$5.2 Million Welfare check.........

I know this type of story doesn't play well on GLP, since this place is full of "conservatives" (roflmao)..... Well they call themselves that but they won't say anything against the corporate welfare that is bankrupting our country....

So why not.....

Wow...I want welfare..

Rothschild's run AA.
They made sure he had a big bonus - so as to get the 'cattle' into a wound up, resentful frame of mind.

This +1000

Yeah, 5.2 million dollars could soak up a lot of liquid...

exhorbitant

welcome my friends, to the show that never ends.....
step inside, step inside.

.


As any OWS-tard would tell you ...



_

AA was I think the only airline NOT to go BK and reorganize in the last decade.

Airlines do this every 10 yrs thats why they suck as a stock to own--they just bleed cash$$.

Last month AA tapped a 2-4 BILLION line of credit and the market killed the stock BUT AA said they weren't even thinking of going BK when every analyst was saying tick-tock.

If u had been watching the stock market at all this is of no surprize.

You can buy the stock for .32 cents this morning......Soon to be zero...



.

I have more conservative views than liberal and I'd like to see these scumbags hang. I don't toe the conservative like like Rush, Hannity and all the rest of the robotic talking heads. Labels are useless. For instance, I fully support choice when it comes to abortion. True conservatives won't get abortions, only liberals. How can you argue with that? The fewer we have, the better and we don't have to do anything! Just let them thin themselves out! It's win/win.

it went from 1.50 to .32 in micro sec....

[link to www.marketwatch.com]

Fwhoops! LMMFAO TOO!!!!!

Exception being banks "bailout" and some multinational corporations.

Only Profits are considered Private now with these Corporations. Loses are made public.

Conservatives or not. This kind of behaviour is criminal! I don't care which politics a person believes in (I believe in Common Sense!!!).

He should give the money back and save the company he supposedly WORKED for.

People like him are the reason this world is such a disaster. They create need which trickles down a hell of a lot faster than Reagan's "Trickle Down Economy" plan (I think he wishes that would have worked). So down here on the bottom - need increases, frustration increases, crime increases...and what do they on the Hill do? They draw up legislation to have the military detain us indefinitely while crooks like this guy go free.



PS... sorry for the terrible grammar and syntax, but I was pissed and typing quickly. I'm not going to fix it as it would take away from the intensity of my being completely pissed off by this shite that goes unpunished constantly. Why these people get a "Get Out of Jail Free" card is beyond my capacity to comprehend.

Last Edited by Khim on 11/29/2011 12:56 PM

You mean it's written into the laws that what this guy did is legal??

Are you serious, Trin??



We have laws that allow us to break laws?

WOW....thats really all i can say....5 * OP.

Last Edited by Pace Maker on 11/29/2011 01:29 PM

Question:

What 'welfare' has taken place? No public money in play with AMR, is there? Isn't it the stock holders and creditors taking the hit? It's a Ch. 11, right?

Not saying that the man at the top isn't culpable, but the American taxpayers aren't on the hook, either. It's the stockholders that should be pissed.

Also, they should have seen this coming. The financials were available, being a publicly traded firm.

Excuse me? Why is his paycheck our responsibility? The Federal govt. didn't bail out AA, so we have no skin in the game -- except whatever taxes they're allowed to write off.

Not true -- only if you're GM and Chrysler and the govt decides you're too big to fail.

How much would it take for you to run American Airlines? Deal with all this plus the pressure of the business itself. Seriously, for at least three years. What would you ask for a salary?

It would take me at least two mil.

Thinking about it... three years? Two mil a year, and a severance deal if I fail or not.

Yep, this never ending show is wearing me out I tell ya.

yes op - please explain how U.S. taxpayers are on the hook for this?

ye know, i don't really understand this. tea partiers protested and organized for what they saw as serious problems with government. ows is in the protest phase, not yet organized that i can see, and yet they are evil for doing what the tea party did? i don't understand.

i never attended a tea party rally or an occupy gathering, that doesn't mean i don't see how they have room to complain. and what they're both saying/said is the same thing i keep reading here from glper's. ye make it seem like the only complaining ye'll allow is in cyberspace. to actually get off yer ass and risk arrest or worse is satanic to folks here.

like i said at the beginning, i don't really understand.

Not true. If they dump their underfunded pension into the ppgc it will be the tax payers that foot the bill.

If they can't fund the pension, the pensioners get less as part of the BK agreement, however that plays out. The 401(k) plan is untouchable and owned by the participant.

Still, no taxpayer liability. Am I missing something?