by Jeffrey Tucker, Daily Reckoning:

Two weeks ago, Southwest Airlines had a massive meltdown but they weren’t the only airline affected. Flight delays ruined vacations and travel plans for millions the world over. It was never clear why.

Oh sure, blame the weather but that has become a strangely opaque excuse. You look outside and the weather seems fine but then someone snaps at you: Can’t you see that the snow is bad in Buffalo?