You Sorry Bastards

vantexan

Well-Known Member
They don't have to. There's nothing pressing going on. No RLA worries, no concerns about having the contractor model seriously challenged. They can keep Ground growing at it's current 8% and HD at over 20% with no threat. This indictment is in it's early development and one thing this company never, ever does is change course quickly.
Not to mention that if they go after UPS too aggressively a very unsympathetic administration will likely go after them to protect the Teamsters. Which may be what's happening now. If the Repubs are in the White House in 2017 look for FedEx to really push UPS.
 

MAKAVELI

Well-Known Member
Not to mention that if they go after UPS too aggressively a very unsympathetic administration will likely go after them to protect the Teamsters. Which may be what's happening now. If the Repubs are in the White House in 2017 look for FedEx to really push UPS.
Don't worry there won't be a republican in the white house for a long time.:cool:
 

MAKAVELI

Well-Known Member
They don't have to. There's nothing pressing going on. No RLA worries, no concerns about having the contractor model seriously challenged. They can keep Ground growing at it's current 8% and HD at over 20% with no threat. This indictment is in it's early development and one thing this company never, ever does is change course quickly.
More pipe dreams Sam.;)
 

bbsam

Moderator
Staff member
If they could be making more $ they would. The truth is they have spent so much over the years keeping their scam going and the teamsters out that they can't just simply flip a switch. They have painted themselves in a corner and are now praying this goes their way.
Wow. Under that scenario, you'd think they were just barely eeking out a profit.

8% for Ground and over 20% for HD is very strong growth. They could do more but there really isn't any need to rush it.
 

MAKAVELI

Well-Known Member
Wow. Under that scenario, you'd think they were just barely eeking out a profit.

8% for Ground and over 20% for HD is very strong growth. They could do more but there really isn't any need to rush it.
And all these lawsuits will eat that growth and profit up. It's truly hilarious that you think this company is untouchable and excluding another terrorist attack nothing can hurt this company. Right now this company has lawsuits and these criminal charges which could reach $2 billion. It's a house of cards that eventually will tumble.
 

bbsam

Moderator
Staff member
And all these lawsuits will eat that growth and profit up. It's truly hilarious that you think this company is untouchable and excluding another terrorist attack nothing can hurt this company. Right now this company has lawsuits and these criminal charges which could reach $2 billion. It's a house of cards that eventually will tumble.

I find your grasping at every event as proof that Fedex is about to fall simply ridiculous and completely lacking in any critical analysis.
 

MAKAVELI

Well-Known Member
I find your grasping at every event as proof that Fedex is about to fall simply ridiculous and completely lacking in any critical analysis.
And I find your blind faith in FedEx and justifications for their wrongdoings sickening. Fred is playing poker with the DEA . Not a wise move. I think he is getting senile in his old age.
 

vantexan

Well-Known Member
Do you mean that? Because that Would include borrowing now when interest rates are effectively 0%.
But we can trim the budget to get as close to balanced as possible. We borrow to spend, and that's gone ballistic. Printing money to service debt is never a good idea, and the Dollar has suffered. Look into what the BRIC nations are doing, a real threat to the Dollar as the world's reserve currency.
 

bbsam

Moderator
Staff member
But we can trim the budget to get as close to balanced as possible. We borrow to spend, and that's gone ballistic. Printing money to service debt is never a good idea, and the Dollar has suffered. Look into what the BRIC nations are doing, a real threat to the Dollar as the world's reserve currency.
oh stop. That "waste fraud and abuse" stuff never happens. Social Security, Medicare, an Military are where the money is.
 

fedex_rtd

Well-Known Member
Over the past year FedEx has been buying back a lot if stock shares.....I wonder if the stock buy back is somehow tied into this.

Is the company trying to artificially inflate the price of stock, for a golden parachute plan for the executives if this thing goes tits up???

How bad are YOU exposed if the worst happens and the company declared bankruptcy like so many other "airlines" have???????
 

Cactus

Just telling it like it is
Over the past year FedEx has been buying back a lot if stock shares.....I wonder if the stock buy back is somehow tied into this.

Is the company trying to artificially inflate the price of stock, for a golden parachute plan for the executives if this thing goes tits up???
Very good point.

I'm sure Fred & Co. will continue to enjoy the finer things in life regardless.
 

vantexan

Well-Known Member
oh stop. That "waste fraud and abuse" stuff never happens. Social Security, Medicare, an Military are where the money is.
And they were where the money was under Bush but we didn't have trillion dollar deficits then, not by a long shot, and Bush spent plenty. Why can't you understand that we count on foreign governments to buy our treasury bonds to pay for these programs(which don't even include Social Security, which is paid for by payroll taxes and only recently started running a deficit)? Those BRIC nations(Brazil, Russia, India, China, and South Africa)are concerned that the bonds they buy are being repaid with inflated dollars thus losing them money on their investment. They are talking, real meetings, not some rumor, about using a basket of currencies rather than the Dollar for their reserve banking needs. If the Dollar stops being used as the world's reserve currency we are in serious financial trouble. And if we continue to print money and inflate the currency, it becomes a very likely scenario. Instead of just passing it off as FOX News hysteria look into it.
 

fedex_rtd

Well-Known Member
And they were where the money was under Bush but we didn't have trillion dollar deficits then, not by a long shot, and Bush spent plenty. Why can't you understand that we count on foreign governments to buy our treasury bonds to pay for these programs(which don't even include Social Security, which is paid for by payroll taxes and only recently started running a deficit)? Those BRIC nations(Brazil, Russia, India, China, and South Africa)are concerned that the bonds they buy are being repaid with inflated dollars thus losing them money on their investment. They are talking, real meetings, not some rumor, about using a basket of currencies rather than the Dollar for their reserve banking needs. If the Dollar stops being used as the world's reserve currency we are in serious financial trouble. And if we continue to print money and inflate the currency, it becomes a very likely scenario. Instead of just passing it off as FOX News hysteria look into it.

Why is it, that when topics are REALLY critical of FedEx, someone has to try and derail the topic into politics. How about we stay on topic here.....it's about FedEx and drug trafficking charges.
 
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