Wirbelsturm
I have to disagree, the FAA is just acting to avoid repeat embarrassment. No balls where grown, such would act against it’s own interests.
The answer is less government, not more. The reason Boeing has, and continues to make such poor decisions, is that government always comes to pay the bill when it all goes bad. Sadly, you see it in all big industries, not just Boeing. Removal of moral hazard has destroyed them all.
If Boeing had to pay for their own messes, they wouldn’t make them in the first place. And if they did, they wouldn’t be around and the free market would fill the void.
Thats the way of big business these days. They lobby government to kill the competition with over-regulation, then they offload all the losses to the taxpayers.
Boeing “refused” the last bailout, opting for super cheap money from bonds, courtesy of the Fed. That’s like you refusing money offered by your Dad, but then turning around and asking mom for a 0% interest, no time-limit loan.
Get rid of the Fed and most of the world’s problems would sort themselves out.