Boeing is seeking all $60 billion it requested for the aerospace industry despite saying the company didn’t need a bailout to survive. Boeing stock rose.
Source: Boeing Stock Rises As $60 BIllion Aerospace Industry Bailout Still Eyed | Investor’s Business Daily
It is difficult to overstate the key role Boeing plays in the economy and in the national defense, so I find it hard to begrudge the company its share of the Great COVID Corporate Welfare package. I will, at some point, sharpen my horns deliver some tough love to Boeing leadership for the criminal mismanagement that has plagued the company, but for now, a nod and a high-five.
And a thought.
Coming out of this pandemic, a wide swath of the population will now be accustomed to using virtual presence. People who might never have tried services like Microsoft Teams or Zoom before are now using them on a daily basis. Once you turn a tool into a habit, the habit brings an accompanying change of behavior. It is hard not to foresee companies cutting back on business travel, using the rising quality and falling cost of virtual presence as partial justification.
And let’s be honest – how many of us who engage in regular business travel will mourn? The prospect of spending long hours sealed in a pressurized aluminum tube filled with uncomfortable seats and untold germs, manned by indifferent crews and flown through increasingly turbulent skies (thank you, climate change), all dappled with the overhanging fears of terrorism cannot but fill one with unalloyed dread.
I could be wrong: air travel may not be the industrial equivalent of a 737-MAX on autopilot (sorry, I know, low blow.) But Boeing’s biggest customers must be staying awake nights wondering if they are going to run out of sky, or if they need to start changing the way they fly.
With respect to the threats posed by Iran, it is Trump who has shown surprising vision and Macron and the rest of the Europeans who seem to lack the brainpower to understand that their efforts are strengthening an enemy of the West.
Source: INSTEX: European Appeasement of Iran Threatens West | National Review
Our Jonathan misses the point: Europe’s appeasement of Iran is wrong, but it does not justify Trump turning his back on NATO. Indeed, the President’s actions eliminate the prospect of the US having any significant influence on that issue for a long time to come.
Trans-Exclusive Radical Feminists—or “Terfs,” as they style themselves—are right now sounding the alarms about transwomen (that is, women who used to be men and who in many cases still have male, um, attributes) claiming all sorts of traditionally feminist prerogatives. Unless you were born and raised as a female, the Terfs (reasonably, in my view) assert, you can’t really speak to the feminist experience.
Source: What Drag and Blackface Have in Common – Commentary
Identity politics may be divisive and may undermine democracy, but hey, they’re starting to be a lot more fun to watch!
I think Donald Trump would look outstanding in an orange jumpsuit.
The true test of the democratic (note the small “d”) process rests primarily on whether the candidates put forward are qualified for the offices they seek.
Any attempt to qualify or disqualify someone on grounds of identity or net worth undermines that process and is antithetical to democracy.
Well-intended though it might be, you don’t solve homelessness by building homes.
Homelessness is the symptom, not the cause, and we need to attack the causes with even greater vigor and resources than those with which we address the symptoms.
Trump (to media): “We’ll see what happens with North Korea.”
China (to North Korea): “We’ll see what happens with Trump.”