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Old 06-27-2012 | 09:48 AM
  #104163  
DLpilot
Gets Weekends Off
 
Joined: Mar 2008
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Originally Posted by Waves
I probably would be “there” except for my dire outlook on the economy and world events. I just watched a video saying there is a chance that a barrel of oil may go to $220 in 2012. I'm not convinced of that per se, but what effect do you suppose that would have regarding our negotiating leverage? The next jobs report is supposed to be bleak again. Housing crisis is far from over. 15 global banks just got downgraded. Millions of Americans out of work. Unemployment still at 8.2%. Stockton, CA just declared BK. National debt approaching $16T and expected to be over $30T by the end of the decade. Iran getting the bomb. Greece failing. Spain failing. Italy failing. Euro going down if not away completely. US borrowing from China 40 cents on every US dollar it squanders. Blah, Blah, Blah. Yeah I know, it’s a broken record, but IMHO these events are not only unprecedented, they cannot be ignored. To do so is foolish and reckless. The company is finally making money after a decade of bleeding red ink. You can let your own chips ride, but I would rather take my chips and go home. For now anyway. Sorry about the added 76 seaters. Your welcome for the 88 717’s.
They have been replaying that oil video for that past 4 years. They have no idea what it will do. Incidentally, if oil was to go that high then this TA will not save us either. Not getting a raise would be the last of my concern at that point.