Re: HOMESTEAD: Fwd: COGALL: US Airliine Industry seeks Government Bailout -

[Keith Wilde <kwilde@magi.com>]

As Alan says, many people are in a helping mode.  But note these comments
from Paul Krugman in a NYTimes editorial on September 14:

"After the attacks I found myself wondering whether some politicians would
try to exploit the horror to push their usual partisan agendas.  Then I
chided myself for such an uncharitable thought. But is seems you can't be
too cynical; sure enough, the push is already on to sell tax breaks for
corporations and a cut in the capital gains tax as a response to terrorism.

"One hopes that the White HOuse will distance itself from this disgracerful
opportunism, that it will deliver the bipartisanship it origianlly
promised.  But initial indications are not good: the administration
developed its request for emergency funding in consultation with
Congressional Republicans--full stop.  A Democratic contact says that hsi
party received "no consultation, no collaboration, virtually no information".

"I didn't want to mention this, but now is the time to draw the line.  This
tragedy will only be magnified if it is exploited for political gain.
Politicians who wrap themselves in the flag while relentlessly pursuing
their usual partisan agenda are not true patriots, and history will not
forgive them."


 Alan Zundel wrote:
>I had this thought when I first read about the airlines asking for help, but 
>I don't think this is a good case to advance the cause.  The airlines 
>proximate reason for needing help right now is due to the aftereffects of
the 
>NY/DC tragedy last week; demanding a "return" for help seems inappropriate 
>under the circumstances.  People are in a helping mode, not a "what will you 
>give back to us?" mode.
>



Keith Wilde
Canada Pension Plan
Ottawa
kwilde@magi.com
613 990-8125