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

no-contract cleaning service Glenview ..
In The News:

A new phishing scam targets family photos with fake "Cloud Storage Full" alerts. Criminals steal credit card information through fake sites. Learn protection tips.
South Korean scientists create ultra-thin fabric muscles that turn clothes into robotic assistants, lifting 33 pounds while weighing under half an ounce.
Archer Aviation has acquired Hawthorne Airport for $126M to launch an LA air taxi network ahead of the 2028 Olympics, featuring AI-powered eVTOL operations and next-gen aviation tech.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Fake AI apps disguised as "ChatGPT" and "DALLĀ·E" are flooding app stores with dangerous malware that steals data and monitors users without detection.
Fake buyers demand specific vehicle reports from unknown sites to steal credit card information from car sellers, but warning signs can help identify these scams before paying.
Android users can now manage apps across multiple devices more easily with Google Play Store's updated remote uninstall button in the latest update.
NASA's Perseverance rover discovers shiny metallic rock on Mars that could be a meteorite from an ancient asteroid, containing high levels of iron and nickel.
Holiday scams spike during Black Friday and Cyber Monday as criminals exploit your leaked personal data. Learn how to protect yourself from fake stores and phishing.
Commerce Department proposes TP-Link router ban over Chinese security risks. Learn how this potential prohibition could affect your home network and devices.
Hyundai AutoEver America suffered a data breach affecting 2,000 current and former employees, exposing names, Social Security numbers and driver's license information.
Washington court rules automated license plate reader images are public records, even when stored by vendors like Flock Safety, setting precedent for transparency.
Fake airline texts claiming flight cancellations are targeting travelers with convincing scams. Learn how cybercriminals steal personal data and credit card info.
Discover how iOS 26's new Adaptive Power feature automatically extends iPhone battery life by learning your usage patterns and adjusting performance intelligently.
New TikTok malware campaign tricks users into running PowerShell commands that download Aura Stealer, which steals credentials and authentication tokens.
Gaia Family offers fixed upfront pricing for IVF cycles with unlimited embryo transfers and financial protection, partnering with over 100 U.S. fertility clinics.
The Jetsons Act aims to position Pennsylvania as a leader in advanced air mobility by establishing regulations for hybrid ground-air vehicles.
Fake Geek Squad invoice emails are targeting users with convincing charges and urgent phone numbers to steal personal information and money.
Fox News Digital's artificial intelligence newsletter digs into a robot in Russia that faceplanted, George Clooney's alarm and OpenAI's rivalry with the New York Times.
Major data breach at Conduent exposes personal information of 10+ million people. Government contractor hit by cyberattack affecting Medicaid, child support systems.
Texas startup Janta Power raises $5.5M for innovative vertical solar towers that generate 50% more energy than traditional panels while using just one-third the land.
NASA's twin ESCAPADE spacecraft launched aboard Blue Origin's New Glenn rocket Thursday afternoon from Cape Canaveral, beginning their journey to Mars with arrival expected in 2027.
Learn how to set email reminders on iPhone and Android so you never forget to reply again. Simple built-in features help you stay organized and on top of messages.
Discover how Apple's passkeys revolutionize Mac security by replacing vulnerable passwords with biometric authentication and encryption for ultimate protection.
New survey reveals 78% of parents fear AI scams targeting their kids, yet nearly half haven't discussed these threats. Learn why this dangerous gap exists.

California Power and Commodity Markets

Excess capacity occurs in many industries, such as power, electricity,... Read More

The Elephant Roared and Brought Forth a Turd: A Case Against Democratizing the Middle East

The original vulgarity was bylined: ?The Constipation of America's Mid-East... Read More

Public Sector Economies in Transition

In the previous article, we described the various methods developed... Read More

Will They Sterilize Vagabonds and Drunkards in Belarus?

In Belarus parliament is going to struggle with degeneration of... Read More

George Bush--A New World Order

When this president's father was in the Oval Office, he... Read More

Make Plastic Out of Corn

Here is an interesting thought; Corn to make Plastic An... Read More

Public Utilities, Monopolies and Problematic Structures

Public utilities and a problematic issue on the allowance of... Read More

Hawala, or The Bank That Never Was

I. OVERVIEWIn the wake of the September 11 terrorist attacks... Read More

The United States Government Owes Arthur Anderson 16 Billion Dollars

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

Government Credit Card Abuse

Veterans Affairs Employees using government credit cards on personal items?... Read More

NASA Budget Space Shuttle Thoughts

Regarding the issues with the Space Shuttle and the in... Read More

How Bill Cosby got it Wrong

Bill Cosby got it wrong. His many speeches regarding the... Read More

Lets Make Some Things Clear about John Thune/Dan Nelson/MetaBank MetaGate

Let's make one thing clear: This Dan Nelson Automotive fiasco... Read More

Are We Really Getting Along?

When you look at the news, immigrants are dying trying... Read More

Chinese Rhetoric Over Taiwan, Back At You

It appears we are getting a little bit of Sun... Read More

Mother Russia and Poland

When Boris Yeltsin spoke about an experiment that 'they' wrought... Read More

A Look Ahead to 2008 (Part II)

Last week, I began my look ahead to the 2008... Read More

Wartime Prisoners and the Will to Fight; War is Hell, Let?s Win Alright?

We learned some lessons in these last few wars. For... Read More

Garbage in Garbage out; California Blackouts

Why did the California energy crisis happen? Who is to... Read More

Trade Policy; Hurting Industry and Small Business

The steel tariff taxes a few years ago hurt industry... Read More

Army recovers terrorists? bodies from avalanche-hit areas in South Kashmir

As the death toll in the avalanche-hit Jammu and Kashmir... Read More

The Divided Language

I was dismayed to learn the other day, that my... Read More

Vision India - 2025 (Expectations of an Ordinary Person)

IntroductionThe way one lyrist has written, "Hum logo ko samajh... Read More

Mental Masturbation of FTC Franchise Rule Report

Please read through this quick thought and discussion as if... Read More

Water Conservation, Retention and Better Policies

As the populations expand in Colorado outside of Denver, Las... Read More

house cleaning company Glencoe ..