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12.17.2003
Whoosh! dustbury.com: The plane truth So Boeing is going to build their latest monster plane in Washington. I can't say that I'm surprised. I thought that their ploy to hold of announcement of the assembly location was nothing more than a way to milk more money out of Washington. Here's what they got for their shenanigans: The only remaining problem? They don't have any initial launch orders yet, and U.S. carriers hard hit by post Sept. 11 downturn in airline travel are not lining up for new planes. But you see, Boeing doesn't have to worry about that, because if worse comes to worse they can always rely on their friends in Washington D.C. to dig up some special money for "jobs". Much like the tanker lease scandal that has dropped off the radar. USATODAY.com - How a hometown jobs plan led to big-time scandal: "After Sept. 11, 2001, Boeing Co.'s friends in Congress devised an unprecedented scheme to pull the aircraft manufacturer out of a financial nose dive. To offset a major loss of commercial sales, the Air Force would lease 100 aerial refueling tankers built by Boeing to replace an aging U.S. fleet. The cost to taxpayers: $26 billion to $37 billion, according to varying government estimates." Taxpayer money gets used to get the planes built and then taxpayer money gets used to buy the planes on the other end? So tell me, how is this not socialism? Oh yeah.. because the profits go to wealthy people. Boeing's stock went up. And how is this not a form of state subsidies that would be illegal under the WTO? Are we not creating an unfair advantage for US airline makers over foreign airline makers? | |
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