This is sad........... - Mercedes-Benz Forum

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post #1 of 14 (permalink) Old 02-29-2008, 11:36 PM Thread Starter
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This is sad...........

I hope this contract is recinded. It doesnt sit well with me at all.

U.S.-Europe Team Beats Out Boeing on Big Contract: Financial News - Yahoo! Finance

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post #2 of 14 (permalink) Old 03-01-2008, 01:33 AM
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Whyever not?

You have to remember that trade is a 2-way street and Europeans have been buyers of US made airplanes and helicopters for decades.

Why should you not occasionally repay the compliment, if it makes commercial sense?
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post #3 of 14 (permalink) Old 03-01-2008, 05:11 AM
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I just got a pair of new krell power amp's from the US, maybe I should have brought Euro ? just because.
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post #4 of 14 (permalink) Old 03-01-2008, 05:14 AM
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It's Boeing's own damn fault. They were in the midst of a scandal in 2004 involving Air Force's weapons buyer, Darleen Druyun and the promise of jobs for herself, daughter and son-in-law at Boeing, in exchange for steering weapons contracts to Boeing. It is this scandal that has set up the present situation that opened up bidding to Northrop. It clearly says so in the article. Furthermore, it also said that the fueling tankers offered by Northrop and Airbus were larger and fit the specifications better than the Boeing proposal.

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post #5 of 14 (permalink) Old 03-01-2008, 06:39 AM
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now the right is crying foul, hahahahahaha
Let's wait a few days and we will hear of all of the layoffs this is going to bring about. Hey badbenz, how does it feel to have people like Bush at the helms? Jayhawk, how does it feel to see the dow drop 350 points while you were touting that the DOW was up 450?
I guess now it's time make some money out of the misery of others. I would short Boeing like dropping a hot potato.
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post #6 of 14 (permalink) Old 03-01-2008, 10:46 AM
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Originally Posted by drewprof View Post
now the right is crying foul, hahahahahaha
Short of the person that started this thread who is crying?

Even if you don't figure in the past issues with this contract it is simple. Boeing offered an inferior product and should not have won.
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post #7 of 14 (permalink) Old 03-01-2008, 02:22 PM
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The best company one on this particular bid.
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post #8 of 14 (permalink) Old 03-01-2008, 02:24 PM
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Actually Airbus sweetened the pot with a plant in Alabama so the US job market should do pretty well, depending on WHAT is actually made/assembled there. It is a shame for the Boeing folks, however, that contract would have gone a long way toward more US jobs than the winner and would have put airplanes in the sky faster.

Reading the debriefings will be interesting to see if Airbus actually had a better bid [bigger is not always better] or if Boeing was being punished.

Either way, my cousins who weld titanium in Seattle will be negatively impacted.


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post #9 of 14 (permalink) Old 03-07-2008, 12:07 AM
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Pelosi points finger at McCain on Boeing

Pelosi points finger at McCain on Boeing

The controversy over the Pentagon decision to award a $35bn refuelling tanker contract to EADS spilled into the presidential race yesterday, when a senior Democrat suggested that John McCain, the Republican nominee, was responsible for the deal being "outsourced" to a European company.

Nancy Pelosi, the Democratic House speaker, said Boeing had been on course to supply the US Air Force with tankers until Mr McCain "intervened".

"My understanding is that it was on course for Boeing before. I mean, the thought was that it would be a domestic supplier for it," Ms Pelosi told reporters.

"Senator McCain intervened, and now we have a situation where the contract may be - this work may be outsourced."

The air force originally chose Boeing to supply it with 100 tankers. But Congress cancelled the deal after it emerged that Darleen Druyun, a former top air force acquisitions official, had held illegal job discussions with Boeing while still negotiating the deal. Ms Druyun admitted boosting the value of the deal to help Boeing.

Mr McCain has pointed to his aggressive investigation into the Boeing deal as evidence that he is willing to stand up to powerful corporate interests.

The tanker scandal claimed the career of former Boeing chief executive Phil Condit. Ms Druyun and Mike Sears, Boeing's former chief financial officer, were sent to jail.

The suggestion by Ms Pelosi came as Boeing supporters on Capitol Hill opened a new line of attack against the deal, which ultimately could be worth more than $100bn as the air force replaces its entire fleet of about 600 in-flight refuelling tankers.

Pat Roberts, a Republican senator from Kansas, where Boeing has a strong presence, claimed the decision to award the deal to EADS and Northrop Grumman, its US partner, ran counter to US trade policy.

Mr Roberts said the decision "defies common sense" because the US was pursuing a subsidies case against Airbus, a subsidiary of EADS, at the World Trade Organisation.

"This is an outrage. It truly makes me question our trade agenda," the Kansas senator told the Senate finance committee.

Mr Roberts' attack follows a spate of criticism in Congress. The decision stunned most analysts, who expected Boeing, which has supplied the US military with in-flight refuelling tankers for five decades, to win.

Boeing will have 10 days to lodge a protest with the Government Accountability Office, the oversight arm of Congress, after it receives an air force briefing. / Companies / Aerospace & defence - Pelosi points finger at McCain on Boeing
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post #10 of 14 (permalink) Old 03-07-2008, 05:22 AM
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Mr. Roberts' outrage causes me to truly question our trade agenda. Why put something out for bid if you're going to get pissed off when your guy doesn't win? What a crock of bullshit.
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