January 15, 2024
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15:01Now PlayingBoeing is once again in the spotlight for all the wrong reasons. This time, a door plug fell off an Alaska Airlines jet mid-flight. So, what's going on with Boeing? Glenn reads a piece from author Porter Stansberry, who breaks down 2 major decisions Boeing made that took the company from a poster child for engineering to a company facing possible bankruptcy: First, Boeing switched its focus from engineering to "financial engineering," and then, it fully embraced ESG. "We will continue to have planes fall out of the sky" as long as ESG is king. But that isn't just true for airlines, Glenn says: "Until our government gets away from this craziness, America's republic will keep falling out of the sky."
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