tag:blogger.com,1999:blog-2761684730989137546.post4198477916229672625..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: ZH — Boeing Slashes 6,770 US Workers, Sees No Recovery In Air Travel For "Years"mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-2761684730989137546.post-77493398639318230502020-05-29T08:15:08.937-04:002020-05-29T08:15:08.937-04:00No such thing as private banks without heavy regul...No such thing as private banks without heavy regulation.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27724800853923908462020-05-29T07:13:37.483-04:002020-05-29T07:13:37.483-04:00It requires 100% private banks with 100% voluntary...It requires 100% private banks with 100% voluntary depositors - something we've NEVER had in the history of banking.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-11986461334057036712020-05-29T05:28:34.262-04:002020-05-29T05:28:34.262-04:00Solving that problem requires another policy chang...Solving that problem requires another policy change.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-58825761958995178782020-05-28T18:14:50.051-04:002020-05-28T18:14:50.051-04:00Public banks don't solve the problem of the us...Public banks don't solve the problem of the use of the public's credit but for the private gain of the most so-called "credit worthy", be they rich or politically favored; they violate equal protection under the law.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-44005534204102556262020-05-28T14:47:53.205-04:002020-05-28T14:47:53.205-04:00I'm in favor of public banks.I'm in favor of public banks.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-52180103564294043952020-05-28T08:13:02.731-04:002020-05-28T08:13:02.731-04:00The airline industry is not an essential service. ...<i>The airline industry is not an essential service.</i> Peter Pan<br /><br />Neither should the banks be. But because we have a SINGLE payment system (besides physical fiat, coins and paper bills) that MUST work through private depository institutions (aka "the banks") the banks ARE essential.<br /><br />We should change that by allowing ALL citizens (at least) to use fiat in account form via inherently risk-free debit accounts of their own at the Central Bank or Treasury and by abolishing all other privileges for private depository institutions too.<br /><br />Then deposits at private banks would be just another form of gambling/risky investing, of no great concern to the real economy.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-63457323312250620932020-05-28T08:00:26.371-04:002020-05-28T08:00:26.371-04:00As Neil Wilson might say: Stop treating businesses...<i>As Neil Wilson might say: Stop treating businesses as pets.</i> Peter Pan<br /><br />Including the banks? <br /><br />So it's socialism for the banks and "free market competition" for everyone else?<br /><br />Then how about 100% private banks with 100% voluntary depositors too, Neil?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27290765564455696852020-05-28T06:21:30.267-04:002020-05-28T06:21:30.267-04:00Airlines should be regulated and operated as utili...Airlines should be regulated and operated as utilities. Period.Mike Normanhttps://www.blogger.com/profile/15682385425253710230noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-77146076655070454062020-05-28T04:20:44.721-04:002020-05-28T04:20:44.721-04:00As Neil Wilson might say: Stop treating businesses...As Neil Wilson might say: Stop treating businesses as pets.<br /><br />The airline industry is not an essential service.<br />Leave it to the market, and let the chips fall where they may.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-83243800755555520562020-05-27T21:21:18.305-04:002020-05-27T21:21:18.305-04:00If the airports authorities were instead a PPP the...If the airports authorities were instead a PPP the airlines probably would just negotiate a modification with the PPP until a vaccine is developed...<br /><br />so then you commie morons harp on an "airline bailout!" which would be easily avoided if the airports were privately owned... the two parties would just re-negotiate terms..Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-31492770146319036412020-05-27T21:16:36.409-04:002020-05-27T21:16:36.409-04:00Probably the largest long term liability the Airli...Probably the largest long term liability the Airlines have is leases on the terminals and gates at the GOVERNMENT OWNED airports...<br /><br />They could probably just negotiate new extensions to the aircraft leases for the grounded aircraft the aircraft arent depreciating with no hours being put on them... no brainer...<br /><br />So you left wing commie dumb as rocks morons are saying "the airlines are needing a bailout!" but the liability they need the funds for would be to pay the f-ing governments their lease payments at the airports...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78056039206668153102020-05-27T14:25:06.290-04:002020-05-27T14:25:06.290-04:00When have the airlines not needed a bailout?When have the airlines not needed a bailout?Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-30157670817251937632020-05-27T13:02:14.546-04:002020-05-27T13:02:14.546-04:00In exchange for its fiat, the US should take a equ...In exchange for its fiat, the US should take a equity position at a bargain price and then distribute the stock equally to all citizens since a monetary sovereign like the US has no need for its own fiat - unlike Germany, a non-monetary sovereign does.<br /><br />There's some non-socialistic wealth re-distribution, Tom.<br /><br />What's not to like?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com