Tag: Boeing

SENDING $44 BILLION OF YOUR TAX DOLLARS TO BOEING, RAYTHEON AND THE CIA

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Boeing Layoffs Could Be Harbinger of Dark Days Ahead

From Birch Gold Group

layoffs

Due to fears of COVID-19 and the lengthy stay-at-home orders, the commercial airline industry has taken a major hit. Airlines have started asking for bailouts, similar to what big financial companies did in 2008.

Back in April, U.S. News reported on some of the carnage at the airlines:

The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation Security Administration screened 94,931 people on Wednesday, a drop of 96% from a year ago and the second straight day under 100,000.

If that weren’t bad enough, now aerospace giant Boeing is feeling the sting due to the lack of commercial travel, and discussion about the potential restructuring of their entire operation appears to have begun.

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Cancel It: Trump Says Boeing’s Air Force One Contract is Out of Control

Guest Post by Justin Holcomb
Cancel It: Trump Says Boeing's Air Force One Contract is Out of Control

According to President-elect Donald Trump, Boeing is “doing a number” on the American people by raising the cost of construction on the new Air Force One aircraft to over $4 billion.

Before entering his office on Tuesday morning, he took a question from the press about canceling the order.

“The plane is totally out of control. It’s going to be over 4 billion dollars for the Air Force One program.  I think it’s ridiculous. I think Boeing is doing a little bit of a number.  We want Boeing to make a lot of money, but not that much money,” he said.

“Boeing is building a brand new 747 Air Force One for future presidents but costs are out of control, more than $4 billion. Cancel order!” he tweeted this morning of the presidential aircraft.