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New Zealand PSA - Trade School

StukaFox says...

I wish we had this in the US:

1. At 18, you go into two years of national service, PERIOD. Unless you're in a coma, you're going. And you're going to go someplace you're not from and be on a team with people you're not used to so that your millimeter-wide view of America gets forced open to a mile.

You will be evaluated for mental and physical wellness. If you're suffering from mental illness, you will get help. If you're struggling with weight or other physical issues, you will get help.

You will be helping out in communities that you are not used to seeing: rural, inner-city, black, white, Latino. You will meet gay people, hard-core religious people, prisoners, entrepreneurs, carpenters and mechanics. You will get to know their world and help them understand yours.

2. After your two years, you have some choices:

- You can go into the military and strengthen those skills you've shown an aptitude for.

- If you want, you can attend a trade school, fully covered.

- If you want to go to college, your first two years will be covered if you get a AA/AS. Should you go for a four-year degree, your first three years will be covered.

Imagine what kind of nation we'd be living in right now has this been done in 1990.

A Disturbance in the Force Trailer

Guy has a truly horrible airport experience

cloudballoon says...

Let AA die already. Unlike many other countries, there's no monopoly/"too big to fail" companies in the aviation industry in America afaik. It's not that hard to let other companies to absorb AA's passenger capacity, especially in 2020. The employees are "arguably" worth the tax payer support through unemployment/Covid benefits to carry them over, but that's it. All these tax money that goes to direct to the company (i.e. the executives/upper management) instead of to the employees (none-stock holding kind) is always bad policy (read: corruption).

Guy has a truly horrible airport experience

StukaFox says...

Newt, you don't know the half of it. The reason they need a bail-out? Two words, my friend: stock buybacks.

Back in '16, good ol' AA was ~$20 BILLION in debt. Yes, their DEBT was larger than the GDP of some nations. Bad situation, right? What to do, what to do -- HEY! I got it! Let's spend NINE FUCKING BILLION on stock buybacks. In doing so, they turned $5b in reserve cash into $550 million. Trump himself couldn't have fucked this up worse if he tried.

It gets worse. Here, I will quote from Forbes:

"The numbers boggle the mind. American Airlines spent nearly three times its current value on stock buybacks over the last six years."

It gets even worse from there.

Over the last ten years, AA spent ~$13b on stock buybacks. You know what their free cash flow was over the same 10-year period?

-$7,935 million.

That's not a typo. Their free cash flow, unique among all major airlines, is NEGATIVE. The number on their -negative- cash flow is greater than the -positive- cash flows of Jet Blue and Alaska combined.

Guess where that money went?

Shareholders? Nope.
Employees? Nope.
Improvements to the business as a whole? Nuh-uh.

If you guessed "The CEO's pocket", you win a $4 Snickers bar. If you also suspect that any bailout will end up in the same place, I'm throwing in a free Baby Ruth or an Abbazabba (your choice).

That's right: your tax-paying American ass is going to bail out these cocksuckers not to save jobs -- no fucking chance in Hell that's going to happen -- but to make Doug fucking Parker, an asshole of utterly legendary proportions who made $11.5 MILLION in 2019 thanks to those buybacks, even fucking richer.

There's not enough Prep-H in the world to compensate for that level of ass-fucking. And you WILL smile when you're getting raped, otherwise it's getting stuffed in your mouth afterwards.

(BTW: when they started this financial cocksuckery, AA was ~$60 a share. On Friday, it closed just below $13. Dough Parker still made money. The funds, including pension funds, who invested in AA @ $60? Not so much.)

newtboy said:

And they think they deserve ANOTHER multi billion dollar handout/bailout from taxpayers, another socialist handout for free, no strings attached at all, but won't commit to upgrading service or even keeping employees employed (considering their competence level, that's reasonable, a monkey on meth would do better).

New version of "The Star-Spangled Banner" in a minor key

The Walk.

scheherazade says...

As a liberal (without TDS), I would prefer Trump just stay another 4, and we get a real Democratic candidate.

The good thing about Trump is that there is so much gridlock that neither party has the ability to pass any laws. Shit just coasts along without much change.

If Democrats win now, while TDS is in full swing, any law they pass will be an ideological (non-technocratic) over-correction.

I get that he's "the democratic party's man", but FFS, take things seriously for a change. Yang, Tulsi, Bern', all better candidates by far. But since they're not obedient party dogs I guess they're unsuitable for the job...

I mean, what's the logic? Hey, people are dumb enough to vote for a narcissist, so they must also be dumb enough to vote for someone brain damaged? Are they trying to double down on last election?

Really? This guy?
https://www.youtube.com/watch?v=-FCGLidQN6M
https://www.youtube.com/watch?v=aA-GoeFGyIc
https://www.youtube.com/watch?v=9Nl1b1rngXU#t=11m1s

I mean, his youtube campaign ad has him stumbling around for words. If that train wreck is what his own campaign put out, how bad were his other takes for them to say 'all right, this is the best we're gonna get' ?

If there ever was a campaign that embodied "party over country", this is it.

-scheherazade

Janus said:

While I can't stand Trump, I have to wonder how well Biden would do now. He at least seemed to still be in possession of all (or most) of his faculties back in 2016. Both Biden and Trump seem to be having serious lapses over the past few months, at least. Seemingly worse for Biden, actually, though that might just be down to heavy use of stimulants on Trump's part.

The fact that these two candidates are our presumptive options for president is a dumpster fire.

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