Re: [PEN-L] obscene and ostentatious wealth

2007-02-16 Thread soula avramidis
in middle east also there disastroue conditions in iraq and palestine and 
lebanon.. and now the bank and the fund are meddling with syria and inflation 
on principal commodities is near 15% two year running- wages holding steady- 
exchange rate holding steady - genie coefficient rising- the reform package 
that is being supervised by the IMF is hurting the poor and swelling the assets 
of the rich in dollars. it seems the syrian regime is so pliant that it is 
saying to itself let us make a gesture of good will on the economic side so the 
the americans and their allies will spare us



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[PEN-L] obscene and ostentatious wealth

2007-02-16 Thread Michael Perelman
Frank, Robert and Daniel Michaels. 2007. "One 'World's Biggest Jet,' 
Please: Airbus to Sell Giant A380 to a VIP Customer; $300 Million, 
Interior Extra." Wall Street Journal (16 February): p. W 1.
"Now an individual customer is raising the bar, signing up for the 
largest passenger plane in history. European jet builder Airbus has 
signed a letter of intent with a Middle East buyer for one of its new 
A380s, which sell for about $300 million, according to John Leahy, 
Airbus's chief commercial officer for customers.  Commercial versions 
of this plane can be configured to seat as many as 853 passengers on 
two decks.  But this buyer, whom Airbus declined to identify, will 
spend an additional $100 million to turn the craft into a more 
exclusive conveyance Airbus calls The Flying Palace."
"New York-based jet-interior expert Edése Doret says he is designing 
the A380 for the customer, who he says is a head of state.  While the 
jet hasn't yet been built -- Airbus is as much as two years behind 
schedule for the A380 -- Mr. Doret says his plan includes two dining 
areas, a 600-plus-square-foot master bedroom and a game room.  His 
plans also call for a lounge with giant curtains that will mimic tents 
of the Arabian desert, and a fiber-optic mosaic that will depict a 
shifting desert scene.  Mr. Doret says he is including a whirlpool tub, 
believed to be the first in the air. To comply with Federal Aviation 
Administration regulations, the tub will have a rapid drainage system 
that can empty the standing water in seconds to a tank in the cargo 
hold. The plane is also slated to include a missile-defense system, he 
says."
"Being says the majority of private buyers for new planes are from the 
Middle East, but that Americans, Europeans, Russians and Asians are 
also starting to place orders.  The company says seven of its orders 
from private customers are for Dreamliners, and the other four are for 
747-8s, the planned update to its storied jumbo jet."



-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com