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View Poll Results: Can we let the Cruise lines fail
YES "Sink or Swlm on your Merits, Cruise Lines" 160 83.33%
NO "We cannot let the Cruise Lines go out of business" 32 16.67%
Voters: 192. You may not vote on this poll

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Old 03-27-2020, 04:33 PM
 
Location: NJ/NY
18,476 posts, read 15,266,337 times
Reputation: 14345

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Quote:
Originally Posted by danielj72 View Post
The economic misery is the fault of every overreaction the government and media has taken during this outbreak. Every closed business is the fault of a state or local government (usually blue state or liberal city). The market crash was in part incited by media panic. All done for the greater goal of seeing capitalism fail and replacing it with socialism.

Should cruises be sailing? Because they would be a net loss right now no they should not. Would it be wise as a customer to get on one. No it would not. The reason I don’t use them is because of all the sickness on the ships. Coronavirus is just one of the many things that can spread through those ships. Still millions enjoy them and it’s a major industry that provides economic benefits to the greater economy. Painting them out to be some kind of useless industry as some on here are is just just plain wrong headed.
So it seems you realize, as I do, unlike many of the other businesses, that the coronavirus would be a nail in the coffin of the cruise industry with or without any governmental restrictions. The industry was inherently flawed to begin with. So what is the argument for government intervention? If they didn’t break it, why should they be responsible to fix it?

That was my initial question, but on another issue, I think if you spent a day with me in my hospital, you might feel differently about the government’s “overreaction”. As much as people say, “This is no worse than the flu.”, having worked the last 25 flu seasons, we have never before had to turn all 4 of our ICUs into “flu ICUs” and create a makeshift ICU out of our recovery room for all the regular ICU patients.
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Old 03-27-2020, 04:46 PM
 
Location: Former land of plenty
3,212 posts, read 1,654,380 times
Reputation: 2017
Quote:
Originally Posted by craigiri View Post
I'd say ZERO should complain. But, hey, people complain about everything.

Putting the world in even minor perspective, middle class people went to Miami (and the like) in the early 1970's for a airfare of about $300 per person. With inflation that would be $1700 plus today.

Maybe you should look closer at the rising inequality instead of asking why you can't have Bread and Circus to entertain you cheaply??
I was flying up and down the I-5 at a fraction of that cost. Wow.
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Old 03-27-2020, 04:47 PM
 
Location: Somewhere below Mason/Dixon
9,472 posts, read 10,816,601 times
Reputation: 15982
Quote:
Originally Posted by AnesthesiaMD View Post
So it seems you realize, as I do, unlike many of the other businesses, that the coronavirus would be a nail in the coffin of the cruise industry with or without any governmental restrictions. The industry was inherently flawed to begin with. So what is the argument for government intervention? If they didn’t break it, why should they be responsible to fix it?

That was my initial question, but on another issue, I think if you spent a day with me in my hospital, you might feel differently about the government’s “overreaction”. As much as people say, “This is no worse than the flu.”, having worked the last 25 flu seasons, we have never before had to turn all 4 of our ICUs into “flu ICUs” and create a makeshift ICU out of our recovery room for all the regular ICU patients.
First I will say that I never said it was just like the flu. The stats suggest it is worse than the flu. It is also not Black Death. It ran through China and only killed 4000 (that they admit too). Is coronavirus bad? Yes it is. Does it justify shutting down the US economy and risking a depression? No it does not. A depression will kill more Americans than a rouge virus will, during the 1930s an estimated 7 million Americans died of malnutrition. What about the deaths from crime? Suicide?.....the death toll of a modern depression would be staggering. Our politically divided nation may break under the stress of a depression. Civil unrest or even civil war could be the outcome. How many would die the? World depression? The depression in the 30s fed the rise of fascism. Fascism caused World War Two. Do we really want to play with the consequences of a depression? I honestly believe we are better choosing whatever consequences come from the virus than what would come from a depression. I believe the butchers math would be in my favor.....less will die from the virus.

As far as the cruise lines, yes I acknowledge that they have a weaker argument for being bailed out. The government is not responsible for their misery the way it is the restaurant and hotel business. However the cruise industry employs a lot of Americans. Florida and Puerto Rico especially have a lot to lose if the cruise industry collapses. They do impact the lives of Americans even if you do not live in FL or PR.
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Old 03-27-2020, 04:54 PM
 
Location: Home is Where You Park It
23,856 posts, read 13,768,486 times
Reputation: 15482
Quote:
Originally Posted by michiganmoon View Post
Exactly, they moved their ships out of our country so they could avoid higher US corporate taxes. Now they want US tax dollars to bail them out. No way. Let them sink.

They also moved them out of the country to have weaker worker regulations so they can pay some Caribbean person $2 an hour with less work place laws than if they paid an American.

They wanted out of our system - let them have their wish. Some investors will likely scoop up the shattered pieces in bankruptcy and manage it better than they did.

If cruise lines were to disappear human life would function as is.
Pretty much.

I remember the bipartisan grassroots negative response to bailing out big auto companies.

And you can make a lot better case for bailing out GM than you can for bailing out cruise companies.
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Old 03-27-2020, 04:56 PM
 
45,676 posts, read 24,040,338 times
Reputation: 15559
Boeing is using this virus crisis to bail themselves out of their mess.

And he is going to let them.
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Old 03-27-2020, 05:36 PM
 
Location: So Cal
52,305 posts, read 52,748,112 times
Reputation: 52803
Quote:
Originally Posted by notnamed View Post
They should be bailed out by the countries the ships are registered in. None of which are in the US.
Assuming this is true, it sounds good to me. For me Cruise lines just don't seem as important as other industries, if we the tax payer are going to spend money I'd like to see it spent somewhere else.
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Old 03-27-2020, 05:39 PM
 
Location: Barrington
63,919 posts, read 46,780,510 times
Reputation: 20674
Again, Trump intends to help them out ( Grant? Loan? Loan guarantee? )

And he no longer needs the approval of Congress to do so.

Carry on.......
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Old 03-27-2020, 06:03 PM
 
45,241 posts, read 26,477,444 times
Reputation: 24998
Quote:
Originally Posted by moneill View Post
Boeing is using this virus crisis to bail themselves out of their mess.

And he is going to let them.
Like the cruise operators, Boeing can sell assets, borrow money from a bank, reorganize. No public money should be made available to any of them.
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Old 03-27-2020, 06:29 PM
 
Location: Barrington
63,919 posts, read 46,780,510 times
Reputation: 20674
Quote:
Originally Posted by moneill View Post
Boeing is using this virus crisis to bail themselves out of their mess.

And he is going to let them.
Boeing cannot bail themselves out.

A bailout requires a bailor and a bailee.

No clue if said bailout will be a grant, a loan, a loan guarantee or some combination thereof.

Trump is a strong advocate for bailing them out. He will not need the approval of Congress to do so.
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Old 03-27-2020, 06:32 PM
 
34,279 posts, read 19,392,167 times
Reputation: 17261
The only exception I would make is if they are US flagged. Given that that is 0% I believe, I think they should ask for help from the countries where they have their ships flagged under.
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