With Donald Trump regaining the White House becoming a real possibility, no doubt legions of Americans who despise the former president will soon be declaring again their plans to relocate to Canada. Many Canadians, particularly millennials, will gladly switch places with them.
Boeing’s decline is the collective result of greedy executives, compromised regulators, a somnolent media, and some of the best politicians money could buy. What fueled the decline was a 1970 essay by economist Milton Friedman published in the New York Times.
Such is the sorry state of American journalism that so far only one publication has refused to rely on Boeing and FAA PR statements in reporting about what led to the recent near catastrophic Alaska Airlines disaster at 16,000 feet.
The media is deceiving the public into believing the FAA ensures the safety of commercial airline travel. In fact, the agency bears considerable responsibility for the recent near catastrophic Alaska Airlines accident.
The recent Alaska Airlines near disaster when a chunk of a 737 MAX fuselage became dislodged at 16,000 ft. was decades in the making. One must be awfully naïve to believe that Boeing CEO Dave Calhoun and the FAA have the determination and resolve to turn around what was once America’s most celebrated company.
It was never a question as to whether a Boeing 737 MAX 9 would have a disastrous calamity but rather when. So repeatedly warned an employee at the supplier plant that manufactures the fuselages for the aircraft, according to a lawsuit filed last year.
The warnings earned the employee a temporary demotion.
It’s a wonder how anyone can have confidence in the U.S. government and the leadership of major corporations and universities these days. The institutions that Americans long have trusted and took pride in are fast declining.
The appointment of Harvard President Claudine Gay and the university’s disgraceful mismanagement of allegations that she repeatedly plagiarized the works of other scholars makes a lot more sense when one understands the controversial business and political background of Penny Pritzker, who is ultimately responsible for the unfolding debacle.
If Ford CEO Jim Farley’s movements seem labored these days, it’s because he’s reeling from a potentially devastating blow GM CEO Mary Barra has dealt to his EV aspirations.
UAW’s labor unrest has morphed into a political movement reminiscent of the Black Lives Matter protests in the summer of 2020. Ford Motor Co, which is closely aligned with the Biden Administration, has already taken a knee.