Old 10-25-2012 | 09:38 AM
  #6  
gloopy
Gets Weekends Off
Liked
25M+ Airline Miles
Line Holder
Gets Weekends Off
 
Joined: Jul 2010
Posts: 12,823
Likes: 168
From: window seat
Default

Originally Posted by vagabond
What stock(s) though? Boeing is "soaring" off the ponzi scheme fantasy order books of the "Heros of Farnborough" press release addicts. They are connected enough to keep the lobbing pressure up so the US subsidizes every one of those AC at insane levels, while Airbus does the same, so no one benefits other than foreign carriers. They know they have no place to put that fantasy growth unless they start to get huge wins on cabotage foreign ownership.

Boeing is on the sugar rush high right now that will depend on the gutting of US aviation jobs just like US maritime jobs in order for that one politically embedded company to continue thriving at that level. There is little doubt they are also lobbying hard that we can't ever cut military spending (or even freeze it) or else we are all doomed, our babies won't be safe, Hitler will rise again or whatever other nonsense sells on any given day.

Its great to root for the home team, but rest assured that home team is doing everything they can to root and bet against you at every turn.
Reply