Here we go again! Their idiotic scheme of flight caps never worked all these years, so they're trying to bring up their "market-based" approach by confiscating existing slots and auctioning them off. How is stealing property akin to a market-based solution? This administration really has no clue what they're doing. Mary Peters is truly an idiot.
http://www.nytimes.com/2008/04/17/ny...17airport.html
The federal Department of Transportation on Wednesday proposed auctioning landing and departure slots to airlines at La Guardia Airport to reduce persistent delays. The move drew immediate criticism from the Port Authority, Gov. David A. Paterson and Senator Charles E. Schumer.
The proposal, by Mary E. Peters, the transportation secretary, is part of the federal government’s drive to introduce market-based pricing measures for institutional users of airports, highways and other transportation facilities. Toll agencies, airlines and others who use these facilities have generally opposed such measures, arguing that the costs will ultimately be passed on to consumers.
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