Tuesday, November 29, 2011

The Next To Last Morning Of November Thinking About Bankrupt American Airlines & Other Fort Worth Corporate Boondoggles

The steamy view through my primary viewing portal on the world is not due to a freezing frost on this next to last morning of the next to last month of 2011.

It is yet one more clear blue sky dawn of a new day semi-deep nowhere near the heart of Texas.

Currently heated to a chilly 37 degrees.

If the temperature predictors are correct it looks like Thursday may be the first day in several that the 24 hour average is 50 degrees or above, thus warming the water I swim in sufficiently to make going swimming doable.

Elsie Hotpepper has gone missing. Again. Even though she sent me an email telling me she has not gone missing. Again.

The most troubling news this morning was that American Airlines has filed for Chapter 11 Bankruptcy. American Airlines is one of the few big corporations based in Fort Worth. Along with Radio Shack and Pier One Imports. There may be others I am not aware of.

I'm not sure if Pier One Imports is still in business. They built themselves a very nice corporate headquarters near the Trinity River and then soon had to abandon their nice new corporate headquarters to Chesapeake Energy so Chesapeake Energy could have a nice new building from which to run its shadow government of Fort Worth.

I am almost certain that Radio Shack is still in business, even though Radio Shack also abandoned its very nice new corporate headquarters in downtown Fort Worth. I think Radio Shack may still lease a room or two in its former corporate headquarters, but it has mostly been taken over by Tarrant County College.

It is interesting how Fort Worth's scandals and boondoggles intersect.

Fort Worth abused eminent domain to take away a public housing project so the land could be given to Radio Shack. Radio Shack then took away Fort Worth's free parking lots and subway which used to make visiting downtown Fort Worth pleasantly easy.

Meanwhile Tarrant County College began building a very expensive new downtown campus that eventually turned into a boondoogle that was costing too much. So, that construction was scaled back with the majority of the new downtown campus moved over to the then mostly abandoned Radio Shack corporate headquarters.

And now American Airlines is bankrupt. If AA goes out of business that is going to leave an awful lot of open slots at D/FW International Airport.

I wonder what causes corporations headquartered in Fort Worth to have such woeful woes?

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