Boeing Bailout

E-mail to Congress:

EIN News says, "Boeing, Airbus at Risk of Cuts After Defying Slowdown. The world's two biggest planemakers may have to cut production of their narrow-body models by as much as 30% by 2011, according to a Bloomberg survey of 15 aerospace analysts and consultants. (bloomberg.com)".

The Obama Administration may consider this an opportunity to save jobs at Boeing by a bailout. If they do, there will be surplus production of narrow-body models or production workers will be resting while they draw their pay. Either scenario is undesirable.

The Obama Administration has previously suckered Congress into supporting its bailouts, which will lead to eventual complete government control of industry and commerce. Please don't fall for it again. Boeing is responding to market forces, which it should. Reduction in employees may be required for continued sound fiscal company operations. The unemployed can receive government subsistence payments, while government is also arranging for tax reduction and elimination of restrictions which would lead to an "ease of doing business". Subsequent investment in new projects or expansion of old projects by private industry will then reemploy the recently unemployed.

I also suggest that you ignore any activity the EU may take in regard to Airbus. They will likely take a socialistic approach of some sort, which will indirectly weaken the EU and in combination with many other similar socialistic actions will doom the EU to destruction.