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FAA to Fine American Airlines $24.2 MillionPosted on Aug 26, 2010
The FAA has proposed its largest fine ever over maintenance violations, which in this case could have caused fires and explosions, according to the regulator. American Airlines can appeal the fine, more than twice as large as the previous record-setting penalty.
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By RAE, August 27, 2010 at 4:23 pm Link to this comment
Just suppose American Airlines actually pays the fine… where does the money come from and to whom does it go?
Answer to the first part… the money comes from you and me… the travelling public. You don’t think American Airlines executives and stockholders are going to poney up that kind of money, do you? Nope… the money comes straight out of our pockets and straight into the FAA’s.
And what does the FAA do with it? Why… turn it over to the government, of course. What do we call this kind of transaction, class?
Right… TAXATION!
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