Delta

As you know Delta Airlines is close to bankruptcy. Their income is less than their outgo. They are running out of money. In order to stay in business they must either take in a lot more cash or cut expenses. In today's economy they cannot raise their fares as they will sell even fewer tickets because competition is fierce.

If you can't take in more money the only alternative is to cut internal expenses. The first to go are the non-operating employees - the little guys on the ground have the smallest paychecks and are now doing the jobs of those who were laid off. That leaves us with the aircraft mechanics and pilots.

Of course the plane is not going to go anywhere without them, but these are the highest paid people in the company beside the executives. The bosses have said to the pilot's union either take a pay cut or we go out of business and you have no job at all. The unions know you can't get blood out of a turnip.

What has all this got to do with investing? I won't buy Delta stock now as I don't know if they will be in business next year. No, but I want you to keep this in mind as we look at the budget of the United States. Uncle Sugar is now spending way more than he is taking in in taxes. The politicians want to increase the payout for Medicare and protect (?) Social Security. These are both threatened even though they tell us they won't touch them. Doesn't this sound something like Delta Airlines?

There is not too much difference except Uncle can keep printing money out of thin air. (That's what the Fed does.) As this goes on and on it means that every dollar we have is becoming watered down. We call it inflation. It is really a hidden tax.

Some time out there in the not too distant future those guys in Washington are going to tell us that YOU are going to have to take less benefits in Social Security and Medicare among many other things. "They can't do that!" Oh yes they can! It either that or you will see your savings disappear right before your eyes called inflation.

Politicians keep promising more "entitlement" programs and these are slowly strangling the country. Many of the European countries are trying to cut back on their give-away programs, but the people vote out the politicians who want to balance budgets until some day the economy will vanish just as the Weimar Republic did in Germany. Everyone goes equally broke.

About 50% of voters don't pay any income tax at all and they don't care. All they know is that some smooth-talking politician is promising them more.

As a voter you have to begin to understand that you cannot have your cake and eat it too or like the Delta pilots you won't have any airplane to fly.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

Copyright 2005

http://www.mutualfundmagic.com; 1-888-345-7870

Aledo prom limo .. Lockport Chicago limo O’Hare
In The News:

Not all apps out there offer legit virtual private networks, according to Kurt the CyberGuy. He explains how to keep your information safe.
Apple's Image Playground transforms text prompts into images or animations in seconds, brining a world of creativity to the palm of your hand.
NASA's Ingenuity helicopter, which flew on Mars in April 2021, became the first aircraft to achieve powered, controlled flight on a planet other than Earth.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Thieves who have iPhones can usually detect a hidden AirTag in vehicles they are attempting to steal, and an RFID wallet may not help you.
Genmoji, the latest addition to Apple's Apple Intelligence suite, uses artificial intelligence to generate customized emoji based on text descriptions.
It's easy to find yourself swamped in unread emails. Here are a few simple steps to archiving them and clearing out some of your digital clutter.
Keep your retirement plan safe from data brokers selling your personal information. Kurt the CyberGuy explains how to protect yourself and your retirement.
Turo faces scrutiny after tragic incidents involving rented vehicles, raising questions about security measures and regulatory frameworks.
A Chinese company has developed a spherical, 276-pound law enforcement robot that has been chasing down criminals at impressive speeds.
Here are some powerful online sleuthing tricks you can use to check the credibility of a website, see old pictures of places you've lived and even learn more about your neighbors.
Beware scam calls: Avoid unknown numbers and protect your personal information. Tech expert Kurt “CyberGuy" Knutsson talks about the increasingly common scam.
Tech expert Kurt “CyberGuy" Knutsson helps you crush your New Year's goals with these 12 apps to help you stay on track and succeed.
There are many untapped safeguards and tips you can learn to take your Wi-Fi knowledge to the next level, technology expert Kim Komando shares her tricks.
VPNs ensure privacy; antivirus stops malware. Tech expert Kurt “CyberGuy" Knutsson says both are essential for online security.
Tech expert Kurt “CyberGuy" Knutsson cites a new report that says many people still use weak passwords like "123456," risking their accounts.
Tech expert Kurt “CyberGuy" Knutsson says a tech support scam used a fake Windows Defender pop-up, tricking the victim to call and download software.
Tech expert Kurt “CyberGuy" Knutsson reveals ways to restore accidentally deleted text messages on your Android phone.
A new study says outdoor security camera apps are among the biggest collectors of user data, including phone numbers, payment details and precise location.
In iOS 18.2 and later, Apple's Mail app enhances email management by automatically sorting messages into distinct categories to help find emails faster.
A virtual private network (VPN) allows computer and smartphone users to mask an IP and create a secure, encrypted connection between a device and the internet.
Android 15's latest feature, Private Space, is like a private vault helping to keep your personal or sensitive apps away from prying eyes.
Cybercriminals have more ways than ever to target teenagers; here are some of the most widespread scams and tricks to watch in order to keep your loved ones safe.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
A humanoid robot named CUE6 has got game. The basketball-playing robot, produced by Toyota, claimed a Guinness World Record for longest shot.

Ohio Department of Transportation; Sector Economic Reality

Ohio's transportation sector seems to be strong, even with Ohio's... Read More

Population and Transportation in the Modern Era of International Terrorism

It is important as populations expand to work on the... Read More

Whats Right About Nebraska: How the Democrats Lost the Heart of American Populism

(Note: This article was written slightly before the 2004 election;... Read More

Trade Wars, China and Over Regulation At Home

We are seeing some trade wars brewing as American trade... Read More

Colts? Stadium Short on Horse Sense

The predominant discussion in the Indianapolis media over the proposed... Read More

Monitoring Macedonia

Close to 500,000 people - one in four - live... Read More

Military Intelligence, FBI, CIA Intelligence Problems

Well many have complained that the FBI and CIA dropped... Read More

Social Security Rant

As the Baby Boomer Generation continue to get older, one... Read More

Lyndon Johnson - The Day After Dallas

J. Edgar Hoover and LBJ used to enjoy watching Hoover's... Read More

Quality of Life and Freedom, Unilateral Discussion

City Governments is their quest for; "quality of life" often... Read More

Bureaucracy Suffocating the Flow of Transportation

We are slowing the transportation flows of our civilization by... Read More

The United States Government Owes Arthur Anderson 16 Billion Dollars

Since the court case was over turned against Arthur Anderson... Read More

Death and Destruction and the Run Up to D Day

This is the third in a short series of four... Read More

Eurovision Song Contest - Kiss My Butt Neighbours

Tonight I resigned myself to the fact that this is... Read More

Is Inflation Harmful

Q. Should the Government be concerned if the CPI rises... Read More

The U.S. Department of Justice vs. the Realty Industry, and Its Effect on Consumers

From the National Association of Realtors' Virtual Office Website policy,... Read More

Howard Deans Big Fat Mouth

"The only time I open my mouth is when I... Read More

Liquidity or Liquidation

Large parts of the world today suffer from a severe... Read More

More Devastating Than a Nuclear Bomb

Despite their signature on the Biological Weapons Convention of 1975,... Read More

Top 30 Politics Quotations

"It is the duty of every citizen according to his... Read More

The Glorious Acts of Our Legislature

I always have to remember to take a deep breath... Read More

Iranian Elections - Roadmap To Continued Apathy

The recent first round of the Iranian elections somewhat resembled... Read More

Another Round of EU-Iran Talks Starts April 10 - Will Iran Be Referred To The UN Security Council?

Iran's objection to ratifying the International Atomic Energy Agency's Additional... Read More

The Typology of Financial Scandals

Tulipmania - this is the name coined for the first... Read More

The History of Trade and Using it as a Weapon for Peace

The Flow of Trade is a major consideration of civilizations... Read More

Bishop Hill Chicago limo service ..