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Boeing put Wall Street first, safety second ahead of Alaska Air blowout

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Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#41

Earlier quoted context omitted.

Airplane manufacturing sounds like a natural monopoly.

What's your complaint? asteroid impacts are natural events too. I would like the government to try to avert those.

Natural monopoly is a technical term, it doesn't mean naturally occurring in the sense you're implying.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#44
post #8

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?

Traitorous does seem strong. But gross negligence that can result in hundreds of deaths per mistake? Mistakes that may not happen if share prices weren't the number one priority? Yah something heavy should happen.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#45

It has been like that for 20 years.

Even longer.

American business operates like a feudal system with lords and peasants. Management are the lords and everyone else are the expendable peasants.

Occasionally, the lords are forced to acknowledge that the peasants are just as essential as they are. Without them there is nothing and no one to "lord" over.

This is the abherrent phase that Boeing has just entered. The system will be forced to either return to normal or simply cease to exist a la GE.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#46
post #14

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.

It is not the end because it is still getting only worse.

and it gets worse right before the end as it has for multiple empires in the past and i've identified these tall tale signals:

1. devaluation of its currency and rise of ponzi finance (Ex. dutch gild decline and tulip mania).

2. declaring perpetual war on an invisible enemy like opposing ideology, terrorists, drugs, poverty, etc

There's a third signal but its too controversial to talk about here.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#48
post #31

Curious how we assign moral blame. Sure, Boeing put Wall Street first ahead of safety. But why isn't the headline "Wall Street put profits ahead of safety". Or "The electorate chooses capitalism over safety." During the oil crisis, highway speed limits were reduced to 55 mph, to ease the gas shortage. But an unexpected side effect was that about 4,000 less people died in car crashes each year. Would you be willing to…

Easy:

If this is proven to be a criminal act, even of criminal negligence, charge not only the people making decisions, the board members, but also shareholders, relative to their holdings. Including grouped stocks such as funds.

All it will take is once for this to happen and shareholders to actually think about the repercussions of “investing” in corporations that do this kind of thing.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#49
post #14

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.

Seems right except the last sentence. The American era continues, just worse.
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