Terminal Velocity

From what I understand, terminal velocity is the maximum speed that an object reaches when falling towards the earth.  It accelerates constantly until it reaches X speed, then accelerates no more.

If indeed the earth is flat, and accerlerating upwards at a constant speed, why is terminal velocity experienced?  If the earth is accelerating at a constant and increasing speed, wouldn't the "falling" object continue accelerating until it's collision with earth?

From what I understand, terminal velocity is the maximum speed that an object reaches when falling towards the earth.  It accelerates constantly until it reaches X speed, then accelerates no more.

If indeed the earth is flat, and accerlerating upwards at a constant speed, why is terminal velocity experienced?  If the earth is accelerating at a constant and increasing speed, wouldn't the "falling" object continue accelerating until it's collision with earth?

Same as in RE: air resistance.
Gravitation=Acceleration yada yada yada
Equivalence Principle et cetera
http://en.wikipedia.org/wiki/Equivalence_principle

Air resistance still applies because the Earth is pushing air up along with it.

~D-Draw

Why is there an escape velocity? Why is it possible for a projectile to escape earth's gravity? Oh . . . I know, because the gravitational field is NOT UNIFORM! FE theory cannot explain that!! Therefore, it is crap!