“The industry has this concept that all people throughout the world are the same size. Aeroplanes always run on weight, irrespective of seats. There is no doubt in my mind that this is the concept of the future. This is the fairest way of you travelling with your family, or yourself.”
How does it work? – You declare your weight when booking a flight, then…
$0.57 per kg for domestic flights
$1.03 per kg for international flights
Someone weighing 150 lbs will pay
A 150 kg person flying one-way internationally would be charged $154.50
Children under 12 is charged 75% of the adult rate
The CEO Concludes…
“When the initial shock has worn off, there’s been nothing but support. People who are up around 200 kg recognize…they’re paying (for) 200 kg, so they deserve to get 200 kg of comfort.”
Rich people were rich before George Bush decided to give them trillions in two massive tax cut. The idea back then was that giving rich people more money would automatically result in the middle class and the poor getting more jobs. The idea was not a new concept, it was also tried over 30 years ago in the Reagan administration, thus bearing the name Reaganomics also known as Trickle-Down Economics. But all Mr. Bush succeeded in doing was a huge transfer of wealth from middle class America to the rich. And the country plunged into a massive recession comparable to the Great Depression of the 1930’s.
So naturally, Mitt Romney’s goal is to try the same tactics Bush failed at if he become president.
Mitt Romney is promising to extend the Bush Tax Cuts for the wealthy, in hopes that history would not repeat. His hope is under a Romney administration, wealthy Americans earning millions and billions of dollars would see the light and hire more people. Americans already lived through this disaster, but Romney is promising to do it all again.
In an interview with Bob Schieffer which aired on CBS, Romney was asked to explain how he plan to pay for yet another colossal tax cut to people who don’t need it. His answer basically amounted to – I don’t know how I’ll pay for it, but just trust me.
SCHIEFFER: You haven’t been bashful about telling us yo want to cut taxes. When are you going to tell us where you’re going to get the revenue? Which of the deductions are you going to be willing to eliminate? Which of the tax credits are you going to — when are you going to be able to tell us that?
ROMNEY: Well, we’ll go through that process with Congress as to which of all the different deductions and the exemptions —
SCHIEFFER: But do you have an ideas now, like the home mortgage interest deduction, you know, the various ones?
ROMNEY: Well Simpson Bowles went though a process of saying how they would be able to reach a setting where they had actually under their proposal even more revenue, with lower rates. So, mathematically it’s been proved to be possible: We can have lower rates, as I propose, that creates more growth, and we can limit deductions and exemptions.
In the clip below, Romney traveled to New York on the anniversary of Osama Bin Laden’s death. He is seen talking to Firefighters then later at a fundraiser, Romney tells his donors of a conversation he had with some of New York’s bravest.
Rachel Maddow reports;
“I spoke with a fireman yesterday,” Romney told his donors, “and he has a 1 bedroom apartment and his wife is pregnant, and he can’t afford a second bedroom. …I asked the firefighters I was meeting with, about 15 of them, how many had to take another job to make ends meet, and almost all of them had.”
Rachel Maddow, host of MSNBC’s The Rachel Maddow Show, then shows clips of Romney telling audiences that government employees are getting paid too much money, and if given a chance, he will cut government workers and workers pay.
Republicans in Congress have pledged their lives to Grover Norquist and his efforts to protect the rich. Norquist managed to get just about all the Republicans in Congress to sign his pledge not to raise taxes on the rich. And although the economy needs all the help it can get, Norquist and his Republican goons are sticking to their pledge, thus, sticking it to the American people.
But even the rich is seeing through the Vail of deception perpetrated by the Republicans and their pretense of patriotism, and their willingness to see the economy crash and burn for political reasons. And they, the rich, have come to save the day.
WASHINGTON (AP) — Lobbyists for a day, a band of millionaires stormed Capitol Hill on Wednesday to urge Congress to tax them more.
They had a little trouble getting in. It turns out there are procedures, even for the really rich.
But once inside, their message was embraced by liberals and tolerated by some conservatives — including the ideological leader of anti-tax lawmakers, who had some advice for them, too.
“If you think the federal government can spend your money better than you can, then by all means” pay more in taxes than you owe, said Grover Norquist, of Americans for Tax Reform, a group that has gotten almost all congressional Republicans to pledge to vote against tax hikes. The IRS should have a little line on the form where people can donate money to the government, he suggested, “just like the tip line on a restaurant receipt.”
One of the millionaires suggested that if Norquist wanted low taxes and less government, “Renounce your American citizenship and move to Somalia where they don’t collect any tax.”
Seems like Wall Street has found a friend in the Republican Party. According to a research done by The Center for Responsive Politics, Wall Street has moderately increased its donations to Democrats, while drastically increasing the payout to Republicans in congress. The Boehners of the world are finally seeing the rewards of their fight against Financial Reform materialized.
The research, that focused on the 2009 and 2010 donations by Wall Street, found in 2009 when the talks about Financial Reform were just talks, Democrats received the majority of all donations from the Finance, Insurance and Real Estate Sectors.
The Center also looked into the donations of Commercial Banks and Securities and Investment companies, and found the same to be true. Democrats were happy in 2009.
Then 2010 rolled around, and so did Financial Reform legislations. And the GOP, led by the Boehner, increased their opposition to any regulations of Wall Street. In one of his more famous speeches, the Boehner told American Bankers Association to fight!
“Don’t let those little punk staffers take advantage of you and stand up for yourselves. All of us are hearing from our friends and constituents on lack of credit, you can’t get a loan, the more your government takes and taxes, the more regulations you have to comply with the more cost you have there and less amount you are going to have available to loan to customers.”
Boehner however, wasn’t the only GOP congressman working hard for his increased donations from Wall Street. Mike Pence, (R) for Indiana’s 6th Congressional District had this to say;
“This bill can be summed up in two words: ‘government control’ and it will serve as the latest piece of the president’s job-killing agenda. This represents another defeat for Hoosier families, small businesses and family farms, who continue to wonder when Washington Democrats will set aside their big government programs and work with Republicans on ideas that can actually put Americans back to work.”
And Mitch McConnell, the Republican Senate Minority Leader did not want the Senate to even talk about Wall Street Reforms. In one of his more mind boggling statement on the subject, McConnell said;
“We can solve this problem. But we wont solve the problem if we vote for cloture tonight. A vote for cloture is a vote that says we’re done listening to the American people on this issue. And a vote against ending this debate is a vote for bipartisanship.”
Huh? In other words, if we continue to filibuster this issue, we will somehow eventually became bipartisan or the Financial Reform issue will die. Either way, McConnell earned his pay-raise from Wall Street.
It’s a simple equation. Democrats voted for the American people and Financial reform and saw no real change in their donations. Republicans went to bat for Big Banks and Wall Street and received their pay in the form of huge donations from Big Banks and Wall Street.
The report shows the following:
2009/2010 – 1st Quarter: Financial Sector:-
Democrats donations from Financial, Insurance and Real Estate went from $10.1 million in 2009 to $10.5 million in 2010. In the same quarter, this sector’s payout to Republicans went from $5.1 million in 2009 to $16.9 million in 2010
Commercial Banks:
Democrats went from $747,000 to $862,000 while Republicans pay increased from $505,000 to $1.4 million
Securities/Investment:
Democrats went from $2.8 million in 2009 to $3 million in 2010, while Republicans went from $881,000 in 2009 to $5 million in 2010
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