Originally Posted by Ex Douglas Driver (Post 10309300)

I think that "Unitedabx" is an attempt at a Russian-esque misinformation campaign - managed by whom, I leave that up to you. Snippets of reality interspersed with loads of BS, blatant lies and malicious intent. Note that all "he" spreads on here is destabilising pilots, our union and our unity, at a time when it needs to be strengthened. Not one of his predictions have been shown to be correct, but have surely caused some here to wrongly start doubting the correct side of the argument.

Originally Posted by unitedabx (Post 10309981)

You guys honestly. You are amateurs in the world of online chat and blogging. Amateurs. You change your ATM password every few months don't you. No. Then you are idiots. Even the banks tell you to. So I and others change our names. FFS wake up.

Misdirection again... (and who the hell uses cash anymore anyway...?)...:rolleyes:

Originally Posted by unitedabx (Post 10310688)

Depends on what you're buying and who you want to let know you are spending. Cash is king remember and every electromic transfer is traceable.

Originally Posted by OK4Wire (Post 10311463)

Cash is king because it is private.

Anything electronic essentially requires .gov approval (passive or otherwise).

I don’t disagree about the privacy issue, but the phrase “cash is king” refers to the following...

"Cash is king" is an expression sometimes used in analyzing businesses or investment portfolios. It may refer to the importance of cash flow in the overall fiscal health of a business. For investors it may also describe times when it is advantageous to have a large percentage of cash or short-term debt instruments available either due to falling financial markets or due to the availability of investment opportunities.

The phrase was a favorite of Alex Spanos and has sometimes appeared in Motley Fool articles and commentaries. It describes the importance of sufficient cash as an asset in the business for short term operations, purchases and acquisitions. A company could have a large amount of accounts receivables on its balance sheet which would also increase equity, but the company could still be short on cashwith which to make purchases, including paying wages to workers for labor. Unless it was able to convert its accounts receivable and other current assets to cash quickly, it could fail and be technically bankrupt despite a positive net worth.

The origin of ”cash is king” is not clear. It was used in 1988, after the global stock market crash in 1987, by Pehr G. Gyllenhammar, who at the time was Chief Executive Officer of Swedish car group Volvo.

The phrase was widely used during the global financial crisis, which started in the fall of 2008. In the recession which followed the financial crisis, the phrase was often used to describe companies which could avoid share issues or bankruptcy. ”Cash is king” is relevant also to households, i.e., to avoid foreclosures.


... Notice how privacy is NOT the issue to which this phrase is relevant. When pilots misuse terms like this, we just look dumb to those in finance and indeed those executives “leading” CX. It’s akin to bad grammar.