Blaming the FAA for laissez-faire, free market, gold based conservatism
- From: "alt.politics.bush" <thomasw540@xxxxxxxxxxx>
- Date: Sun, 6 Apr 2008 04:29:07 -0700 (PDT)
5 April 2008
The FAA is another example of the worker being blamed for a failure
of command. The maintenance shortfall in all the airlines is a direct
result of the drain on working capital from executive compensation.
This is not the FAA's fault. It is useful to connect the dots between
the so-called "too-cozy" relationship between the FAA and the
industry, what happened to PATCO and Grover Norquit's success at
installing Phil Gramm's economic scheme. Reagan's union busting began
at the moment of PATCO and the ultimate victim of this social
engineering is the airline passenger and the airline stockholders.
Because of Grover Norquist's success at diverting public capital to
the Roy Hunt wing of the GOP through tax subsidies, the FAA doesn't
have the assets to fulfill their mandate under the full faith and
credit clause of the constitution. With the exception of FedEx, DHL
and UPS, the commercial airlines are being run on the same business
model as Frank Lorenzo at Eastern and the Wall Street analysts are
complicit in this systematic looting of each entity for the benefit of
the executive compensation packages. This is where the hedge funds
helped create the illusion of financial invulnerability in the minds
of the executive classes of the Fortune 500, by shifting risk FORWARD
unto the operating elements of the air transport system. The point of
capitalism is to mitigate risk by shifting risk unto capital resources
in favor of human factors. The principles of conservatism posits the
complete opposite. The FAA as it currently is configured is a direct
result of the same ideological bilge contained in the conceits of the
Project for the New American Century. The FAA is The Reality created
by The Idea of conservatism with The Shadow illuminated.
Sabatini may have been a wonderful cop, but he has done for
commercial aviation what Brownie did for New Orleans. Or, at least,
he is the last in a long line of FAA political appointees dabbling in
cosmic processes without a clue. Back when Hugh Kelliher was the
golden boy of aviation that the CEO of Jet Blue has become, I gave Dr.
Laura d'Andrea Tyson the operating paradigm of deregulation as
proposed by Jim Dow and other FAA professionals beginning with the
747's ability to hook itself into a robotic air traffic control
milieu. FedEx basically describes the business and operating model,
with a marketing and operational scheme based on Zip Codes. Southwest
Airlines was not the anticipated business model of de-regulation was
my point to Dr. Tyson, but when the dominant paradigm is conservatism,
it is impossible to see it and the dominant paradigm of the Clinton
Administration was the Democrat version of conservatism.
Along these lines, the central character in Bonfire of the Vanities
anticipates this guy Schwartzman, the former CEO of the late Bear
Stearns. I like Tom Wolfe, but I couldn't bear to read the finish
because that kind of fall from grace hits a bit too close to home. I
think about Burt Lancaster in "The Swimmer". I couldn't bear to read
more than 30 pages of Cold Mountain because I could not bear another
veteran's sad homecoming: it hits a bit too close to home. But the
fact that Schwartzman can't seem to understand his own culpability in
his fall reflects perfectly the earnest sincerity of all the airline
CEO's sucking capital out of their operations as salary, who can't
understand why they are out of cash and need to go belly up, like ATA
and Aloha Air and Eastern.
The FAA is another example of what conservatism has been doing to
America for 25 years.
And that's the truth.
.
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