Dear CIGAs,

As a pilot myself, I do not like flying connector airlines. Generally they use low hour pilots that look to me as if they might just be out of grade school.

The recent and terrible accident in Buffalo, NY, wherein the commuter aircraft did a total pratfall (belly first, straight down) means their ship stalled in the air. Stalled is when a plane stops flying and just drops like a rock.

The conditions were known to be icy. Having flown in such conditions, I know what the powerful light is used for that illuminated the engines and wings. That is so you can inspect for ice and the operation of the ice boots.

Since it was a prop plane, ice from the blades should have been hitting the fuselage, sounding like incoming .50 cal rounds.

That accident is more than likely pilot error. No way am I going to fly Yippee Do Air operated by some major name. Ever wonder why they are separate corporations of the major?

Obama last night:

“All you have to fear is fear itself.” That sums up last night. Soon we will have fireside chats every week.

If nothing has scared you yet about the future, last night should have. All this massage of a public was useless then, as it will be now.

Nothing has changed. Trying to PR a change is like telling a TB victim they are just fine and sending them to the mall to infest hundreds.

Swiss account holders need not panic.

The Swiss are not about to rush to hand over names, addresses and social security numbers of account holders.

The process requires the IRS to present the Swiss authorities with proof of tax evasion after which the Swiss will allow the entity to defend itself of the charges in Switzerland.

Now this is legally somewhat of a cart before the horse. If you do not have the dealing information of an account but are simply requesting it you have no evidence to present. That is not a smoking gun of a crime.

This entire procedure moves so slow that it will be in the next ice age when the procedure culminate, if they ever do.

As far as embargos on UBS state side assets, the IRS can have them. They are primarily bankrupt toxic paper OTC derivatives.

Of all international banks, UBS distinguished itself as the major manufacturer and distributor of now totally defunct OTC derivatives, therefore what is there for them to lose except a few executives in the US doing time, and the rest non US executives not traveling to the US anytime in the next 100 years.