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Airlines Take Legal Action To Stop $3.4 Billion In Loan Guarantees To Air India
The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, filed suit against the Export-Import Bank of the United States (Ex-Im Bank) to halt a pending deal for $3.4 billion in loan guarantees for aircraft financing to Air India, saying that it fails to meet statutory requirements, including (avstop.com) Más...Sort type: [Top] [Newest]
LOL, All our debt problems and everything else and Liberals want to send money to a foreign to help another airline when our airlines have plenty of problems to begin with... Come on Washington. Fix the problems at home first.
I can't disagree with Wayne but need to point out that like pissing money into phony "green energy" companies like Solyndra or the Kennedy scam, there is a prospect of getting the asset back for non-payment. It will still have significant residual value.
We do get some of the rest of the value back through personal income tax plus the advantage of non-payment of unemployment costs, medicaid etc. The downside is that the unions then are able to launder tax money back to the Democrats.
We do get some of the rest of the value back through personal income tax plus the advantage of non-payment of unemployment costs, medicaid etc. The downside is that the unions then are able to launder tax money back to the Democrats.
Hi John! The GOP propaganda machine really needs you know more than ever.
Not a GOP issue, but a right to work as in South Carolina and twenty other states without being shaken down to contribute even when you and your fellow workers vote against it. We get to watch our factories move to China, Mexico and even Canada which shares many of our silly labor laws and then be told we are "lazy" by our president.
GOP have no balls either...except Brewer, Palin, Bachmann...might be a pattern there. (With apologies to Allen West and John Bolton).
GOP have no balls either...except Brewer, Palin, Bachmann...might be a pattern there. (With apologies to Allen West and John Bolton).
Now John, Michelle don't have noe.LOL
Well, if they are going to loan overseas, a requirement should be buy U.S., on shore manufacturing; the same program should be available to domestic Airlines, and they need to take a strong look at ability to repay. It is high time we started looking out for ourselves again and not every 3rd world country that comes along. That is what made us strong in the first place. We are going to have to be selfish awhile and tell this bunch of jealous ner do wells to kiss off!!!!IMHO