Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
evilgenius wrote:That anger may actually rise up to the level where folks question embedded order within society.
asg70 wrote:evilgenius wrote:That anger may actually rise up to the level where folks question embedded order within society.
That's kind of how we got Trump, though. A lot of the conspiracy theories are coming from Trump's base but instead of implicating Trump himself they've made Bill Gates and the WHO a scapegoat.
Really, we're no smarter today than in the past. When times get tough people always seek out scapegoats rather than to accept the notion that what goes up must one day must come down.
REAL Green wrote:asg70 wrote:evilgenius wrote:That anger may actually rise up to the level where folks question embedded order within society.
That's kind of how we got Trump, though. A lot of the conspiracy theories are coming from Trump's base but instead of implicating Trump himself they've made Bill Gates and the WHO a scapegoat.
Really, we're no smarter today than in the past. When times get tough people always seek out scapegoats rather than to accept the notion that what goes up must one day must come down.
You got Trump becuase you gave us Hillary. Trump should never of happened. Conspiracies are on both sides as the Flynn case now exposes all to see. Binary finger pointing will destroy society and this is from both sides. When failure is not owned, we all fail.
C8 wrote:Congress will bail out the airlines in the name of national security (I really wish there was a special sarcasm font for those last two words)
gollum wrote:C8 wrote:Congress will bail out the airlines in the name of national security (I really wish there was a special sarcasm font for those last two words)
They might try but unless they're willing to actually take ownership and massively subsidize them they'll never be able to even come close to breaking even. It would have to be dammed near free to fly before a lot of people will get on an airliner again. Maybe, just maybe, they could refocus primarily on moving cargo and carry passengers as a sideline and survive.
I bet Buffet had actionable intelligence the Government is not going to bail airlines out in a way an investor like Buffet would profit from so he bailed out
rockdoc123 wrote:I bet Buffet had actionable intelligence the Government is not going to bail airlines out in a way an investor like Buffet would profit from so he bailed out
well no. What he did was realize the sector was going to be dead for awhile and there was other places he might be able to put his money.
gollum wrote:They might try but unless they're willing to actually take ownership and massively subsidize them they'll never be able to even come close to breaking even. It would have to be dammed near free to fly before a lot of people will get on an airliner again. Maybe, just maybe, they could refocus primarily on moving cargo and carry passengers as a sideline and survive.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Newfie wrote:Dumping airlines is a no brainer.
Same with cruise ships, maybe more so.
Some things are just obvious.
It’s a small market but I think there will be a glut of catamarans on the market to cheap. There are various charter companies who sell an investor a yacht and agree to put in charter for some years. The owner gets a few weeks on the boat and in the meantime the charter fees pay the mortgage, dockage and maintenance.
Now those owners have a mortgage, dock fees, maintenance fees, insurance, and no off setting charter income for who knows how long. If the islands can get their stuff together to allow unfettered flights before the next season it won’t be too bad. But if they can’t, then a lot of owners will need to get out.
There will be a lot of pressure to resume flights, but then there is a lot of pressure to stop the virus. Interesting times.
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