Maybe boeing needs to die so it can be replaced with something that does a better job.
True. Airbus has had problems in the past and they fixed them without avoiding them.
here’s some bootstraps mate, good luck!
also get fucked. what needs to be saved is the people from your utter disregard for human life.
you should use the last bit of your money to fly your CEO and entire management on one of your shitty planes and watch them fly through whatever fucking hole inevitably opens up.
You mean like a dimensional portal?
no, like a hole in the side of a plane.
Can’t wait to see another multi-billion dollar corporation get bailed out while I still don’t have health insurance, and I’m still paying off credit card debt from during the Pandemic when the government gave people a measly $2400 over two years but handed out PPP loans and forgiveness to anyone that asked.
Fuck this country makes me ashamed to be a veteran.
there’s a long, proud tradition in this country of screwing over veterans starting in 1776
Don’t believe the homeless…many homeless people are not veterans. Many were just regular citizens like you and I who worked their asses off every day but then got screwed and into the streets.
veterans are a sizeable portion of the homeless, most American service men/women come from extremely poor backgrounds, they are the workers.
there is a reason it’s called a poverty draft.
learn some solidarity.
I was being sarcastic. However you’re right. At least back in Sandy San Diego, a bunch of the homeless people I got to meet were of different backgrounds. Some were migrants, many were veterans but I would say more than 50% were people down on their luck. I used to walk by St Vicents on my way to school. Many of them were on drugs. Over the years the population changes a lot though.
being honest here, “down on their luck” is already a fucking joke. these people arn’t poor because they diden’t have enough luck, they are poor because the system they live in wants them to be poor, poverty and homelessness isn’t a symptom, it’s a feature.
Yeah, basically. You know, I don’t think there is an evil mastermind behind any of it. We just basically made up a system that causes homelessness, but because it doesn’t affect us, then we do nothing to fix it. Later on, when we are affected in old age or when we loose our home, we simply don’t have a voice to say anything about it. So we do nothing.
the funny thing about that, the rich have class consciousness, they know from rational self-interest what to do
If you have not filed for VA compensation, you need to. If you want some help with the process let me know, I don’t feel like typing out a book.
Fuck Jim Cramer by the way.
………… 🫨
If it is of national importance, then let’s nationalize it
That would make a lot of sense …until we’re reminded that USA is a kleptocracy, masquerading under a thick coating of we the people, freedom!™, liberty and justice for
alla select group of people. Then it becomes clear the obvious and only solution, is for the government to pump a couple billions into Boeing.
Privatize the profits and socialize the losses.
Fuck Boeing and Jim Cramer, especially.
Can’t believe that hack still has a show.
I’m so sick of companies pissing away all of their profit and money to make rich people richer then when the smallest problem hits it is our problem. We pay. Fuck them.
Looking at this (below) with some super sloppy math they have made in the last ten years 25 billion in profits and 5 billion in losses totally 20 billion in profits (give or take as my interest in totalling this accurately is zero). The fact that they used their money irresponsibly and didn’t say for a raining day, or it’s raining planes day, is not the tax payers that need to save them. I’m in my mid 30s, you know how many times I’ve seen extremely profitable and successful “too big to fail” businesses bailed out. Fuck the fucking fuckers and anyone who trys and correct my math.
https://www.macrotrends.net/stocks/charts/BA/boeing/gross-profit
Can’t correct that which is correct. Shine on, fam!
Just-restrained-enough fact-based rage is damn sexy
Oh yeah, I’d bang Herding Llamas. And I’m a straight guy!
Between 1998 and 2018, the plane manufacturer also manufactured a whopping $61.0 billion in stock buybacks, amounting to 81.8 percent of its profits. Add in dividends and Boeing’s shareholders received 121 percent of its profits.
Stock buybacks should be illegal or at least heavily regulated. They’re stealing money from their employees, putting their company in peril by not having cash on hand, and stunting innovation. Imagine if major companies had to put profit back into their company? Instead it’s a game to see how much you can exploit the working class, how little you can innovate and still get by (it’s easy when you have no competition), and gamble (after lobbying with minimal money) that your political plants will force the taxpayers you’re exploiting to bail you out. It’s pretty disgusting.
https://greenalphaadvisors.com/boeings-struggles-highlight-the-perils-of-stock-buybacks/
https://www.tipranks.com/stocks/ba/buybacks#google_vignette --> they’re still doing it as of March of this year.
Stock buybacks aren’t really the issue, if they didn’t exist they’d just be paying dividends with the money instead. The real issue is the reckless pursuit of maximising shareholder payouts, particularly for too big to fail corps.
While you are correct that dividends would be paid, it just wouldn’t happen on this scale or to this detriment, imo. Buybacks are used as a crutch to generate Short-term profit and lead to executives and companies focusing on short-term goals. They artificially increase EPS for executive compensation. This is all exacerbated when companies know they’re going to be bailed out by taxpayers because there are only 2 companies that make planes now, or 3 media companies setting prices together.
Hey Boeing, welcome to capitalism!
I’m not an astronaut stuck in space. I’m not too worried about it.
There was an article recently that was clearly just PR about how they’re not concerned being stuck up there because there’s so much to do and the views are amazing and so on.
Sure.
The might read this, so I am hoping they do make it safely back here. But yeah, wtf was that all about? They’re fine! They are busy and have food for 3 months and such.
I love this comments section.
For once in my life if this happens, I’ll have a slightly less cynical view of the world.
You know, I caught a few minutes of his show. my grandparents were into it, I guess. Not that they ever made money off his tips, or anything. The reality is his show was a coke fueled investment-related infomercial. Like the shamwow guy, but shorter and bald-er
(in the 90’s he gave an interview about how as a fund manager or whatever, he’d pay the press to run hit pieces, even. now he is the hit piece.)
Did they try not cutting costs to the point planes fall out of the sky?
Mmm, then they wouldn’t have had the money to buy back their shares to boost the stock price. So no, your ideas would not pass muster at a board meeting.
Oww, poor litlle boeing, not having enough money :C
Maybe they would still have some, if they didn’t pay hitmen, they probably don’t come cheap.
Let 'em die. No, fine them even more, and lock up the management.“We moved all our production to non union factories across the country and put out shittier products, now we can’t pay bills anymore!!”
