Bankruptcy
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From: Battle Creek Michigan
Bankruptcy
Northwest Airlines files for bankruptcy protection under Chapter 11
The nation's third-largest airline, Delta Air Lines, files for Chapter 11 bankruptcy protection.
WHY CAN CORPORATIONS STILL FILE AND INDIVIDUALS CANNOT?
guess who's tax dollars will pay for this game.
The nation's third-largest airline, Delta Air Lines, files for Chapter 11 bankruptcy protection.
WHY CAN CORPORATIONS STILL FILE AND INDIVIDUALS CANNOT?
guess who's tax dollars will pay for this game.
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From: Port Deposit, MD
Because they'll blame it on the evil Union who wouldn't let them dump on the workers while the exec.'s get fat bonuses?
They are wise to it now, they have seen concessions not help out and big whigs come out smelling like a rose.
Now we can all sit back and say "they did it to themselves"?
The airlines have been in trouble since 9/11, blaming it on the organized workers is just offensive.
They are wise to it now, they have seen concessions not help out and big whigs come out smelling like a rose.
Now we can all sit back and say "they did it to themselves"?
The airlines have been in trouble since 9/11, blaming it on the organized workers is just offensive.
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From: Battle Creek Michigan
Originally Posted by Deezle98
Because the new laws dont take affect till like oct 17th.
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Originally Posted by Lary Ellis (Top)
If I had a nickle for every dollar I owe......I could hire an Attorney and go Bankrupt 
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From: Smithfield, VA
Airlines, the bus lines, then trains and truckers. Next will be the farmers and cab drivers. When is someone in government going to show some cahoonas and demand lower fuel costs? Can the government file bankruptcy? It might as well for dy 
sfunctional reasoning.
sfunctional reasoning.
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I don't even think that 9/11 is what killed the airlines. The complete idiocy of the airlines being unable to compete is what killed the airlines. "Bail-outs" are just against free trade no matter what way I look at it. Actually, I don't think that bankruptcy's should be allowed anyways, but since I admit that I don't know enough about economics as I would need to in order to accurately say anything else, I won't do so. :P
Anyways, I firmly believe that the "bail-out" of the airlines is one of the worse things that Congress has done since social security. And as a precedent it's probably worse.
Hmm... Maybe it wouldn't be that bad of an idea for the US to file bankruptcy.
At least if nobody would lend us any money it would gurantee that we wouldn't have such a large national debt!
Anyways, I firmly believe that the "bail-out" of the airlines is one of the worse things that Congress has done since social security. And as a precedent it's probably worse.
Originally Posted by Boatnik
Airlines, the bus lines, then trains and truckers. Next will be the farmers and cab drivers. When is someone in government going to show some cahoonas and demand lower fuel costs? Can the government file bankruptcy? It might as well for dy sfunctional reasoning.
sfunctional reasoning.At least if nobody would lend us any money it would gurantee that we wouldn't have such a large national debt!
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