The interesting thing of course is that if you go back in time….from Kitty Hawk, net, the airline transport business has made no money. Just think if you’d been there at Kitty Hawk and you’d seen this guy go up and all of a sudden a vision hits you that tens of millions of people would be doing this all over the world some day. It would bring us all closer together and everything. You’d think, my God, this is something to be in on. Despite putting in billions of dollars, the net return to owners for the entire airline industry, if you’d owned it all, and you’d put in all the money, is less than zero. If there had been a capitalist down there, the guy should have shot down Wilbur. One small step for mankind and one huge step back for capitalism.
Friday, 22 May 2009
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