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Boeing, once a symbol of American prestige and hegemony has fallen. Greed, hatred, delusion has poisoned the American psyche and its manifesting across all walks of life. Boeing is just one of the many examples. This is the end of the American era.
Because Boeing is so important to national security, everyone involved in leading this from the CEO to the board of directors should be treated as traitors and have all their assets seized and spend the rest of their life in a maximum security federal prison.
This is what happens when monopolies are allowed to exist. In a competitive market if the CEO gives away market share to rivals due to reckless indifference to safety and becomes a liability, they will be fired or the company gets spun off to fend for themselves. When we as a society allow a monopoly to exist, then government assumes responsibility for whatever that monopoly does with its power. Government interventi…
How is this putting wall st first when they have tanked their rep and stock price
It's this irrational and unapologetic greed that Americans like to accuse other cultures of but guilty of themselves.
Because Boeing is so important to national security, everyone involved in leading this from the CEO to the board of directors should be treated as traitors and have all their assets seized and spend the rest of their life in a maximum security federal prison.
You believe it's so traitorous to try to cut costs that it should result in life in prison for all members of the board and CEO? And why maximum security, do you believe they are going to be tunneling out with spoons?
Boeing makes military hardware that plenty of people would (literally) kill to get their hands on even just the plans for.
How is this putting wall st first when they have tanked their rep and stock price
Earlier quoted context omitted.
This is what happens when monopolies are allowed to exist. In a competitive market if the CEO gives away market share to rivals due to reckless indifference to safety and becomes a liability, they will be fired or the company gets spun off to fend for themselves. When we as a society allow a monopoly to exist, then government assumes responsibility for whatever that monopoly does with its power. Government interventi…
Airplane manufacturing sounds like a natural monopoly.
The question is if, with new tech, we might be able to undo that?
Because Boeing is so important to national security, everyone involved in leading this from the CEO to the board of directors should be treated as traitors and have all their assets seized and spend the rest of their life in a maximum security federal prison.
If it's really that important it should be government-owned, like Airbus. You can't give random people free reign and then punish them if you retroactively didn't like it.
How is this putting wall st first when they have tanked their rep and stock price
On a short term view. The problem is that keeping investors happy, it is keeping investors with a short term outlook happy. If anything more than two years is too long term to care about, then the best strategy is to take risks and hope it does not catch up with you before then.
Boeing, once a symbol of American prestige and hegemony has fallen. Greed, hatred, delusion has poisoned the American psyche and its manifesting across all walks of life. Boeing is just one of the many examples. This is the end of the American era.
The next chapter has not been written, and the current state of worsening points directly at the reality that things can indeed be better.