Thursday, April 30, 2015

This is venal TAP

Portugal's government needs to catch up on its reading;
"I am asking the pilots: think of your country, think of tourism, think of the economy, think of your company," Deputy Prime Minister Paulo Portas said.
To which we say, think of Adam Smith (1776) upside down;
Man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only.
Here's the nub of the problem for TAP (Transportes Aéreos Portugueses);
The pilots say the government has reneged on a 1999 deal under which they would receive a stake in the airline in the event of privatisation.
They are thinking of it as their company. They want their share.

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