Petition for keeping one Concorde flying

"Steve Firth" wrote in message
...
Tarver Engineering wrote:

An 80 cent Euro is far more attractive than a $1.20 one, as far as
Airbus
airplanes go.

Isn't a dollar worth less than 50p and still heading south for the
winter nowadays? Your president seems to have blown your economy while
you were napping.

The adjustment in exchange rates is about to stop.

http://cbs.marke****ch.com/news/newsfinder/pulseone.asp?guid={7DCD8ADE-CDB4-4B3B-97DC-2E112B1A9ABB}&siteid=mktw&dist=bnb

"Dave Stadt" wrote in message ...
"Ali Hopkins" wrote in message
...

"G.R. Patterson III" wrote in message
...


Ali Hopkins wrote:

So, as I asked previously, how come the Shuttle got built?

You're arguing that the space shuttle is a commercial airliner?


No.

Ali

The answer to your question is it got built with monies the government
budgeted for the space program.

and paid to contractors at over inflated prices like much of the US
governments spending in these areas. The $400 wrench is as much a subsidy as
anything else is. With the politicians funded out of these compnay profits,
you would have to either naive or stupid to believe that the government does
not reward the people who fund their election with fat juicy contracts.

Boeings civil business for example is being subsidised by the military
contracts. Lose the contracts you lose the jobs. You lose the jobs, you lose
the votes. You lose the votes you lose office. You lose office, you lose
the power. You lose the power then you are a regular citizen being shafted
by those it power. And its a bum deal.

Fat deals $500 wrenches (aint inflation a bitch) and whey, let the good
times roll.

"Tarver Engineering" wrote in message
...

The Euro tanked, while the pound held above $1.60. If BA made their
purchase at the two euro to the Pound rate, they did very well on the
deal.
AI exists under a complicated interleaved set of money hedges.



What on earth are you talking about. The pound started at, what, 1.70 Euros
equivalence - I bought a stack at that level. Even given good forward Forex
buying, there is no way that BA could have hedged at two, especially given
the timing. And it's now at 1.43-ish or thereabouts.

Ali

Steve Firth wrote:

Tarver Engineering wrote:

"Steve Firth" wrote in message
...
Tarver Engineering wrote:

An 80 cent Euro is far more attractive than a $1.20 one, as far as
Airbus airplanes go.

Isn't a dollar worth less than 50p and still heading south for the
winter nowadays? Your president seems to have blown your economy while
you were napping.

The adjustment in exchange rates is about to stop.

Yes, and aeroplanes fly because the wings are held up by
little pink pixies.

I must say I've never quite understood *exactly* how lift worked,
but it's much clearer now. Thanks Steve.

--
Pd

"Steve Firth" wrote in message
.. .
Tarver Engineering wrote:

"Steve Firth" wrote in message
...
Tarver Engineering wrote:

An 80 cent Euro is far more attractive than a $1.20 one, as far as
Airbus airplanes go.

Isn't a dollar worth less than 50p and still heading south for the
winter nowadays? Your president seems to have blown your economy while
you were napping.

The adjustment in exchange rates is about to stop.

Yes, and aeroplanes fly because the wings are held up by little pink
pixies.


You forgot the glue; made with real harpic.

Ali

"Ali Hopkins" wrote in message
...

"Tarver Engineering" wrote in message
...

The Euro tanked, while the pound held above $1.60. If BA made their
purchase at the two euro to the Pound rate, they did very well on the
deal.
AI exists under a complicated interleaved set of money hedges.



What on earth are you talking about. The pound started at, what, 1.70
Euros
equivalence - I bought a stack at that level. Even given good forward
Forex
buying, there is no way that BA could have hedged at two, especially given
the timing. And it's now at 1.43-ish or thereabouts.

If BA and AI don't have a hedge in place, there will be much less interest
in the airplane deliveries.

"Steve Firth" wrote in message
.. .
Tarver Engineering wrote:

"Steve Firth" wrote in message
...
Tarver Engineering wrote:

An 80 cent Euro is far more attractive than a $1.20 one, as far as
Airbus airplanes go.

Isn't a dollar worth less than 50p and still heading south for the
winter nowadays? Your president seems to have blown your economy while
you were napping.

The adjustment in exchange rates is about to stop.

Yes, and aeroplanes fly because the wings are held up by little pink
pixies.

Do you work in Chirac's Government?

"Tarver Engineering" wrote in message
...

"Ali Hopkins" wrote in message
...

"Tarver Engineering" wrote in message
...

The Euro tanked, while the pound held above $1.60. If BA made their
purchase at the two euro to the Pound rate, they did very well on the
deal.
AI exists under a complicated interleaved set of money hedges.



What on earth are you talking about. The pound started at, what, 1.70
Euros
equivalence - I bought a stack at that level. Even given good forward
Forex
buying, there is no way that BA could have hedged at two, especially
given
the timing. And it's now at 1.43-ish or thereabouts.

If BA and AI don't have a hedge in place, there will be much less interest
in the airplane deliveries.



I am quite sure that BA do have hedges in place. I am also quite sure that
they aren't at your imaginary rate of 2 Euros to the pound sterling. I doubt
that any forward spot trader would have offered anything close to even the
start rate of 1.70-ish. And, of course, they have already taken substantial
deliveries.

Ali

"Tarver Engineering" wrote in message
...

"Steve Firth" wrote in message
.. .
Tarver Engineering wrote:

"Steve Firth" wrote in message
...
Tarver Engineering wrote:

An 80 cent Euro is far more attractive than a $1.20 one, as far as
Airbus airplanes go.

Isn't a dollar worth less than 50p and still heading south for the
winter nowadays? Your president seems to have blown your economy
while
you were napping.

The adjustment in exchange rates is about to stop.

Yes, and aeroplanes fly because the wings are held up by little pink
pixies.

Do you work in Chirac's Government?



Ackserley, the UK dimwit is Bliar, not Chirac. You know, that "socialist"
that supports Shrub.

Ali

On Sat, 7 Feb 2004 22:14:19 -0000, Ali Hopkins wrote:

And why on earth do Merikans think that any gummint that doesn't
support Enron type capitalism must be that demon of socialism? I am always
bemused by that particular US view of Europe.

Americans - IMHO - interpret other things into the word 'socialism' as we
Europeans do.

#m

--
http://ars.userfriendly.org/cartoons/?id=19990509