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Are US Airline Bailouts Next? China is Already Bailing Out Two of Their National Airlines
Bailing out private enterprise with government dollars is risky business indeed, worse, what do you do when you bailout the corporations in your country, but their foreign competitors in other nations do not? Sounds pretty unfair, now then, consider this; what do you do when a foreign nation subsidizes their companies and the US does not, rather allows the corporation to compete on such an unfair playing field? You cannot bail out all the corporations in America, and you certainly do not wish to nationalize entire industries while the taxpayers foot the bill.
Cargo Containers Piling Up World Wide Again – Dilemma Or Opportunity?The United States is in a recession and working through a heck of a problem, but amazingly enough, things are as they always are as recessions go. Unfortunately, the banking crisis is the shot heard round the world and it’s not too pretty around the globe.