I don't get it?

Can someone explain the airlines business strategy to me?

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In Economics we all learned the law of supply and demand. Were the airline business people out of school that month? Every flight is packed yet the airlines continue to lose money because of high fuel prices and pretty soon they will be installing pay toilets in aircraft. Read More...
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California's bad decisions

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New York City has long been the highest tax jurisdiction in the United States, but California politicians are proposing to steal that brass tiara. California faces a $15 billion budget deficit and Democrats who rule the state Legislature have proposed closing the gap with a $9.7 billion tax hike on business and "the rich." There's a movie that describes this idea: Clueless. If they want to drive people away from California the idea to raise taxes on business and residents is beyond absurd. Read More...
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Airlines don't get it!

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The airlines just don’t get it do they? First they can’t make money “because their business model didn’t anticipate the high cost of fuel” and now they are taking away the last bit of service by charging for peanuts and soda. How could the airlines not anticipate that fuel would go up? What the hell are all these high priced executives doing in the office surfing the Web? Read More...
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Lenders trying to shake responsibility

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Well for once the Federal Government is right...rules on mortgage lenders need to tightened. The poor loans they made are largely responsible for the mess we are in right now so new regulations are needed. Among the new regulations proposed by the Fed are regulations requiring lenders to explain the "hidden fees" as well as ensuring that people who get the loans can afford the loans. You would thing that the mortgage industry would embrace this proposal but you would be mistaken. Read More...
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Why music sucks today

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I was making a CD for a friend of mine and while I was combing through my iTunes I realized that there just isn't any good music out there anymore. I mean I don't want to sound like an old fart but when I was growing up we had Hendrix, The Beatles, Cream and the doors. Now we have Justin Timberlake and Brittany Spears and frankly neither of them can hold a candle to real musicians. Read More...
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