The price of fake stability

It is the question that flew my mind as I read a BBC article (at https://www.bbc.com/news/articles/cwy3lxqlwl1o) here we are given the ‘plight’ (for the lack of a better word) of Boeing. The once heralded brand of a saviour of technology. Most will wonder about “A US campaign group has accused Boeing of concealing information about electrical problems on a plane that later crashed” , as well as “The organisation said more than 1,000 planes currently flying could potentially be at risk of electrical failures as a result of production problems. The foundation’s claims relate to an aircraft which hit the ground minutes after take-off from Addis Ababa in March 2019” yet whether the truth is a given here, remains the question. We are given a host of other settings in this partial boxing ring, which leads to “among the apparent issues indicated by the documents are a lack of electrical parts, missing and improperly installed wiring, and employees being placed under extreme pressure to rework defective parts” It is anyones guess how accurate these settings are, and my thoughts are that the once great airplane brand has fallen so far. Yet at this point my speculating self started to fill doubt with conjecture, a partial presumption on my side with a larger dose of speculation. And let there be no doubt, I am about to speculate, which is what one does when the facts are not completely to be trusted and when you fail to optionally see the good in people. Yet the BBC does not entirely fail to give the goods. And it does so in the last paragraph of the matter. We are given “Mr Pierson said reports from people within the factory alleged that efforts to improve conditions on the production line had so far been “woefully inadequate” – largely because FAA inspections were known about well in advance and could be prepared for”

So why does the FAA give Boeing the goods? I believe it to be the faltering lines of the American economy. Another failing setting to NASDAQ would throw the American economy in a sliding scale towards an abyss. Whilst we are given that there is a positive year to year change, the reality is that Boeing hasn’t been positive since 2019, thats a 5 year thumper of debt when we see that Boeing had a revenue of 76.5 billion dollars and a net income of minus 600 million, we see that the numbers grow to a 77.8 billion with a net income of minus 2.2 billion. As such the Boeing numbers are not a good message and now we see that the FAA allegedly tells Boeing when they are coming for a ‘visit’? I believe that these firms are against the wall. And the previous CEO Dave Calhoun, who wielded the sceptre from January 2020 to August 7, 2024 has a lot to explain. He took over from Dennis Muilenburg who was fired amid safety concerns with the Boeing 737 MAX following two fatal crashes that claimed the lives of 346 passengers and crew on board. It is here that I personally believe that Dave Calhoun allegedly played a very dangerous game, the unsubstantiated believe that he played with lives using a set of dice. And as I see it, the FAA was willing to play with the lives of people. With the safety setting of Boeing at play, the FAA had no business to give advance warning. A setting we need to give rise to, so far 346 lives are lost and the economy is seemingly more important that hundreds of lives lost. America has an apparent 334,914,895 (2023) lives. Who cares how the Americans keep their population high, a few hundred is all that is needed, so fuck around and find out. And with another (speculated) 800 lost, due to the next 2-3 planes. the media will use all the soundbites to create flammable stories. In the mean time we see a system that is all about keeping the appearance of an economy high, does it matter how many lives are lost? In the end, when Boeing goes down, Airbus and Lockheed Martin. In retrospect United Airlines is waiting on 497 planes from Boeing, I reckon that they might want to change their order to Airbus (no idea if that is a valid option). The larger setting is that Boeing makes military aircrafts making it a touchy subject. I wonder if any media will truly take a look at how (as well as why) the FAA played chicken with American lives and the American economy. Is any of it a given? No, as I said there is a lot of presumption (read: in part speculation) on the subject. But anyone in Business Intelligence would have had similar thoughts. The problem is that this article by Theo Leggett is 15 hours old. I wonder what more information will be divulged to the people in the next 5 days. In addition there is a lot we do not know about Ed Pierson, a former manager at Boeing’s 737 factory in Renton, Washington State. I speculate that the FAA will face a serious shake up, the card will most likely fall against Michael Whitaker, but that is not a given. Someone will be buried alive for playing footsie with Boeing, of that I have no doubt, who? It will be anyones guess but it will be someone high up. And the stage between Boeing and its stock for the sake of stability. A faltering fake setting of a nation that couldn’t bring its debts about and merely try to play a longer game. If they did this to Boeing, who else what given some level of protection? I don’t know, but the American media is not keen on truly digging into that hornets nest.

As I said, plenty of speculation/presumption, the facts? Well, as I see it the media is no longer to be trusted, so who is? It is anyones guess I think.

Have a great day and try to enjoy tomorrow, that is, if you are not being a passenger on a Boeing.