Watching the Open this morning, and Tom Watson is inspiring! More on all that another time.
While surfing during ads, ran into the story on CBS about United Breaks Guitars.
It's one man's poetical revenge, posted on YouTube, on United Airlines, who negligently destroyed a prized guitar, and offered NO (that means ZERO) compensation.
With over three million views, and growing, this is a public relations disaster for United.
However, since it is one the growing number of zombie firms bailed out (during the Bush Administration), it can be confidently predicted that:
1. No one will be fired as a result of this humiliation.
2. The shareholders will not demand a change in management, even though it is patently incompetent.
3. When United bleeds more red ink(because the customers stay away in droves), Tim Geithner, with his $700 billion credit card, will send more money its way. After all, it's too big to fail, and it has a unionized work-force, whose votes need to be bought, and it's based in Chicago (now, who else do we know in Washington from Chicago?).
What this means, also, is that the 29-year-old lower-middle-management employees, who shake their heads in frustration at the stupidity of their employers at United, will not likely have the chance to create the next (functional!) incarnation of an airline, because Uncle Sam, Cousin Timmy, and Godfather Barack won't let United go under, as it should.
This is our future in Bailout America. The future is now, actually, since Flying Guitars are actually a common occurrence, and there are few victims of airline negligence and stupidity with the resources to push back with such imagination.
The airlines(and banks, and auto companies, and insurers, etc.) know this, and they know they have unlimited access to Federal largesse.
November 2010 is now fifteen months away. It's our first big opportunity to push back.
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