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bocacassidy
11 Comments
Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
The cited circumstances do strongly suggest heavy- and clandestine central bank intervention in a quest to underpin the 6 trillion US dollar trove which they hold....a weak and vulnerable asset .While none of this activity will ever be proven , the dollar fundamentals have not at all improved .....and the support campaign will not be sustainable ...Gold and silver will rebound to new record highs ...not because they are especially dood ,,,,,but rather because the dollar is inherently so bad ....Only the painful reality of a sharp dollar devaluation can possibly restore order to trade balance
The USA enjoys an enormous credit line ,,,,but not unlimited ! Sep 03 09:29 PM
Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
Truthbehold may be a student of Josef Goebbels !.Well packaged fantasy will sell better than fact , if it is what the audience prefers to believe . Jul 18 08:49 AM
Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar [view article]
The "Bakken" formation (Williston basin ) ...MT & ND has been recently ballyhooed to contain 500 billion barrels of recoverable crude ...Is this by any remote stretch a fact...or rather an orchestrated propaganda ploy to."scare down" the price of oil" ?
It appears that Josef Goebbels ...or his Ghost....is alive and well ! Jul 18 08:45 AM
Slimfast Diet, Airlines Version [view article]
Airfare should be adjusted/surcharged according to the total weight of the passenger and baggage .If the fat on the asses of so many Americans were crude petroleum, the USA would be an oil exporting country ! Jul 15 12:20 AMFannie & Freddie: Myth vs. Reality [view article]
These optimistic perceptions do not allow for the fundamental illness of the dollar and the entire US economy....America and its fiat dollar are kept afloat ( for the time being) by the largesse of the global central banks that hold a growing mountain of over 7 trillion dollars...The USA has overspent itself ....and the price will be formidible ! Jul 12 04:52 AM
Airline Deregulation: Now Do It for Real [view article]
THe American traveling public has been living in a dream world of flying for far less than cost....Now..the party is over ! Jun 20 01:25 AMAirline Deregulation: Now Do It for Real [view article]
Deregulation , the vote buying darling of populist politicians has created a consumers' anarchy .The Airline industry of the USA has been reduced to an economic shambles- with billions of dollars lost to investors , tens of thousands of jobs lost , service and maintenance debased , while transporting mostly human trash for less than bus fare .
There will either be re-regulation, the emergence of an airline monopoly ...or total collapse of the industry.
Neither the banks nor the employees can be expected to subsidize dirt cheap air travel for millions of bozos who belong the Greyhound bus The traveling public is soon facing a reality check.
The irresponsible political jackasses will not be impacted ..They will continue to joyride around in private jets at taxpayer expense. Jun 20 01:17 AM
Gold is Money - And Nothing Else [view article]
The notion that gold is"volatile ' and "fluctuates" is absolutely erroneous ..It is the dollar and other fiat paper currencies that meander...but over time - decline in value. The automobile I bought 50 years ago for $1000- now costs $25,000-...But the price remains the same in ounces of gold.!....yes.... gold is money ...the only durable money that cannot be debased by derelict governments ! May 29 08:47 PMDAL/NWA: Proposed Merger So Large, Yet It's Worth Less Than Yahoo [view article]
An industry such as Google is not comparable to a sector so fuel and labor intensive as an airline company . .Only if evolving circumstances provide the airlines sufficient pricing power to sustainably meet escalating costs can there be any normalization of market value .bocacassidy@yahoo.com Apr 17 08:25 AM
Status Report: Delta - Northwest [view article]
Lest there be any doubt ...This merger will be completed ....with or without the concurrence of the pilots .....The NWA pilots will find themselves effectively on a quasi " B scale " status until the seniority is integrated either by mutual negotiation or imposed arbitration ....a temporary but signifigant irritantEveryone ...investors as well as employees ...have a great deal at stake ..The whole airline industry , along with rest of the economy is on very thin ice....
If pilot conflict were to lead towards another bankruptcy, the pilots would have more to worry over than their precise seniority .
I remain confident that common sense will prevail ...The seniority issue will be resolved .....to the dissatisfaction of nearly every pilot-
but with a future of greater prosperity and security for nearly all
I say nearly ... because some cutbacks may be inevitable .
Even the intrepid CEO Richard Anderson has no control over the global economy
I have worked for three airlines (Eastern ,Panam and Delta)..
All of them went bankrupt ..but DELTA bounced back like the phoenix from the ashes....
The NWA - DAL team will be a dynamic global giant !
bocacassidy@yahoo.com Apr 13 11:22 AM
Will Delta Agree to Northwest's Offer Without Pilot Consent? [view article]
Some excellent points have been displayed ...The bankers and creditors demand that a fully globalized airline be formed from DAL and NWA components ...If the pilots can't reach a rational agreement...The combo will be done by some other means ...eg a sale/ transfer of the additional PAC routes to Delta...or a massive furlough prior to a conventional merger (DC-9s...retired...150... pilots - gone ...etc.)The only question is precisely what will happen - and how soon....With a $ billion infusion being dangled by KLM/AF...the financiers will not accept "no' for an answer
The ALPA should cooperate quickly and reasonably , lest the pilots take a severe hammering ...The Industry is in a state of siege
There is very little latitude for union power posturing Apr 07 01:21 PM