Financial Press: Boeing Should Charge Passengers Extra Not to Crash

A contributing cause of the crashes is widely reported to be the lack of sensors and other safety features that Boeing sells as pricey optional upgrades, effectively creating a two-tier safety standard in the aviation industry, where airlines serving less wealthy clientele employ aircraft more prone to crashing.

boeing safety

CHICAGO -- The Boeing Corporation is again under intense scrutiny, as news broke of a Southwest Airlines 737 Max 8 aircraft travelling, without passengers, from Orlando, FL to Victorville, CA that was forced into an emergency landing after an engine failure. All 376 of the aerospace giant’s 737 Max 8 aircraft are currently grounded after two

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Boeing 737 Max Case is Latest Example of Why Industry Can’t Regulate Itself

Bound by laws and the competition of the market, corporations cannot be trusted to put human life before profit. Freeing companies from the “red tape” of regulation will inevitably lead to a Wild West in air travel, where accidents like the Ethiopian and Lion crashes occur more frequently.

boeing safety

CHICAGO -- The fatal crash of Ethiopian Airlines Flight 302, just months after the Lion Air Flight 610 crash in Indonesia, has led to governments and airlines around the world grounding their Boeing 737 Max 8 aircraft amid concerns that, after two crashes killing 346 people, the model is unsafe to fly. Airlines are attempting to cancel their orders

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Trump Puts his Logo on the Military-Industrial Complex, Sets Up US Arms Sales with Syria Demo

Trump’s bid to increase U.S. arms sales, by using the Syria strikes as a PR blitz to show the effectiveness of U.S.-made weapons, is just the latest action taken by the president to cement his role as America’s top arms dealer.

Donald Trump tours the nuclear aircraft carrier Gerald R. Ford, at Newport News Shipbuilding in Newport News, Va., Thursday, March 2, 2017. (AP/Pablo Martinez Monsivais)

WASHINGTON – The week after the U.S., along with the U.K. and France, launched unilateral strikes against the Syrian government, the Trump administration is rolling out a “Buy American” weapons-selling initiative aimed at allowing other nations to buy even more weapons from U.S.-based arms manufacturers. According to Reuters, the initiative, set to

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Art of the Arms Deal: Trump Is Peddling Arms as If There Were No Tomorrow

Donald Trump has headed down a well-traveled arms superhighway, partnering with the likes of Lockheed Martin to sell weapons to dictatorships and repressive regimes that often fuel instability, war, and terrorism.

President Donald Trump shows a chart highlighting arms sales to Saudi Arabia during a meeting with Saudi Crown Prince Mohammed bin Salman in the Oval Office of the White House, Tuesday, March 20, 2018, in Washington. (AP/Evan Vucci)

It’s one of those stories of the century that somehow never gets treated that way. For an astounding 25 of the past 26 years, the United States has been the leading arms dealer on the planet, at some moments in near monopolistic fashion. Its major weapons-producers, including Boeing, Raytheon, and Lockheed Martin, regularly pour the latest in

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With Appointment of Defense Industry Insiders, Trump Adds to Washington’s ‘Swamp’

Trump is certainly not the first president to appoint defense industry executives to senior Pentagon posts, but he’s taken the practice to extreme lengths. He’s also extended the same practice to almost every other cabinet department.

President Donald Trump to speaks to Boeing employees in the final assembly building at Boeing South Carolina in North Charleston, S.C., Feb. 17, 2017. (AP/Mic Smith)

In the Famous-Last-Words department, this Dec. 12, 2016, headline from Reuters surely ranks among the worst: “Trump attack on Lockheed Martin foreshadows war on defense industry.” When it comes to military contractors, President Trump surely prefers to make love, not war. Not only does he seek a $51 billion increase in the base military budget,

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Militarization Of U.S.’ Asian Allies A Boon For Top U.S. Weapon Manufacturers

Japan and Taiwan are helping to advance the U.S.’ ultimate goal of “engaging and containing” Beijing with larger purchases of arms. This growing militarization is lining the already deep pockets of U.S. arms manufacturers like Raytheon and Boeing.

Soldiers on a AAV7 Amphibious Assault Vehicle communicate during military exercises at the Zuoying naval base in Kaohsiung, southern of Taiwan, Wednesday, January 18, 2017. (AP/Chiang Ying-ying)

MINNEAPOLIS-- Last week, Taiwan issued a rare public comment announcing its plans to continue buying U.S.-made weapons, stating that the purchases are helping to boost the U.S. economy. The Taiwanese government elaborated, stating that its military purchases “have boosted the local economy” of several states, but particularly benefited the U.S.’

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