overtaxed42long

Why Is U.S. Transportation a Losing Investment?

Most articles here are opinion based and have facts to support their views. So the opinions cited can be thought of as news. Here's some more facts about the airline industry and in my opinion more reasons why they will always show a loss.
1. When airlines report sales numbers and their related losses, the empty seats on a flight are calculated at the highest fare price that particular seat had. We all know the seat prices change drastically from one day to the next. When reporting the numbers, those empty seats get a much higher loss value than if those seats were occupied and recording a sale. Ie. the empty seat shows a loss of $400 and the same seat sold shows a sales revenue of $275. That right there generates large operating losses to continue the airlines fleecing of American taxpayers every year since Braniff first got bailed out. This is the reason why every single passenger carrier, except one that I know of(Southwest), shows a loss every year. Now tell me how a company can show losses yoy and still remain not only competitive but in business? Eventually you go out of business, it just takes longer with the backing of our corrupt politicians and all their paying lobbyists and research firms etc.
2. Whoever wrote that the big companies have to maintain their pension funds fells asleep back in the eighties when every other company out there changed owners and eliminated those ridiculous costs. I don't care how big and how much a company is perceived as being needed, they have to think about keeping the company alive without the help of subsidies. As soon as subsidies become regular that is when they start to whine and cry about going out of business every single year. Ie. Railroads, airlines, auto industry, oil industry. All get subsidies and all are going out of business every year they have a pullback in their industry. All have always seemed to pull through too. In the end it is all about who's accountants can wrangle the numbers to satisfy the IRS and stay in business at the same time. The IRS needs to be erradicated and replaced with nothing more than a national sales tax. No more corporate tax that only ends up being paid by the consumers. fNo more hidden taxes all along the routes of a "things" manufacturing process, to its final spot on the shelf waiting to be purchased and then of course taxed again at that point and if a car or house to be taxed yoy for its entire existence.
The point I'm making is the fact that government has become too greedy and takes without production too much too much too much too much. America wanted change with Obama, too bad you didn't realize he meant change from your pocket to his.
And for those of you who actually believe these bailouts are loans? Ha ha ha ha ha. I cite AIG for just one of many examples. AIG will probably go out of business or become owned by the gov't.(what a joke) and of course as a gov't owned entity they will be "loaned" money every year in order to stay afloat. Have the same proper and transparent operating priciples and accounting as FNM and FRE. Yep it's just a loan alright.


On Dec 18 02:01 PM Miken wrote:

> There isn't a single piece of news in this article. Same stuff we've
> all read a thousand times. And with all due respect, I'm not interested
> in this young man's opinion about anything.