I find that it is not worth debating his contentions against a federal bailout point by point, firstly because I am a bit ignorant about the economic position of Air Canada and the eventual governmental assistance, and secondly because our economic system is mostly on autopilot driven by the greedy mentality of the embedded businesses and politicians.

I am laughing as I think about the term "embed." This term has been used recently and incessantly by the conventional media to describe the position of all the American journalists who are covering the Iraqi war while they are patriotically in bed with their crusade: The Coalition of the Willing.

Anyhow, going back to the economic position of Air Canada, let me say that the airline industry is in deep trouble all over the world and that there is hardly a private White Knight, as suggested by Mr. Robinson, which could assist the economic position of Air Canada in the absence of any form of governmental protection.

References

Robinson, Walter Minister Collenette visits Stupid Investments R Us March 31, 2003 Canadian Taxpayers Federation http://www.ftlcomm.com:16080/ensign/editorials/LTE/robinson_CTF/robinsonlist/robinson049/stupidInvestments.html

CBC News No cash aid for Air Canada, minister vows April 1, 2003 http://www.cbc.ca/stories/2003/03/31/aircanaid030331

Barrett, Rick State delegates warm to airline aid. Senate GOP to propose $2.8 billion package (PDF) March 31, 2003 Milwaukee Journal Sentinel http://www.ftlcomm.com:16080/ensign/desantisArticles/2002_700/desantis779/airlineaid.pdf

Herald Sun Airline avoids bankruptcy (PDF) April 1, 2003 http://www.ftlcomm.com:16080/ensign/desantisArticles/2002_700/desantis779/USairways.pdf

Tran, Mark The airline industry slump. The airline industry is racking up huge losses after the suicide attacks on the US. September 20, 2001 Guardian Unlimited, http://www.guardian.co.uk/theissues/article/0,6512,554577,00.html