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US Economy and the US Dollar - Page 6

post #76 of 144
1/19/05 at 6:02pm
Thread Starter 

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
We are in a quandry. Are your 'facts' correct or is the 'guardian"? Now lets examine what guarantee means. Oh yes that is when someone says they will pay if the buyer defaults. Something your creditors are probably familiar with.
By the way did you attend school with Mr. O'Leary at Trinity. Quite a lovely campus. Listen to 104.5 much? I personally like "The Fridge". Great show. Wait I thought you didn't like the modern stuff.
Imagine that. I posted this without using the word "cxxt" once. Do I need to rattle your cage anymore?
Message 74 states the situation clearly.

http://www.rte.ie/news/2002/0124/ryanair.html
You lied when you posted your disinformation.
The link above says so

As to my friendship with Michael O Leary - that's no concern of yours.

104.5 - what's that ?
Fridge - ditto ?

The only cage that has been rattled is yours.

156 miles to go, 156 miles to go, ay, aye, adio, 156 miles to go.
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post #77 of 144
1/19/05 at 6:05pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by limerickman
In case the point about various US airlines hasn't hit home : here's a few sample
links discussing the names of those US airlines which are in trouble or have folded.

http://news.bbc.co.uk/1/hi/business/3847403.stm

http://www.wsws.org/articles/2001/se...bail-s26.shtml
The mass layoffs announced already include 30,000 at Boeing, 20,000 each at United and American, 16,000 at Delta, 12,000 at Continental, 11,000 at US Airways, 10,000 at Northwest, and 2,000 at America West, with smaller job slashes at international carriers like Sabena, Korean Air Lines and Virgin Atlantic.

Other cutbacks include the closure of Midway Airlines, already in bankruptcy before the disaster, and the shutdown by US Airways of its cut-rate short-hop service, MetroJet. US Airways and America West were widely expected to file bankruptcy as early as this week if the bailout bill had not been passed.

http://hasbrouck.org/articles/bankruptcy.html

United Airlines filed for bankruptcy protection in December 2002, Hawaiian Airlines in March 2003, ATA Airlines on 27 October 2004, and Aloha Airlines on 30 December 2004. US Airways was reorganized under bankruptcy protection after 11 September 2001, and was released from bankruptcy on 31 March 2003, but filed for bankruptcy protection for the second time on 12 September 2004.


http://www.miami.com/mld/miamiherald...6623102.htm?1c

http://observer.guardian.co.uk/busin...6369%2C00.html

No wonder Boeing were in trouble - with all these US carriers going bankrupt,
there would be no carrier left to sell too.
And your pal still bases his airline off a US airline model! Want to mention BA's problems? Aer Lingus problems? Air France problems? Thought so. You forgot to call me a cxxt!
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post #78 of 144
1/19/05 at 6:11pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by limerickman
Message 74 states the situation clearly.

http://www.rte.ie/news/2002/0124/ryanair.html
You lied when you posted your disinformation.
The link above says so

As to my friendship with Michael O Leary - that's no concern of yours.

104.5 - what's that ?
Fridge - ditto ?

The only cage that has been rattled is yours.

156 miles to go, 156 miles to go, ay, aye, adio, 156 miles to go.
So I take it you didn't attend Trinity? I got my "disinformation" from the Guardian. You are well familiar with that propaganda rag. Disinformation! Is that when you tell us you're friends with certain people? I guess it makes your 'story' believable. Rattle..rattle go the bars. Don't forget to call me a cxxt next time.
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post #79 of 144
1/19/05 at 6:13pm
Thread Starter 

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
And your pal still bases his airline off a US airline model! Want to mention BA's problems? Aer Lingus problems? Air France problems? Thought so. You forgot to call me a cxxt!
Aer Lingus, you mean the €100m profit it reported for 2003 - is that a problem ?
or the €64m profit it reported in 2002 ?
Which problem do you refer to ?
http://www.rte.ie/news/2003/0305/aerlingus.html

Graner,

Stick to posting disinformation - I'll keep reading about the, ahem, successful US
aviation industry (now that's a joke).
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post #80 of 144
1/19/05 at 6:15pm
Thread Starter 

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
So I take it you didn't attend Trinity? I got my "disinformation" from the Guardian. You are well familiar with that propaganda rag. Disinformation! Is that when you tell us you're friends with certain people? I guess it makes your 'story' believable. Rattle..rattle go the bars. Don't forget to call me a cxxt next time.
156 miles to go, 156 miles to go, ay, aye, adio, 156 miles to go.
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post #81 of 144
1/19/05 at 6:21pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by limerickman
Aer Lingus, you mean the €100m profit it reported for 2003 - is that a problem ?
or the €64m profit it reported in 2002 ?
Which problem do you refer to ?
http://www.rte.ie/news/2003/0305/aerlingus.html

Graner,

Stick to posting disinformation - I'll keep reading about the, ahem, successful US
aviation industry (now that's a joke).
Right! Like the disinformation about you and O'Leary? Or did you attend Clongowes Wood with him?
Maybe you should tell your buddy he based his airline on a joke. Well you could if you knew him.
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post #82 of 144
1/19/05 at 6:28pm
Thread Starter 

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
Right! Like the disinformation about you and O'Leary? Or did you attend Clongowes Wood with him?
Maybe you should tell your buddy he based his airline on a joke. Well you could if you knew him.
I don't think his company profits are a joke - €175m in 2003.
He's laughing at that joke, all the way to the bank.
Oh and just in case you think it's disinformation - here the link, me auld chum !
http://www.smh.com.au/articles/2003/...?oneclick=true

Sorry, I forgot, it's you who posts the disinformation, isn't it ?

156 miles to go, 156 miles to go, ay, aye, adio, 156 miles to go.
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post #83 of 144
1/19/05 at 6:30pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by limerickman
Aer Lingus, you mean the €100m profit it reported for 2003 - is that a problem ?
or the €64m profit it reported in 2002 ?
Which problem do you refer to ?
http://www.rte.ie/news/2003/0305/aerlingus.html

Graner,

Stick to posting disinformation - I'll keep reading about the, ahem, successful US
aviation industry (now that's a joke).
Does it really surprise anyone that the 'state' run airline posts a profit. Maybe socialism has some benefits.
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post #84 of 144
1/19/05 at 6:37pm
Thread Starter 

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
Does it really surprise anyone that the 'state' run airline posts a profit. Maybe socialism has some benefits.
Indeed.

Except that it re-patriates all profits made !

So the 64m and the 100m are given back to the Irish State (people).

It's called success.
Isn't that something ?

156 miles to go, 156 miles to go, ay, aye, adio, 156 miles to go.
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post #85 of 144
1/19/05 at 9:40pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by Squirmy Returns
Please provide proof of this bailout! And please enlighten us how EADS is going to cover the big deficit on the A380? Oh thats right! Subsidies! Euro's love a good subsidy. Now 'bout that weight problem. Rumor has it they can't get the weight down to be able to meet the fuel economy promised. I will say that the 380 is one massive craft.
In addition, the only prospective buyers are the Asians/Indians/Emirates(?).
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post #86 of 144
1/19/05 at 10:11pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by davidmc
In addition, the only prospective buyers are the Asians/Indians.
I wouldn't put too much attitutude on American pollution issues whether they be ground based or aero pollution. Didn't you all love Concorde, now that the WTC has fell apart you have to go on cattle trucks. Hey listen I bought an original camera unit from Concorde. Bit of a shame really that the Paris disaster was caused by of an American freight plane leaving a piece on the runway. Boeing I believe.
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post #87 of 144
1/20/05 at 1:41am

Re: US Economy and the US Dollar

Quote:
Originally Posted by FredC
I wouldn't put too much attitutude on American pollution issues whether they be ground based or aero pollution. Didn't you all love Concorde, now that the WTC has fell apart you have to go on cattle trucks. Hey listen I bought an original camera unit from Concorde. Bit of a shame really that the Paris disaster was caused by of an American freight plane leaving a piece on the runway. Boeing I believe.
Nevertheless, the Concorde was an outdated idea just as the WTC was more of a(n) symbol than the "nexus" of all financial institutions. All one needs to access/xfer funds is a laptop. The Concorde was too costly especially, mind you, after the "go-go 90's" bubble burst. Japan still is mired in it to a great extent.What was the cost of passage- $2000 one way to Britain? I remember reading that the plane was vastly underbooked & would have had to have been retired anyway for various reasons (cost/age/parts/ect...) Used to depart/ arrive from Dulles Int'l- 10km from where i reside.
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post #88 of 144
1/20/05 at 3:41pm
Thread Starter 

Re: US Economy and the US Dollar

Warren Buffet on the woes of the US dollar.





Reuters : 14.20hrs 20 January 2005.

The dollar cannot avoid further declines against other major currencies unless the US trade and current account deficits improve, legendary investor and businessman Warren Buffett said.

"I think, over time, unless we have a major change in trade policies, I don't see how the dollar avoids going down," the world's second-richest individual told CNBC television.

"I don't know when it happens. I don't have any idea whether it will be this month or this year or next year, but we are force-feeding dollars on to the rest of the world at the rate of close to a couple billion dollars a day, and that's going to weigh on the dollar."

Buffett noted the record US deficit of 164.7 billion dollars in the third quarter of 2004 in the current account, which measures trade and investment flows.

Buffett, nicknamed the Oracle of Omaha for his investment acumen, has a net worth of some 41 billion dollars, second only to Microsoft chief Bill Gates, according to Forbes magazine. But he said he saw few opportunities in the near term.

"I'm having a hard time finding things to buy, if that says anything about the market," he said.

"If I find something ... tomorrow to buy, I don't give a thought as to whether the market is going up," he added. "I barrel in."
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post #89 of 144
1/20/05 at 9:10pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by davidmc
Nevertheless, the Concorde was an outdated idea just as the WTC was more of a(n) symbol than the "nexus" of all financial institutions. All one needs to access/xfer funds is a laptop. The Concorde was too costly especially, mind you, after the "go-go 90's" bubble burst. Japan still is mired in it to a great extent.What was the cost of passage- $2000 one way to Britain? I remember reading that the plane was vastly underbooked & would have had to have been retired anyway for various reasons (cost/age/parts/ect...) Used to depart/ arrive from Dulles Int'l- 10km from where i reside.
Sorry, but that is wrong. Concorde made a profit for many years on the Transatlantic flights. $2000 for CEO of global companies, thats peanuts and popcorn money. So what the hell happened to the Nexus people and their laptops after the towering inferno? That's the worst excuse I've ever heard for years. Your markets have fell apart, and have done so for years.
They can't move so fast on the Boeing freight train can they?
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post #90 of 144
1/20/05 at 9:22pm

Re: US Economy and the US Dollar

Quote:
Originally Posted by davidmc
In addition, the only prospective buyers are the Asians/Indians/Emirates(?).
Doesn't that prove the point as to sideline Merkia. Sheik Mohammed, and the ruling family of Dubai put in the first order for Emirates years ago.
Now tell me what's wrong with Asian and Indian Airlines making a commercial choice to purchase planes of their choice.
What's the next scenario? Bush says only Boeing can land in Merkia.
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