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…sky-high fuel prices are bad for the airlines (and hence for Boeing, and hence for the PNW economy) now, what if they stay high or go higher for the foreseeable future?
…some more smokin’-gun evidence of John McCain, erstwhile reformist, taking big bux from Airbus after helping the company get that tanker deal instead of Boeing.
…another 7 daze since I last posted. Excuses: Got none. (Except that a startup entrepreneurial venture I’d been involved with this past year seems to have gone “on hold.”)
In the nooze recently:
…a few days since we last met. But here are some recent events in the nooze:
…we remain snowless yet another day (and for the whole season?).
In other nooze:
…GOP presidential frontrunners as of this morning, and none of them are Fred Thompson. In other news:
A legendary storehouse of fabulous cheap wonders, the Boeing Surplus store in glorious Kent, is closing in December.
Boeing will still sell off stuff it no longer wants (hardware, upholstery, office furnishings, computers, power tools, obscure measuring instruments), but it’ll sell it all online. Where’s the adventure in that?
As you might expect for a place with so many engineering nerds among its regular customers, a “Save Boeing Surplus” web site is already up n’ running.
…that three years ago, the International Association of Machinists tried to buy Boeing Commercial Airplane and move the unit’s HQ back to Seattle. I can’t think of a better set of hens who could’ve run their own henhouse. Of course, someone among them would’ve had the unenviable task of choosing which others among them would get laid off…
…to talk about it, but its air-cuarter subsidiary services the CIA’s secret prison system.
…Boeing exec still based in Seattle has now been picked to try to keep Ford Motor solvent. Expect few ringing endorsements from this corner.
…to read about Boeing scandals that don’t quite make the local papers.
…of the current Wash. Post Boeing expose story: “Jeannine Prewitt knew there was a problem when the holes wouldn’t line up.” I thought they’d gotten rid of that particular problem when Harry Stonecipher quit.
…comes up with a different explanation why America’s political/corporate bosses wanted an Iraq war. Essentially, Pitt digs out the early-’70s era allegation that the US is under the thumb of a “permanent war economy,” that certain powerful interests have a lot to maintain by starting and prolonging wars, and a lot to lose with peace.
Do I believe it? Only partly. From my perspective here in Jet City, it’s easy to see many BigCorps with heavy investments in the infrastructure of making and selling military stuff. (Who’d you rather buy stock in–a Boeing heavily exposed to the commercial airline piz, or a Lockheed that sells almost exclusively to the world’s air forces and armies?)
But there are also many sectors of the US economy that can get hurt in times of long, dragged-out military misadvantures. As the Pentagon sops up huger portions of both federal spending and federal borrowing, other industries that rely directly or indirectly on civilian government support (domestic transportation, construction, education) wither.
Of course, the current DC regime isn’t a generally pro-business, pro-economic-growth group. It’s a gang of grafters responsive only to those specific interest groups that have bought and paid for it. Thus, we have a health care system that makes the pill companies rich while ignoring the needs of employers (let alone citizens). GM, if you believe some sources, pays some $200 more per US-built car than per Canadian-built car just because Canada’s got a saner health care system.