M. Wolfe Thus Quotations

I forget very fast and want to record thus simply impress.

We continue to believe that the President is under some pressure to not appear anti-labor, and thus will probably not intervene until some time next week at the earliest. But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which appears to increasingly be at risk the longer the port disruption continues.

We continue to believe that the president is under some pressure not to appear anti-labor, and thus will probably not intervene until sometime next week at the earliest, ... But despite his recent popularity with the Teamsters and the AFL-CIO, Bush will, in our view, most likely choose to protect the economy, which increasingly appears to be at risk the longer the port disruption continues.

It's unclear who the standard bearer of such a move would be as long as the official opposition and the renegade coalition faction are distinct electoral vehicles and thus do not have a single candidate. So such a move could turn out to be damaging for the opposition and expose their divisions. At this point, more anti-government loud noise would probably make them more comfortable than forcing such a vote.

The competitive environment underscores the necessity of US Airways becoming part of a larger network and thus we remain fully focused on our merger with United Airlines.