Scudrunners

Nark wrote: Tue Mar 14, 2023 1:34 pm Holy poop, have times changed!

Bob Dylan was right, the times they are a changin'. Slowly but surely wages are going up for these spots, trying to lure people back to aviating. It will be a little while to scrape that barrel clean, but it is being scraped at the moment.

So does this mean in your twilight years, you have finally become a fan of capitalism? The forces of supply and demand?

:^)

j/k ... you're my favorite communist. Don't ever forget that.

I've always been a fan of capitalism, but there are sometimes when some socialism is good too. I just can't stand when folks who deride socialism happen to be huge beneficiaries of it. For example flying operations in Canada and the US have been long beneficiaries of a socialist system that provides them with a large pool of cheap pilot labour. When someone complains about there being a labour shortage, capitalism has a solution. They just happen not to like that solution.

No one likes bad news, dude!

And as Captain Kirk once observed on Moonbase Alpha in Airplane 2 in 1982:

"Irony can be pretty ironic sometimes"

I've heard good things about irony. I need more of it.

Both the Canada, and especially the US don’t have true Capitalism what they have is capitalization of the profits and socialization of the loses, the most recent example is SVC bank. The bank failed because the bank management made a series of terrible business decisions, but no matter the US taxpayer will make them whole

That's an interesting analysis of SVB but you left out a few details ... yes, they were stupid and bought
government bonds from the Biden Administration at a low interest rate. Everyone knew they were in
trouble because the market value of those bonds decreased as the interest rates went up, but Powell
didn't care - he viciously cranked up the interest rates and said Fuck You SVB, die.