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-   -   Details on Delta TA (https://www.airlinepilotforums.com/delta/88532-details-delta-ta.html)

Bounty Man 06-13-2015 07:06 PM


Originally Posted by SayAlt (Post 1904489)
Who says there is going to be a reset of the dollar??

Citibank Economist Argues for Abolishing Cash

Many credible analyst. It's a no brainer. I will post info when I get done with trip.

forgot to bid 06-13-2015 07:06 PM

One other thing about eliminating the OE provisions. These FOs are going to bid to larger categories to make up the money and time off lost. We've got guys on the 717B that are half way up the seniority list in the company, on the 717. The 88, 320, 73N, 7ER, all have pilots that will immediately head off to larger WBs or maybe Captain spots.

forgot to bid 06-13-2015 07:08 PM


Originally Posted by Bounty Man (Post 1904492)
Many credible analyst. It's a no brainer. I will post info when I get done with trip.

If we go higher guaranteed rates and no PS and the economy crashes as you say, all that is gone. We could go 3333 and that would be gone. We're going to give up the money if this economy crashes.

Carl Spackler 06-13-2015 07:09 PM


Originally Posted by Bounty Man (Post 1904479)
Wait for correction and reset of dollar. Gold and silver (physical) is best bet. Or short market like I'm doing.

I know this won't go over well, but no matter what facts you think you have, the odds of your prediction of the market's direction is exactly 50/50. I don't care who you are, it's 50/50.

There's the famous story of the guy who shorted collateralized debt obligations in 2007 because he was sure the housing market would collapse. He was right and made 2 billion. He then shorted bonds because he was sure rates couldn't go lower since they were near zero. He was wrong and lost 2.1 billion.

Even though you may be right, the market can be irrational longer than you can keep funding your short position. In all things, moderation.

Carl

Bounty Man 06-13-2015 07:12 PM


Originally Posted by forgot to bid (Post 1904494)
If we go higher guaranteed rates and no PS and the economy crashes as you say, all that is gone. We could go 3333 and that would be gone. We're going to give up the money if this economy crashes.

Why do say it's gone ? Are you going to give back like 2004/2005 cause the company can hide money and show doom and gloom ? Chit, I believe the BK was well planned knowing that the merger was going to go down. Isn't that what happened? They stole your pension.

Bounty Man 06-13-2015 07:14 PM


Originally Posted by Carl Spackler (Post 1904495)
I know this won't go over well, but no matter what facts you think you have, the odds of your prediction of the market's direction is exactly 50/50. I don't care who you are, it's 50/50.

There's the famous story of the guy who shorted collateralized debt obligations in 2007 because he was sure the housing market would collapse. He was right and made 2 billion. He then shorted bonds because he was sure rates couldn't go lower since they were near zero. He was wrong and lost 2.1 billion.

Even though you may be right, the market can be irrational longer than you can keep funding your short position. In all things, moderation.

Carl

OK Carl, were were you in March of 2009? Believing the doom and gloom wouldn't happen. It was predicted by more than 80%. Go look at the Billionaires positions at that time. They knew. Right on target. This is very predictable.

forgot to bid 06-13-2015 07:15 PM


Originally Posted by Bounty Man (Post 1904497)
Why do say it's gone ? Are you going to give back like 2004/2005 cause the company can hide money and show doom and gloom ? Chit, I believe the BK was well planned knowing that the merger was going to go down. Isn't that what happened? They stole your pension.

We are debating a concessionary contract with minimal pay increases in a time where the company nets $1B possibly $2B per quarter - and my thought is that it is going to pass.

Save the company is a pretty convincing slogan they can run on if the economy crashes as you say, because heck, it's working now. But I'm sorry, guaranteed pay will evaporate too.

TED74 06-13-2015 07:18 PM


Originally Posted by Bounty Man (Post 1904497)
Why do say it's gone ? Are you going to give back like 2004/2005 cause the company can hide money and show doom and gloom ? Chit, I believe the BK was well planned knowing that the merger was going to go down. Isn't that what happened? They stole your pension.

For a brief (very brief) moment, I actually started to wonder if we should offer to insert verbiage into this TA about a psych eval requirement...

Bounty Man 06-13-2015 07:18 PM


Originally Posted by forgot to bid (Post 1904499)
We are debating a concessionary contract with minimal pay increases in a time where the company nets $1B possibly $2B per quarter - and my thought is that it is going to pass.

If the economy crashes, they'll ask for money back, it will be approved.

Save the company is a pretty convincing slogan they can run on if the economy crashes as you say, because heck, it's working now.

Sad, very sad. Remember our 50% giveback takes 100% to get back to breakeven. Yet inflation keeps on going up.

Carl Spackler 06-13-2015 07:18 PM


Originally Posted by forgot to bid (Post 1904488)
And Iraqi Dinar.

Yes...YES!!!


http://www.welovetheiraqiinformation...7-minister.jpg


Carl


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