Airline Pilot Central Forums - Well now, THERE’S a surprise…

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Well now, THERE’S a surprise…

https://i.ibb.co/RhyfXvX/3454-D8-B9-...9041349511.jpg

Quote:

WASHINGTON, Oct 4 (Reuters) - A trade group representing major U.S. airlines rebuffed a request by 70 U.S. lawmakers to voluntarily extend a expired prohibition on stock buybacks that was a condition of U.S. government COVID-19 payroll assistance.
Reporting by David Shepardson; Editing by David Gregorio

Their obvious greed should be met with none other that proper pay for all labor. They obviously don’t know who decides to let labor groups strike. It’d be nice to see a pilot group get through the whole RLA monkey dance and get to the congressional intervention part and when management asks them to block the strike they get a middle finger instead.

Capitalism in action. We shouldn’t try to stop capitalists from acting in their self interest. If we are mad about this, we can just outcompete with a better product or service

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Originally Posted by OOfff (Post 3507319)

Capitalism in action. We shouldn’t try to stop capitalists from acting in their self interest. If we are mad about this, we can just outcompete with a better product or service

Respectfully disagree. It’s a conflict of interests. They boost the stock price to line their pockets with tax free bonus shenanigans. This comes at the cost of having to perform some metric every quarter to appease Wall Street. These folks are hired to manage the company which includes the people that work for it. To me it reeks of pump and dump. They don’t GAS about 5 years from now.

In Europe there are laws where ceos can only make a certain percentage of their employees average wages. I guess in essence I’m opposed to the Wall Street version. It is slowly stripping away middle class America.

Squeeze the customer for as much as you can get. Stop squeezing your employees when you are making Billions a year ffs

To be clear I’m not really talking about us per say, We make alot of money. But joe ramper is out there busting his ass yet they are paid **** and management wonders why they can’t keep nyc staffed. It’s a wage war and the poor are losing imho

The current version of capitalism has made the “human” into a “unit”. I think that’s sh1ty

Quote:

Originally Posted by OOfff (Post 3507319)

Capitalism in action. We shouldn’t try to stop capitalists from acting in their self interest. If we are mad about this, we can just outcompete with a better product or service

Capitalism is terrible, all you have to do is reference an Envoy sim instructor's pay stub. He paid more in taxes than you took home this month. Confused yet? Corrections happen quicker in what kind of economy, that’s the answer you should be seeking.

Quote:

Originally Posted by OOfff (Post 3507319)

Capitalism in action. We shouldn’t try to stop capitalists from acting in their self interest. If we are mad about this, we can just outcompete with a better product or service

Not sure if sarcasm or stupidity.

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Originally Posted by 4dalulz (Post 3507432)

Not sure if sarcasm or stupidity.

100% stupidity.

Hopefully they remember this next time the airlines need a bailout.

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Originally Posted by Red Forman (Post 3507501)

100% stupidity.

Nice civil response. It’s funny how internet tough guys always fail to understand that they look like childish fools when they say things that would never be said face to face without consequences.

Quote:

Originally Posted by Hubcapped (Post 3507425)

cliffs: you want to regulate businesses from doing with their money what they please instead of letting capitalism work. If these decisions are so bad for business, others will outcompete them in the market.