Boeing (and Daschle) pay dirt

[CADsortaGUY]

Robert Novak on Jet purchase

In addition to that article you might want to realize who lobbies for Boeing None other than Linda Daschle - Yup - Mr. Tom "I'm concerned" Daschle's wife!

CkG

 

[charrison]

Originally posted by: CADkindaGUY
Robert Novak on Jet purchase

In addition to that article you might want to realize who lobbies for Boeing None other than Linda Daschle - Yup - Mr. Tom "I'm concerned" Daschle's wife!

CkG

I have mixed emotions about the military leasing aircraft, but the kc-10s needed to be replaced. The 767 refuelers can carry less gas than the kc-10s, but the 767 as 30% few parts so they should get alot more fly time out of them.

 

[Zebo]

So what the problem Daschle is supporting an american company who pays american taxes, and american workers and executives who also pay taxes and spend where the money was actaully generated.

Take a look at what Bush wants to do. Sell out

 

[LunarRay]

I suspect the workers at Boeing wouldn't care who brought the deal home if it means security for their families. This is good government spending with good multipliers. Better than fixing a statue in Bama. I think.

 

[CADsortaGUY]

Originally posted by: HJD1
I suspect the workers at Boeing wouldn't care who brought the deal home if it means security for their families. This is good government spending with good multipliers. Better than fixing a statue in Bama. I think.

Corporate welfare? Hmm...I thought Daschle was against that? Or maybe he is...unless it puts money in his bank acct

Ever wonder what it'd cost to BUY the planes? Hmmm....

But yes - the Bama statue is wasteful too

 

[LunarRay]

Originally posted by: CADkindaGUY

Originally posted by: HJD1
I suspect the workers at Boeing wouldn't care who brought the deal home if it means security for their families. This is good government spending with good multipliers. Better than fixing a statue in Bama. I think.

Corporate welfare? Hmm...I thought Daschle was against that? Or maybe he is...unless it puts money in his bank acct

Ever wonder what it'd cost to BUY the planes? Hmmm....

But yes - the Bama statue is wasteful too

Corporate welfare? Well.. would you prefer they go to the local mall and take up a collection? It would have the same effect, no? except the local mall rat would foot the bill and not all us 'Mericans.. I give the assumption they need the aircraft the benefit of the doubt.. I lease my wife's car because I can't afford to make payments on a purchase plan... made sense at the time.

 

[CADsortaGUY]

Maybe they did "need" the aircraft, but were any other companies in the biding process?(doesn't look like it )
Was leasing a better option than an outright buy? (no )
Did Boeing get the bid because of Daschle? Hmmm...

It'd be interesting to know how much the Daschle household made off this transaction....oh wait...they refuse to release their financial records. Didn't Boeing get a pretty sweet deal back in '01 too? Hmmmm....



CkG

 

[LunarRay]

I concede on all the points you mentioned. But, the fact remains the bucks are directed and they do have a high economic multiplier. Least ways it should.

 

[CaptnKirk]

The only alternative to buying from Boeing would be to buy from Airbus, the Euorepean consortium.
France, Germany, Britan, et al.

An outright purchase would be much less, and what has happened here is there is a purchase
option at the end of the lease which lets us pay the full purchase price - again - if we want to keep them.

 

[Hayabusa Rider]

I think it would be funny to see us buy things from France. Watching all the France haters shift their stance to accommodate their overriding support for Bush would be a riot.

Not only would France be the good guy then, but they would say they never meant otherwise. "Just mere social differences" or the like.

 

[Nitemare]

They should change Linda's middle name to "Conflict of interest"

How can she be a lobbyest to the airline industry and her husband remain impartial. Could you imagine if she ever became first lady(and you thought Hillary wore the pants)?

 

[CaptnKirk]

So you're not aware of Cheneys wife being on Lockheed's Board of Directors ?
She had to resign for little Dick to become Vice-President, but the door is open
for her return at the appropriate time, just like for Dick at Haliburton.

 

[308nato]

Originally posted by: CaptnKirk
So you're not aware of Cheneys wife being on Lockheed's Board of Directors ?
She had to resign for little Dick to become Vice-President, but the door is open
for her return at the appropriate time, just like for Dick at Haliburton.

Key word here being***Resigned***.

 

[Nitemare]

Originally posted by: 308nato

Originally posted by: CaptnKirk
So you're not aware of Cheneys wife being on Lockheed's Board of Directors ?
She had to resign for little Dick to become Vice-President, but the door is open
for her return at the appropriate time, just like for Dick at Haliburton.

Key word here being***Resigned***.

meaning intelligent enough to see the conflict and doing the right thing vs advocating behavior that you yourself do not even follow..*cough* Kennedy compound windmill block

 

[LunarRay]

Originally posted by: 308nato

Originally posted by: CaptnKirk
So you're not aware of Cheneys wife being on Lockheed's Board of Directors ?
She had to resign for little Dick to become Vice-President, but the door is open
for her return at the appropriate time, just like for Dick at Haliburton.

Key word here being***Resigned***.

The senate doen not run the DOD... yet... so no conflict exists... Chainey is linked in the Exec and conflict does exist. (Cheney, excuse me Mr. Vice President)

 

[Bowfinger]

Originally posted by: CADkindaGUY
Maybe they did "need" the aircraft, but were any other companies in the biding process?(doesn't look like it )
Was leasing a better option than an outright buy? (no )
Did Boeing get the bid because of Daschle? Hmmm...

It'd be interesting to know how much the Daschle household made off this transaction....oh wait...they refuse to release their financial records. Didn't Boeing get a pretty sweet deal back in '01 too? Hmmmm....

Interesting that you're trying to spin this against Democrat Daschle when:

From the article
Pressure from the speaker of the House, the president pro tem of the Senate and lawmakers from 17 states where the big defense contractor operates rolled over opposition from the Office of Management and Budget (OMB). While the ultimate decision was made by President Bush, the political balance weighed heavily for Boeing.

Sounds like Boeing had a lot of Republican firepower to me.

Having said that, I think this is a reasonable application of corporate welfare. This country has a strong national interest in maintaining a healthy aircraft production industry. There are legitimate national security considerations as well as plenty of high-paying, highly skilled manufacturing and engineering jobs. I do wish they would scrap the Enron-like lease deal and switch to a straight purchase. It would produce the same economic benefits for Boeing, save money for taxpayers, and force the Pentagon to accurately reflect the cost of this deal in its budget.

 

[Sternfan]

Originally posted by: CaptnKirk
So you're not aware of Cheneys wife being on Lockheed's Board of Directors ?
She had to resign for little Dick to become Vice-President, but the door is open
for her return at the appropriate time, just like for Dick at Haliburton.

The point is she did resign, the fact that you missed that shows your true agenda!!!!!!!!!!!!!!!!!!!!!

 

[CADsortaGUY]

Originally posted by: Bowfinger

Originally posted by: CADkindaGUY
Maybe they did "need" the aircraft, but were any other companies in the biding process?(doesn't look like it )
Was leasing a better option than an outright buy? (no )
Did Boeing get the bid because of Daschle? Hmmm...

It'd be interesting to know how much the Daschle household made off this transaction....oh wait...they refuse to release their financial records. Didn't Boeing get a pretty sweet deal back in '01 too? Hmmmm....

Interesting that you're trying to spin this against Democrat Daschle when:

From the article
Pressure from the speaker of the House, the president pro tem of the Senate and lawmakers from 17 states where the big defense contractor operates rolled over opposition from the Office of Management and Budget (OMB). While the ultimate decision was made by President Bush, the political balance weighed heavily for Boeing.

Sounds like Boeing had a lot of Republican firepower to me.

Having said that, I think this is a reasonable application of corporate welfare. This country has a strong national interest in maintaining a healthy aircraft production industry. There are legitimate national security considerations as well as plenty of high-paying, highly skilled manufacturing and engineering jobs. I do wish they would scrap the Enron-like lease deal and switch to a straight purchase. It would produce the same economic benefits for Boeing, save money for taxpayers, and force the Pentagon to accurately reflect the cost of this deal in its budget.

I can read the headlines now,

"Bush cost XXXX Boeing jobs"


It still doesn't matter what Bush did because it shouldn't have gotten that far. Did Bush allow it? Sure but see my fake headline(and I'm sure it would have read worse that that). The point is that Daschle EDIT profits from /EDIT it because his wife is a lobbyist for Boeing and they'd make a sweet buck, Boeing would be overpaid for airplanes, and the taxpayers get bend over again.

CkG

Edit- because I can't find proof to back up my statement

 

[Bowfinger]

Originally posted by: CADkindaGUY
[ ... ]
The point is that Daschle introduced it because his wife is a lobbyist for Boeing and they'd make a sweet buck, Boeing would be overpaid for airplanes, and the taxpayers get bend over again.

Are you sure about that? I just read about a dozen articles about this deal (Google is your friend-TM); not one of them mentioned Daschle. They did mention a bipartisan mix of congressmen from Washington, Kansas, and Illinois, however, including the aforementioned Speaker of the House.

In any case, I am NOT trying to bash Bush specifically, or Republicans in general. If it is a boondoggle, it is very much a bipartisan boondoggle. It's not fair or honest to imply it is Daschle's doing. As I said before, compared to the many other examples of corporate welfare coming out of D.C., I think this one has some beneficial justification.

 

[CADsortaGUY]

Originally posted by: Bowfinger

Originally posted by: CADkindaGUY
[ ... ]
The point is that Daschle introduced it because his wife is a lobbyist for Boeing and they'd make a sweet buck, Boeing would be overpaid for airplanes, and the taxpayers get bend over again.

Are you sure about that? I just read about a dozen articles about this deal (Google is your friend-TM); not one of them mentioned Daschle. They did mention a bipartisan mix of congressmen from Washington, Kansas, and Illinois, however, including the aforementioned Speaker of the House.

In any case, I am NOT trying to bash Bush specifically, or Republicans in general. If it is a boondoggle, it is very much a bipartisan boondoggle. It's not fair or honest to imply it is Daschle's doing. As I said before, compared to the many other examples of corporate welfare coming out of D.C., I think this one has some beneficial justification.

Hmm, you could be right maybe it was the '01 contract that Daschle introduced but anyways - you are correct that it takes two to spend our money foolishly. We addressed that in a different thread

The question isn't neccessarily the "need" of the new planes, but rather our over paying for them and who stands to profit directly from the sale.

CkG

 

[CADsortaGUY]

I fixed my statement Bowfinger

CkG