to foreclosure and were discounting their homes to the payoff amount, $20,000 or so under market, thinking they'd be quick sales.

I put an offer on one of those properties today. The down-side: capital gains taxes if Obama is successful in raising that rate in 2-3 years when I go to sell it and cash in on the equity (assuming a housing market recovery by then).

We shall see...
 

Benhuntn

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"change" what "change"? Paul Volker brought us 28% inflation and 10% uemployment and now he is touted as a possible Sec. Tres. Change is going to be what I have left when I pay my taxes.
 
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