US Airways spent $430K lobbying government in 2Q
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It's important that you know what they were lobbying. It is totally in our best interest. One thing they are lobbying is lifting the perimeter restrictions in DCA and LGA. As of right now, we can't fly non-stop to the west coast out of DCA because of the restrictions. If we could get them lifted, we could do more out of there.
If the perimeter rule gets lifted, the company makes more than that off of those flights in the first full year.
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Agreed .... what I have a problem with is pouring good money to lobbyist ..... while hard working people get laid off for lack of money ..... while passengers get short changed on service ...... because the company had to waste money on lobbyist to get the government to do the right thing????
N965VJ
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That’s the way Washington works. Microsoft didn’t bother with lobbyists much until Windows 95 came out, and the resulting anti-trust issues with IE. Next thing you know, Clinton and Gates are golfing buddies.
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Yep, sad but true ....... but it's 21 agents though, at today's pathetic wages.
28L_or_10R?
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More hard working people would probably get laid off in the future if not for these lobbyists. Lobbyists may be icky but even buzzards perform an important role in their ecosystem.
I believe in investing in the future of a company. What are USAirway future assets? And what assets are worth protecting and growing?
That is the question if you had the unions and the company’s lobbying for the same cause that would be a powerful force.
That is the question if you had the unions and the company’s lobbying for the same cause that would be a powerful force.
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Most red ink ever: $9 trillion over next decade
http://news.yahoo.com/s/ap/20090825/ap_on_...s_obama_economy
Forget about lobbing & US Airways ..... the United States, you and I are in BIG trouble .......... If we pay back 1 million dollars per day and don't borrow another penny it will take 34,000 years to pay it back .... But they say it will reach 17 trillion by 2019. This is no joking matter folks! I think we looking VERY HARD times in the eye.
http://news.yahoo.com/s/ap/20090825/ap_on_...s_obama_economy
Forget about lobbing & US Airways ..... the United States, you and I are in BIG trouble .......... If we pay back 1 million dollars per day and don't borrow another penny it will take 34,000 years to pay it back .... But they say it will reach 17 trillion by 2019. This is no joking matter folks! I think we looking VERY HARD times in the eye.
Dog Wonder
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YAWN
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Do you yawn when Warren Buffett speaks.... quote from Aug 19, 2009 "With government expenditures now running 185 percent of receipts, truly major changes in both taxes and outlays will be required. A revived economy can’t come close to bridging that sort of gap.
"Legislators will correctly perceive that either raising taxes or cutting expenditures will threaten their re-election. To avoid this fate, they can opt for high rates of inflation, which never require a recorded vote and cannot be attributed to a specific action that any elected official takes. In fact, John Maynard Keynes long ago laid out a road map for political survival amid an economic disaster of just this sort: “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.â€
If US Air survives .... we are still in trouble. Hope you're not planning to retire in this life time.
Dog Wonder
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Why retire when you love your job?
28L_or_10R?
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When inflation reaches the point where the dollar is without value, we will develop a new currency, as the Israelis did. In 1986, the Israeli government developed the New Shekel as the old shekel became valueless due to inflation. The US will develop a New Dollar and all will be well with the world...OR... we will have a currency that will be common to the US, Mexico and Canada - the Amero. We'll be fine.
Until then, this thread is way...
ff:
