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You sucked too much Koolaid. There is not government bailout of US Airways

The government provided $900 million in guarantees to get USAIR out of bankruptcy the first time around. Now the taxpayer will be bailing out USAIR in an ongoing and continuous fashion by paying out $3 BILLION in USAir pension obligations. If that isn't a bailout - I don't know what is. Your personal insults are convincing nobody on this board.

Loans that are repaid are not bailouts. As for pensions, you are misinformed. The pensions are gone, and what the PBGC will pay out is only WHAT THEY ALREADY HAVE TAKEN from us. Believe me, I am very well informed on this one - it was my money - they cut off the pensions except for pennies on the dollar, meanwhile immediately put 1.5 billion of our money in their banks.

The government, to-date is out nothing. On the other hand, US Airways were to liquidate, the it would default on the $575 million still due on the $975 million borrowed 2 years ago - although with them at the front of the creditor line, they would likely get all of theirs. Bottom line: no bailout.

As for why the ATSB was setup: plain and simple: the government, with their assine lack of security put us in the position were were in. Our airline had its one of its principle cities closed for over a month (DCA). We are the number one carrier in DCA. But, a LOAN is just a LOAN. Next time you pay your mortgage, just write in the memo: "thanks for the bailout".