Next time you hear the old canard about “cutting government regulations” and letting businesses oversee themselves, remember the Boeing story.
NETFLIX: “DOWNFALL: THE CASE AGAINST BOEING” REVIEW
I watched this 90-minute documentary tonight. It was just released on Netflix.
Produced by the team of Ron Howard and Brian Grazer who have given us so many terrific movies and documentaries, this expose lives up to expectation. What a great job of journalism exposing the willful neglect, utter carelessness, and rapacious greed at Boeing that ultimately resulted in hundreds of deaths and very nearly destroyed the American aviation industry as a manufacturer of commercial aircraft.
To be fair, Boeing was once a great company. Truly exceptional. It was the epitome of innovation and excellence in engineering. Boeing was the gold standard of airliners. Plus lots of other stuff.
Then, the giant corporate merger came. The suits in the boardrooms began the squeeze. So, executives started cutting corners. Slashing the number of employees. They balked on training. They lobbied against government regulation. Workers who raised safety concerns were demoted. The stockholders made barrels of money and the CEO made out like a bandit. Cutting corners worked. Then, came the crash of a Boeing aircraft. Then, another. Oops! Two brand new Boeing jets. In pieces. Hundreds of people were killed, with no survivors. Then, the cover-up began. You know, the corporate culture at work. Happy Wall Street. Gotta’ protect the stock price!
Scumbags.
Even when they knew the problem was theirs, they tried to hide the truth. Boeing execs blamed others. Even with blood on the ground, they tried to ruin lives. Blame the pilots.
READ HOW BOEING’S SHITBAG CEO TRIED TO BLAME PILOTS, EVEN WHEN HE KNEW THE PROBLEM WAS BOEING’S
Watch this. Listen. Learn. Next time you hear the old canard about “cutting government regulations” and letting businesses oversee themselves, remember the Boeing story. This isn’t about profits. It’s about life and death.
Oh, and wait ’til you see what the CEO made when he was “fired” from Boeing.
NOTE: If those planes wouldn’t have been pulled from the sky and grounded after resistance from Boeing when they tried to blame the pilots, many more passengers would have died (FAA study reached this conclusion). This travesty could have been MUCH WORSE. Anyone who suggests “markets regulate themselves” has no clue as to reality.