UPS 747-400's
12-04-2008, 05:17 AM
#61
Line Holder
Joined APC: Feb 2007
Posts: 28
Just to echo Tiger's comment regarding the Fortune article......
In economics, the term recession is generally used to describe a situation in which a country's GDP, or gross domestic product, shrinks for at least 2 consecutive quarters.
From Reuters.....
The NBER does not define a recession as two consecutive quarters of decline in real gross domestic product, as is the rule of thumb in many countries. Instead, it looks for a decline in economic activity, spread across the economy and lasting more than a few months.
The current downturn was particularly tricky to define because GDP remained positive in the first half of 2008. The NBER said its committee looked at payrolls, which peaked in December 2007 and declined in every month since then, as well as real GDP and other data to determine when the recession started.
In economics, the term recession is generally used to describe a situation in which a country's GDP, or gross domestic product, shrinks for at least 2 consecutive quarters.
From Reuters.....
The NBER does not define a recession as two consecutive quarters of decline in real gross domestic product, as is the rule of thumb in many countries. Instead, it looks for a decline in economic activity, spread across the economy and lasting more than a few months.
The current downturn was particularly tricky to define because GDP remained positive in the first half of 2008. The NBER said its committee looked at payrolls, which peaked in December 2007 and declined in every month since then, as well as real GDP and other data to determine when the recession started.
12-04-2008, 05:40 AM
#62
Gets Weekends Off
Joined APC: Mar 2005
Position: 767 captain
Posts: 2,701
Just to echo Tiger's comment regarding the Fortune article......
In economics, the term recession is generally used to describe a situation in which a country's GDP, or gross domestic product, shrinks for at least 2 consecutive quarters.
From Reuters.....
The NBER does not define a recession as two consecutive quarters of decline in real gross domestic product, as is the rule of thumb in many countries. Instead, it looks for a decline in economic activity, spread across the economy and lasting more than a few months.
The current downturn was particularly tricky to define because GDP remained positive in the first half of 2008. The NBER said its committee looked at payrolls, which peaked in December 2007 and declined in every month since then, as well as real GDP and other data to determine when the recession started.
In economics, the term recession is generally used to describe a situation in which a country's GDP, or gross domestic product, shrinks for at least 2 consecutive quarters.
From Reuters.....
The NBER does not define a recession as two consecutive quarters of decline in real gross domestic product, as is the rule of thumb in many countries. Instead, it looks for a decline in economic activity, spread across the economy and lasting more than a few months.
The current downturn was particularly tricky to define because GDP remained positive in the first half of 2008. The NBER said its committee looked at payrolls, which peaked in December 2007 and declined in every month since then, as well as real GDP and other data to determine when the recession started.
http://news.yahoo.com/s/nm/20081203/...neaHnBON6s0NUE
Last edited by 767pilot; 12-04-2008 at 06:20 AM.
12-04-2008, 08:55 AM
#63
Gets Weekends Off
Joined APC: Jul 2008
Posts: 1,235
So after re-reading this invitation what jumps out at me is this thing is promoted as an IPA and UPS meeting! My next question is what I asked before, where is BM and the EB? I think not only they should be on hand but BM is the one that needs to be asking the questions that many of the junior folks are concerned with! Its becoming obvious that unless your in the bottom 300-400 on property, no one else really cares about our concerns! Just my thoughts!
Read Bob Browns input on the B&G.
They are just going to blow smoke and plant seeds of fear and dissent in the ANC pilot group, thats the sole reason for the meeting. This is a long standing method that the company has used in the past to fragment the pilot group. They will gain much more knowledge from you on how to manipulate the the group than you will obtain from them.
12-04-2008, 09:01 AM
#64
Gets Weekends Off
Joined APC: Feb 2007
Position: The IPA EB speaks for me
Posts: 529
Economics 101 remedial- In a RECESSION your neighbor loses their job. In a DEPRESSION you lose your job. An economy unbalanced by burdens of entitlements outstripping earners has to come unglued. Add to that legislated breaking of lending laws and you get this mess a few years earlier than Greenspan used to warn. The rest- figures lie and liars figure.
12-04-2008, 02:54 PM
#66
Gets Weekends Off
Joined APC: Mar 2007
Position: Unknown
Posts: 372
Amen. Great book. After listening to all the "socialism" and other terrible "-ism" talk over the past few months, it's quite an eye opener to see just how the fat cats pad their own nest eggs. Politics aside, I'd bet all of my 3rd yr pay that each of the Big3 managers up on the Hill today have never voted a ticket that didn't staunchly stand against 'socialism' and by extension labor unions...ever. Yet here they are, hat in hand, asking yet again to privatize profits and socialize losses. Funny how it's never socialism when it's you who needs the money!
12-04-2008, 03:20 PM
#67
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Amen. Great book. After listening to all the "socialism" and other terrible "-ism" talk over the past few months, it's quite an eye opener to see just how the fat cats pad their own nest eggs. Politics aside, I'd bet all of my 3rd yr pay that each of the Big3 managers up on the Hill today have never voted a ticket that didn't staunchly stand against 'socialism' and by extension labor unions...ever. Yet here they are, hat in hand, asking yet again to privatize profits and socialize losses. Funny how it's never socialism when it's you who needs the money!
Until we demand such novelties as term limits, balanced budgets and equal rates of taxation we will continue to be treated like the rubes and suckers we have proven to be, and I mean that in the kindest way.
Last edited by jungle; 12-04-2008 at 03:35 PM.
12-05-2008, 06:11 AM
#68
Banned
Joined APC: May 2006
Posts: 540
"When politicos tell us what and how we can buy on the "free" market, the first things to be bought are the politicos. When they start taxing on an unequal basis there is no level playing field. The politicos get and keep their job by promising to take from some and give to others, and every election is an advance auction of stolen goods." Nuggets from several wise old men.
Until we demand such novelties as term limits, balanced budgets and equal rates of taxation we will continue to be treated like the rubes and suckers we have proven to be, and I mean that in the kindest way.
Until we demand such novelties as term limits, balanced budgets and equal rates of taxation we will continue to be treated like the rubes and suckers we have proven to be, and I mean that in the kindest way.
12-05-2008, 08:17 AM
#69
Gets Weekends Off
Joined APC: Apr 2007
Posts: 157
The last vacancy bid
Didn't the last vacancy bid have a lot of ANC FO positions that went unfilled. I thought it was like 60 slots or something. I remember being quite surprised that the company just left the slots unfilled, and did not force more under 60 FE's up to ANC. My guess is that is where the bodies will go. Not good news for many, I'm sure, but working for UPS in ANC sure beats working for Walmart in SDF.
Does anybody know where/how to get the last vacancy awards?
Rott
Does anybody know where/how to get the last vacancy awards?
Rott
12-05-2008, 08:20 AM
#70
Gets Weekends Off
Joined APC: Mar 2005
Position: 767 captain
Posts: 2,701
The current downturn was particularly tricky to define because GDP remained positive in the first half of 2008. The NBER said its committee looked at payrolls, which peaked in December 2007 and declined in every month since then, as well as real GDP and other data to determine when the recession started.
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