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American Airlines files for bankruptcy

Discussion in 'Current Events' started by Party Rooster, Nov 29, 2011.

  1. Party Rooster

    Party Rooster Unleash The Beast

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    Nice going unions. So now a helluva lot more people are going to lose their jobs because you couldn't work out a compromise.
     
  2. Voss's Tumor

    Voss's Tumor Banned

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    So I guess the Wright Amendment doesn't help all that much after all, huh shitdicks?

    (That might be too local... Look it up, it'll make your blood boil)
     
  3. Party Rooster

    Party Rooster Unleash The Beast

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    LOL. Never heard of that.

     
  4. Voss's Tumor

    Voss's Tumor Banned

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    It's a huge battle with Southwest now too. (Also based here).

    Basically, every time Southwest tries to expand, American sues them through the Wright Amendment. Southwest can only fly out of Love Field and now DFW, they can only do regional flights (something like no more than a state or two away), etc. It's a pretty shitty piece of pandering legislation.
     
  5. Motor Head

    Motor Head HIGHWAY TRASH REMOVAL

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    I thought the airlines were making record profits. They were the only airline that didn't have to file bankruptcy after 9/11. This looks more like a debt dump. Whoever they owe money to are about to have a very large dildo embedded in their ass.
     
  6. The Godfather

    The Godfather Spark it up for The Godfather and say!!!!!

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    No, the greedy jew CEO's are making all the record profits. They are starving the working man in order to get even more wealthy.
     
  7. SOS

    SOS ONA
    Wackbag Staff

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    Hey LIAR, you are on the air right now!
     
  8. Party Rooster

    Party Rooster Unleash The Beast

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    Sounds like a giant fuck you to the unions too.
     
  9. Ballbuster1

    Ballbuster1 In The Danger Zone...
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    Yeah, but some of them need it too. They've gotten greedy over the years

    and refuse to bend to help keep a company healthy in a shitty economy.

    I was a shop steward for years and my union reps were lazy assholes.

    All they cared about was themselves.
     
  10. lajikal

    lajikal Registered User

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    Some douche talking on cnbc said it's no biggie someone will eventually turn it around and the market has adapted to this horseshit. He's probably right who the fuck knows.
     
  11. Psychopath

    Psychopath Plata O Plomo

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    Bully for them.
     
  12. Norm Stansfield

    Norm Stansfield 私は亀が好きだ。

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    Blaming the unions is silly. The unions' scope should be narrowly focused on getting as much as they can for their members, not to run the company. Sounds like it's what they did in this case.

    The problems started when, as a society, we decided companies should be subject to a democracy, where every stakeholder should gain power over a business. We expect shareholders to consider the interests of workers ahead of their own, politicians representing "the community" to be total altruists, and unions to consider the interests of the business ahead of their workers. It's a retarded expectation, and when you legislate to try and enforce it bad things will happen.

    Without that power, given to them based on that unrealistic expectation, unions could've done the job of defending their members' interests without hurting the company. They would've been even more selfish and narrowly focused on one little goal than they are now, but with a much better outcome, because the company executives would've also been more focused on their own interests and area of expertise.
     
  13. Party Rooster

    Party Rooster Unleash The Beast

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    If it results in a net loss of jobs/benefits, then it sounds like they failed getting the most they can for their members. You think they're going to get as much as they were just offered after the bankruptcy?
     
  14. Norm Stansfield

    Norm Stansfield 私は亀が好きだ。

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    Thanks for making my point, BB. Exactly the unrealistic expectation I was talking about. Of course a labor leader will only care about labor's interests. And even if he didn't, he's a fucking labor leader. It makes no difference how much he cares about the running of a business: he doesn't know about running the business. His attempts to help run it better would not actually help.

    The reason why markets where participants pursue their own interests works is because people tend to know more about what their own interests are and how to achieve them than anyone else. In any other system, people's minds are wasted on unchosen tasks they are less qualified to handle. Like expecting a union leader to figure out what's best for an airline, and act accordingly.
     
  15. Norm Stansfield

    Norm Stansfield 私は亀が好きだ。

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    Unions are not in the business of employing people, because they don't know how to build a productive enterprise. Expecting them to understand how one works, and act accordingly, is unreasonable. Expecting the unions to "create jobs" is almost as stupid as expecting a community organizer who never held a productive job in his life to create them. Almost (because the union guys probably worked at some point, or at least it rubbed off on them a little, while watching people work).

    The only positive effect a union can have is to organize a competent workforce, standardize and control their abilities and work ethic, and then sell their services to companies, saving everyone of the hassle of dealing with individual employers/employees when looking for a job/hiring new labor. Anything else, and they're just in the way.
     
  16. Party Rooster

    Party Rooster Unleash The Beast

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    You're arguing against your own point now? Might be time to clear your cache and reboot.
     

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