That will be terrific. It will help everyone approach this upcoming Section 6 with an accurate historical record. Did they say when that's coming out?

Carl

 

Damn you...





Carl

 

Welcome to the debate, shiz. Apparently you too believe that us pilots owe a legal duty to Delta to act solely in Delta's interest???? I can reach no other conclusion since your only "rebuttal" to the info I provided was that I needed to "lighten up."

You need to wake up. And that's a fact Jack.

 

Extra style points awarded for responding by a quote from the same movie!

Carl

 

No further action using the back door

 

I backdoored some As last night and they all showed as 2013.

 

Does anything get processed over the weekend? Seems Saturday we sometimes see results but never on Sundays.

 

First, I doubt the Delta MEC or virtually anyone else at Delta (excluding RA and his officers) or on this board truly understands inflation. Specifically, where it comes from and why it is always present. So other than sticking a sharp stick in ones eye sufficient to force one to bone up on inflation, providing a chart showing the dilution of real spending power is a waste of time. It is not like being aware of it somehow provides the hidden leverage to ever get lost purchasing power back. That is why it is called inflation. By definition, purchasing power is stolen from you and you don't get it back. If we were to stay in front of inflation, there would be no inflation. Get it?

Some will say the above is a defeatist attitude. Not really. Your future earnings are subject to inflation, not necessarily your past earnings. Whether your retained past earnings, in the form of savings, is subject to and doomed to suffer the effects of inflation are totally up to you and whether you are smart enough to manage them properly. I admit no defeat there. But, to believe that somehow I will ever see lost earnings plus inflation is a fantasy that deserves no further discussion by serious thinkers such as me.

As far as concessions, everyone I know understands fully what was sacrificed willingly (overwhelming majority that did not include me BTW) outside of bankruptcy, then later during bankruptcy.

The MEC did a good job of showing us where we were, what happened and when. They are not equipped to deliver a lesson in economics, nor is the pilot group willing to submit to such a lesson. A shame really because most are able.

Soon we will get a comprehensive description of where we are now relative to our peers. I thank them for this information. I will handle it from here and will determine real value that I require in a future contract. My expectations will result from that analysis, done by me and not the MEC. I am an expert in that department where they aren't and shouldn't be.

 

BTW,

Inflation is an exponential function. A good primer on exponential functions and their implications is given by Chris Martenson in the Crash Course.

The Crash Course | Peak Prosperity

The key element to understand is time. Without considering it, you are blind to exponential effects. Most humans do not naturally think in exponential terms, so it takes effort. However, once you become comfortable thinking exponentially it becomes a simple task.

Try it.

 

Wow.... soccer is really boring. That is all.

Germany is good at passing, though.