Don’t Sell Your Home – There May Be Nothing to Buy
Don’t Sell Your Home – There May Be Nothing to Buy – @TheStreet http://bit.ly/236RM6T My reporting
Don’t Sell Your Home – There May Be Nothing to Buy – @TheStreet http://bit.ly/236RM6T My reporting
Why You May Want to Book Your Next Hotel Room Directly – @TheStreet http://bit.ly/1SPbxAh My reporting
Grocery Wars: Where Is the Cheapest Basket? – via @TheStreet http://bit.ly/1Vy99OX My reporting
Do You Really Need a Realtor to Sell a Home? – @TheStreet http://bit.ly/1WKMlLe My reporting
By Robert McGarvey
Suddenly the world’s press is full of stories about Isis and the possibility of a “dirty bomb” – a crude nuclear weapon – detonated in Europe.
Britain has loomed especially large in that conversation and anybody who has been in London at rush hour can easily picture the horrific result.
Understand this: the probability is low.
Very low because security services are in high gear to anticipate and prevent.
And of course we also understand that low does not mean nil. And that possibility should scare the hell out of you.
The question: should you alter your travel plans to reflect new, more profound worries about travel and terror?
Is your career in jeopardy if you decline travel orders issued by your superiors? There’s a worry we have not much had since September 2001 but it is back and it is real.
More business travelers now are asking themselves exactly that question.
Indications are that business travelers definitely are concerned about terror and travel. A new poll via the Association of Corporate Travel Executives found 67% of executives said there was a “toll” on them, or their families, when they went to a place they deemed unsafe.
Most interesting is what is unsafe. According to the data, executives rank France a tad more worrisome than Turkey which is a bit more worrisome than Belgium.
They expressed little concern about Tunisia, I’m guessing because they have no plans to go there. The US State Dept. has expressed – loudly for it – concerns about Tunisia and, no, personally I would not go right now, even though I have never been and it houses some terrific Roman ruins I would love to see. But I would not put that on my dance card in 2016.
Personally, too, I would gladly go to France or Belgium, and I do not believe I would go to Turkey, despite liking Istanbul a lot and Ephesus even more.
Who’s right, who’s wrong? That’s the thing: you have to make your own call. That’s the 2016 reality. When Brussels – a city typically scorned as simply boring – turned into a charnel house, there’s a new reality at work and we all are piecing together our own responses. That’s the way it should be. Literally it may be our lives at stake. And if that’s how it is, I want to call my own shots.
What if your family is begging you to stay home? That’s your decision, too. I would not tell anyone to ignore the fears of a spouse, or a child. In a world where old beliefs – old senses of security – have been shattered by terrorists, a child may know every bit as well as a wizened elder.
I am writing this in a hotel room in Las Vegas – where I am attending a huge conference – and I admit I have no worries about terrorism in this town, which has some of the best security on the planet (maybe on any planet).
Next week I am in the New York area and, nope, have no worries about security.
I used to travel often to Belfast when a civil war was flaring and, no, I had no real worries about my security even there.
The usual advice still holds: avoid large crowds, avoid tempting targets.
Would I go to London? Oh, yes, would love to. I would avoid the tube in rush hour – especially the Circle Line – but I would do that without any threat alerts.
Would I decline an order from a boss to go to, say, Cairo?
Yeah, probably.
Should you? Could you? Indications are that rising numbers of executives are now chewing on these questions – especially as worries grow over destinations previously thought to be safe (Brussels for example). Many believe their companies will respect their concerns but others wonder if their career growth will be slowed.
That boss question will not go away. We will be hearing more of it, as more destinations seem to be possible terror spots. Who goes to Syria on business now? But in a global market, what US executives can shrug off all the cities on any terror watch, from Paris to Rome and Mumbai?
The decisions won’t be easy. Careers may be at stake. So may lives. The calculus is grim but it is real.
Don’t ask me what to do. It’s your life, your decisions.
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By Robert McGarvey
Call Ed Markey the senator from La Mancha. That is because he has launched an assault on airline fees, in legislation called the FAIR Fees Act, aka Forbid Airlines from Imposing Ridiculous Fees Act.
The backdrop of course is that airlines are getting fat imposing niggling fees on passengers. They pulled in over $5 billion in fees – for things like bag check – in just the first three quarters of 2015.
It sets a bad precedent too. Greedy hoteliers of course are racing to slap us in the face with resort fees – even when you are staying at, well, a resort. Or – worse – when you are staying at a city hotel with no obvious resort features. They really just want the $20 to $40 per day they believe they can squeeze out of us, mainly because they are envious of the airlines profits.
Markey of course is following in the footsteps of Senator Claire McCaskill who has been driving legislation to end resort fees.
Markey – cleverly – is trying to leverage debate off the present Senate discussions about reauthorizing the FAA. Some pro-consumer language already has made its way into the bill (e.g., requiring airlines to refund baggage fees when the gear arrives late).
But Markey wants more. His legislation’s intent: if enacted it “prohibits airlines from imposing fees, including cancellation, change and bag fees, that are not reasonable and proportional to the costs of the services provided.” The legislation also directs the Department of Transportation to review any other fees charged by airlines.
Markey stated his case: “Airlines fees are as high as the planes passengers are traveling on, and it’s time to stop their rapid ascent. In recent years, fees and ticket prices have gone up despite the fact that gas prices and airline choices have gone down. Airlines should not be allowed to overcharge captive passengers just because they need to change their flight or have to check a couple of bags. There is no justification for charging consumers a $200 fee to resell a $150 ticket that was cancelled well in advance. The FAIR Fees Act puts a stop to this fee gouging and will help ensure passengers are flying the fair and friendly skies.”
The text of the bill is here.
Note: Markey is not going after the ridiculous fees charged by airlines for bad food and drink in coach. Or the anemic WiFi. At least not now.
The bill very specifically states its targets: “(1) any fee for a change or cancellation of a reservation for a flight in interstate air transportation; (2) any fee relating to checked baggage to be transported on a flight in interstate air transportation; and (3) any other fee imposed by an air carrier relating to a flight in interstate air transportation.”
Nor does the bill say airlines cannot charge for such things. Just that charges have to be reasonable.
Markey by the way is not alone. His co-sponsor is Richard Blumenthal from Connecticut. Said Blumenthal, “This measure will ground the soaring, gouging fees that contribute to airlines’ record profits and passengers’ rising pain. With all the frills of flying already gone, airlines are increasingly resorting to nickel and diming consumers with outrageous fees. These runaway charges are anti-consumerism at its worst – in some cases doubling passenger fares despite plummeting fuel costs and soaring airline profits. A parent who wants to sit with his young child, a customer who wants to check or carry on a bag, or have Wi-Fi, or a traveler who needs to change or cancel a reservation should not incur exorbitant, unnecessary fees on the whim of an airline.”
The National Consumers League has weighed in on Markey’s side. Said the NCL: “Industry consolidation, cheap fuel, packed planes, and a never-ending list of fees have combined to drive airline industry profits to historic levels,” said Sally Greenberg, NCL executive director. “Now it’s time for the full Senate to step in and ensure that the industry’s profits are not coming at the expense of consumers’ safety and pocketbooks.”
Will this bill be enacted into law? Not likely with the present Congress. But come January 2017 things may look different.
We can also hope for – and push for – more transparency in pricing. I don’t want to tell a resort it cannot charge $25 for pool towels. But what pretty much all travelers object to are surprise, undisclosed fees.
The same principle applies to airline fees. Can airlines charge for a ticket change? Sure. But be transparent and keep the upcharge nominal. We’ll all be happier.
And won’t that be a change for airplane passengers.
#Medicaid Cuts Are Enraging Americans – @TheStreet http://bit.ly/1SwIjjk My reporting
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