Monday, December 08, 2008

Modified Loans Do Little to Help Homeowners

Why does this surprise anyone?

Virgin America to start hub service

But not at O'Hare Airport.

Only a couple of days after Virgin withdrew its unsuccessful effort to land at O'Hare,, the airline announced that it would launch service from Boston to San Francisco and Los Angeles. Too bad Chicago.

Virgin pulled out of Chicago because it was unable to negotiate access to O'Hare gates. And why is that, especially now with so many unused gates there?

Because United and American, which control 80 percent of the traffic there and most of the gates, didn't want the competition. Nothing against Virgin, they just don't want anyone else showing up, offering lower fares, better service or connections to unserved markets.

Wait a minute: Isn't the airport publicly owned? Don't taxpayers pay for it? Shouldn't the city of Chicago, the landlord, recognize that the airport needs more competition?

The answers are yes, yes and yes. But the cozy relatiionship between the two airlines and City Hall prevents any significant competition at O'Hare. We don't need no stinkin' competition.

So, screw the airline passengers. And screw the taxpayers.

DeSantis replies to Trump

 "Check the scoreboard." Follow this link:  https://fb.watch/gPF0Y6cq5P/