OMG SOCIALISM OMG

I am sick and tired of hearing lumpen-filibusters about the evils of the Federal Government's new role as an owner of GM. The general course of one-way discussion is that Government-owned enterprise produces nothing of worth. No one has yet been able to explain to me why this is true.

Therefore, I took a few minutes to do some hardnosed case-study research on my own. Since the Paris Air Show was just last last week, I compared the leading aircraft manufacturers, the Governement owned and controlled Airbus versus the Boeing Corporation.

So, how are these two competitors performing these days?

At the air show, Airbus took orders for 108 aircraft, versus a whopping total of 2 orders for Boeing.

Point to Airbus, 15 love.

I thought this seemed pretty lopsided, until I dug deeper to seek the root causes of this discrepancy - I needed to be sure Boeing's sales staff hadn't developed leprosy last week.

Apparently, buyers have gotten cold feet over Boeing's apparent inability to deliver its latest model at any time or any place. They actually cancelled the heavily promoted demonstration flight that was to introduce the 787 Dreamliner to the world at last week's air show. Oopsy, It can't fly just yet. This liner of dreams lives only in our dreams.

Point to Airbus, 30, love.

What will happen once Boeing finally gets its 787 from a Dream-liner to Real-liner? Bloomberg projects more difficulties for Boeing.

From Bloomberg:

"The 787 had considerable early sales success, which forced Airbus to respond,” Raymond Jaworowski, senior aircraft analyst at Newtown, Connecticut-based Forecast International, said in a note from the Paris show. “However, the A350 is more than simply a 787 competitor. Airbus has positioned it to cover a broad spectrum of the widebody market.”

Point to Airbus, Advantage Airbus

The A350 is scheduled to enter service in 2013, giving Airbus two 300-plus seat models less than six years old to range against the 777, which debuted in 1995, the 767, dating from 1982, and the 747 jumbo, an aircraft that was delivered to airlines the year after man first landed on the moon."

Game Point, Airbus

In short Bloomberg is saying the Socialist Airbus is and will continue to offer its customers more desireable products and more innovation than the market-driven Boeing. I never thought I would live to see the day where Bloomberg admits Socialism meets customers needs better than capitalism.

Perhaps Government owned enterprise has its place in the world.

That's my story and I'm sticking to it.