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

eco-friendly cleaning service Buffalo Grove ..
In The News:

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.
A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.
New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.
Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.
Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.
Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.
Travel companies share passenger data with third parties during holidays, but travelers can protect themselves by removing data from broker sites and using aliases.
Xpeng's humanoid robot moves so realistically that crowds believed it was fake, marking a major advancement in robotics technology ahead of 2026 commercial launch.
Researchers discover phishing scam using invisible characters to evade email security, with protection tips including password managers and two-factor authentication.
iPhone and Android users can reduce battery drain and data usage by restricting Background App Refresh to Wi-Fi connections instead of mobile networks.
Scammers nearly stole an Apple account by exploiting the support system with authentic-looking tickets and phone calls, users can protect themselves with safety steps.
FoloToy restored sales of its AI teddy bear Kumma after a weeklong suspension following safety group findings of risky and inappropriate responses to children.
Threat intelligence firm Synthient uncovers one of the largest password exposures ever, prompting immediate security recommendations.
Viral video shared by Elon Musk shows Tesla's Optimus humanoid robots performing tasks from cooking to construction, garnering over 58.5 million views on social media.
Chinese hackers used Anthropic's Claude AI to launch autonomous cyberattacks on 30 organizations worldwide, marking a major shift in cybersecurity threats.
Apple's new Sleep Score feature gives you a rating for your nightly rest quality. Learn how to set it up on your Apple Watch and iPhone today.
Essential phone settings to enable before losing your device, including Find My network, location services and security features for iPhone and Android.
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Cybersecurity research shows weak passwords remain a major threat, with simple patterns and number sequences putting millions of accounts at risk.
New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.
FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.
New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.
OpenTable now uses AI to track your dining habits and share insights with restaurants. Learn what data they collect and how to protect your privacy.

5 Years in Prison for Satirical Flash Films About the President of Belarus

They do not allow the criticism of the president in... Read More

Colonel Boyd on Limited War and Iraq Victory

In discussing the OODA Loop theory on Limited War by... Read More

Water Conservation, Retention and Better Policies

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

Lost and Found in Gaza

The evacuation of Gaza is now completed, and the world... Read More

The Absurdity of the Public School Monopoly

The notion that local governments should have almost total monopoly... Read More

Companies, Consumer and Cost of Fuel

Which companies are most affected by fuel? Who really bears... Read More

Environmentalism and Roads in Our Forests

Many environmentalists are against roads through the forest because it... Read More

Ex-CIA Folks are Problematic

Those who are above the law or act as such... Read More

Protectionism in Russia

The new law "Special Protective, Antidumping and Import Compensatory Measures"... Read More

Banana Republic - United Kingdom

The recent scathing remarks by High Court Judge Richard Mawrey... Read More

The Criminality of Transition

Lecture given at the Netherlands Economic Institute (NEI) on 18/4/2001Human... Read More

China Finds Humans to Test Bird Flu Vaccine On, in Qinghai

China is serious about breaking into the bio-tech field and... Read More

Fear, Controversy and Chaos in the Media

Most modern day media stories containing fear, controversy and chaos... Read More

The New Goo Review is Coming Right At You

Non-lethal Goo Concepts have been tossed around by many war... Read More

Are Social Security Private Accounts a Good Deal or Raw Deal for African Americans?

How many legs does a dog have if you call... Read More

Nurturing Global Disequilibrium

This brings to our consciousness, issues concerning the ever rising... Read More

The Lemon Dance: Why Government Doesn?t Work

Former Senator, Daniel Moynihan, accurately summed up the situation when... Read More

Time for a New Canadian Party

It is time for a change. A change in philosophy,... Read More

The Wage-Productivity Gap

The most damaging factor to our economy today is the... Read More

MORAL ARMOR Condemns Home and Business Seizure Law

Nothing could be more alarming for Americans than what I... 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

Bringing Back Mining Jobs to the United States

With new environmental technologies and modern efficiency methods in mining... Read More

Federal Trade Commission Franchising Website Needs Updating

Many times our government regulatory over embellish problems in the... Read More

Global/Israeli Corruption!

What depth of blind insanity has inflicted itself upon Israel's... Read More

Alternative to Land Mines in Middle East

With the recent threats from Bin Laden and Al Queda... Read More

express cleaning service Arlington Heights ..