McKenna (AG-elect)Says He'll Re-Examine Boeing Deal

If not for the state of Washington subsidies for Boeing, Bush probably would have had a slam dunk WTO case against Airbus. Now though, I think he's set himself up as well as Boeing for massive WTO penalties. He only has himself to blame though. We should not be subject to the whims of these international bodies.

As for the state of Washington Boeing subsidies, check these links out: http://www.effwa.org/pdfs/boeing_olympus.pdf
http://www.effwa.org/pdfs/boeing_olympus_ex.pdf

If not for the state of Washington subsidies for Boeing, Bush probably would have had a slam dunk WTO case against Airbus.

Not likely. The WTO will never rule against the EU and Airbus.

Yep, Boeing is rapidly becoming the liberal equal of Halliburton.

What people don't seem to understand is Boeing was instrumental in keeping the economy from becoming too lopsided for many years, that is to say contracts from foreign companies for Boeing airplanes helped us keep the balance from being too far out of kilter. Airbus, financed by EU governments has been dogging Boeing for years and now seems to have finally taken a lot of their business. Airbus couldn't do this without being on EU's dole.

If one doesn't like the tax credits for Boeing try considering tariffs on Airbus. There has to be someway to compete with foreign companies that are government financed. I certainly don't presume to have the answers but I do know that Boeing is being shafted by the foreign quasi "competition".

Having spouted off above I'll continue with a criticism. The stupidest thing I've ever seen Boeing do is locate in Chicago. Probably the most politically corrupt city in the most politically corrupt state in the union. And lousy flying weather to boot. What were they thinking???

One word, Speaker of the House. Boeing's move to Chicago was to garner great political influence. If I had the choice of Sen. Patty Murray or Speaker of the House Hassert, it be a no brainer as far as who I'd want greater access to.

That's exactly right. Furthermore, Boeing doesn't have to mfg. in Washington state. It has plenty of facilities elsewhere to do the same things. If Boeing finally leaves, since the hq. is no longer here, in WA, then it is relatively easy to relocate to a more favorable business climate.

And, for those who are advocates of 'business paying their fair share', understand this. Businesses do not pay taxes. They collect them. The true payee is the purchaser of the product the business sells or mfgs. In other words, the cost of taxes is built into the purchase price.

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