Airline Pilot Central Forums - Bailouts could doom the airline industry!

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Bailouts = Socialism.

Quote:

Originally Posted by rickair7777 (Post 3031994)

Here's a wakeup call...

https://en.wikipedia.org/wiki/2009_Jupiter_impact_event

This asteroid impact disturbance is the size of the Pacific Ocean. It occurred 11 years ago.

The image you're looking corresponds to an impact energy measured in Billions of tons of TNT (the largest fusion bomb ever tested was about 50 million tons). An impact like that might well end human civilization.

Damn.....I didn’t think a few hundred meters was large enough. I would have thought at least a mile or more to cause a realistic chance of mass extinction!

We are lucky all the gas giants are in the outer solar system.

Quote:

Originally Posted by Generic Pilot (Post 3032184)

Bailouts = Socialism.

Not when it’s the federal (and state) governments telling people not to travel. That blows the whole socialism argument out of the water.

That argument would have made sense in the 2008 recession, if the government bailed out airlines, but not now.

Quote:

Originally Posted by Bahamasflyer (Post 3032191)

That might have caused some extinctions, but not humans. Might have set civilization back a few hundred years though.

Objects big enough to sterilize the planet are fortunately rare, and hopefully all in known orbits.

Quote:

Originally Posted by Generic Pilot (Post 3032184)

Bailouts = Socialism for the rich.

Fixed it for you.

Quote:

Originally Posted by rickair7777 (Post 3031994)

Fake news. The earth is a flat motionless firmament disc with a dome enclosure that seals in our atmosphere. Don’t buy into what the priests at NASA are trying to sell you, use your own senses and the truth is clear.

/sarcasm

Quote:

Originally Posted by SonicFlyer (Post 3030207)

If you look at the history of the railroads, you'll understand why:

https://fee.org/articles/railroad-history-suggests-federal-bailouts-could-spell-doom-for-airlines/

Union Pacific’s route winding and inefficient? For the most part UP’s current route (the Overland route) follows the original Transcontinental route, with the exception of some parts (including where the original golden spike was located) were changed as technology and profit allowed. Both railroads and right-of-way’s are key components of the current Union Pacific system (Original Union Pacific, Missouri Pacific, Western Pacific and Southern Pacific) and BNSF (Burlington Northern Santa Fe).

If the author really wanted to make his point, he should’ve used the Northern Pacific railroad verses the Great Northern.The NorPac was built with federal subsidies while the Great Northern was built with private funds. The Northern Pacific was merged out of existence in 1970 during the Burlington Route, Great Northern and Northern Pacific merger of 1970 which produced the Burlington Northern Railroad (Which later was merged with Santa Fe, which produced the BNSF railroad). NorPac’s route was poorly engineered, and was abandoned soon after the 1970 BN merger.

Ok, nerd switch off now, ha.

Quote:

Originally Posted by Generic Pilot (Post 3032184)

Bailouts = Socialism.

No, that's not socialism.

Quote:

Originally Posted by Slaphappy (Post 3036657)

No, that's not socialism.

if giving money and opportunity to the poor is socialism... then....

Quote:

Originally Posted by Generic Pilot (Post 3038573)

if giving money and opportunity to the poor is socialism... then....

Socialism is the nationalization of industries. Like healthcare for example and it's bad.