Well…the fallout has started from the idiot in chief’s violating the Iran nuclear agreement by putting new sanctions on Iran…and the ink isn’t even dried on that piece of stupidity when Iran announced that it is cancelling almost 40 billion, yep, that’s BILLION, dollar order for planes from Boeing….and, according to the president of Boeing, it is going to destroy over 100,000 jobs that were needed to make those planes….How’s all that winning going trump voters? China is laughing all the way to the bank with that one since they are now the frontrunners to sell their new airliners to Iran to replace them. That’s not the only effect of this moronic move, on the Russian news shows this morning they are gleefully cheering on the US for violating the agreement since oil prices are soaring and that means billions of dollars more in their coffers…and higher gas prices here…up almost 20 cents a gallon this morning with more to follow. the rest of the signatories to the agreement have stated that no matter what the US does, they are staying with the agreement, leaving the US to do sanctions on their own which will never work. Stupidity, stupidity, stupidity….impeach….
Tag Archives: Boeing
Not sure again…
Well…have been sitting here and I could say I have been wracking my brain to come up with a topic, but that’s not true…have been getting hooked on bobsled, skeleton, and luge since they started to show it on one of my channels…pretty cool….one thing I did want to talk about is the idiot governors who are falling all over themselves to try to buy jobs from Boeing since the company screwed it’s workers in Washington and decided to build the next plane anywhere but there. These governors are doing the same thing that Tennessee did for Kia a few years back when they built them a factory to the tune of over $500 million dollars and gave to to them for free…along with tax incentives that will allow them to not pay any taxes…ever! Now, the governors of many states are upping the ante with Boeing…with incentives that will measure in the billions of dollars and make sure that each job will cost over $500 thousand dollars. I am just so tired of profitable companies being allowed or even encouraged to play the states off against each other to transfer taxpayer wealth to their owners….especially since one of the sweeteners is always to hold wages down by a non-union workforce…what I don’t understand is why Boeing would want to do that again…when many of the problems with the Dreamliner launch have been traced back to the low pay, low skilled labor that they used at the plants that made the sub assemblies….just another incidence of the blindness that comes from seeking lower cost labor as the silver bullet to profitability…and not innovation..geez…