good analogy, milky!

i've said time and time again, i don't know if there's a "bubble" - my point is that it doesn't matter! just as pilots are free to speculate on future earnings when they leverage themselves heavily to get ratings, people ought to be free to leverage their funds in markets - be that housing, stocks, bonds or oil.

allowing increased foreign ownership of domestic carrier would allow an immediate capital infusion to many carriers to ride out tough times (and lean out for the good times). it would save a heck of a lot of jobs.