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Forums » FCC Boss Leaks Approval of Sirius/XM Merger » How big will the kick back be to the GOP.
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EPS

join:2008-02-13
Hingham, MA

Re: How big will the kick back be to the GOP.

That's true- the only companies allowed to lose money year after year for extended periods of time are the major airlines, and even they have to go bankrupt now and then.
permalink · 2008-06-16 10:17:17 · Reply to this

wwdubbia

join:2002-06-03
Clinton, NY

Re: How big will the kick back be to the GOP.

said by EPS See Profile :

That's true- the only companies allowed to lose money year after year for extended periods of time are the major airlines, and even they have to go bankrupt now and then.
Don't forget General Motors.
permalink · 2008-06-16 11:04:40 · Reply to this

Dogfather
Premium
join:2007-12-26
Laguna Hills, CA		 They get occasional gov't bailouts too.
permalink · 2008-06-16 18:53:14 · Reply to this

Maggs
Premium
join:2002-11-29
Woodside, NY
·RCN CABLE

 The airlines are responsible for WORLD commerce, if they go bankrupt our economy either slumps or collapses. That's why most governments heavily subsidize airlines. Buying a 747 costs $16 million, imagine buying 60 planes.
--
NIL ILLEGITIMUS CARBORUNDUM!
permalink · 2008-06-16 20:59:08 · Reply to this

Dogfather
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2 edits

Re: How big will the kick back be to the GOP.

No they aren't responsible for world commerce. Only a tiny fraction of commerce is flown. The vast majority is done by ship and rail, especially with current fuel prices.

The reason the airlines do so poorly is because they keep getting bailed out. Other businesses are allowed to fail and better managed companies (eg Southwest) grow to fill the void.

And US airlines get subsidies because they have a powerful lobby, just like farming corporations, not because they're so pivotal to commerce.
permalink · 2008-06-16 21:50:29 · Reply to this
Forums » FCC Boss Leaks Approval of Sirius/XM Merger« (((xm)))  

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