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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Let Spirit die

Let Spirit die

Scheduled Pinned Locked Moved General Discussion
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  • MikM Offline
    MikM Offline
    Mik
    wrote last edited by Mik
    #1

    I agree with this. Bad idea.

    https://www.msn.com/en-us/money/markets/capitalism-works-because-the-losers-die-kevin-o-leary-says-it-s-a-really-bad-idea-for-the-federal-government-to-bail-out-spirit-airlines/ar-AA21QBXJ

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

    1 Reply Last reply
    • Doctor PhibesD Online
      Doctor PhibesD Online
      Doctor Phibes
      wrote last edited by Doctor Phibes
      #2

      Privatisation of companies to serve the greater good.

      Isn't there a word for that?

      I was only joking

      jon-nycJ 1 Reply Last reply
      • taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote last edited by
        #3

        Why is the government getting inolved with this specific airline? Quite a few airlines have gone bankrupt over the past years, probably some of them bigger than Spirit.

        jon-nycJ 1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote last edited by
          #4

          I suspect it has to do with the midterms.

          "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

          1 Reply Last reply
          • taiwan_girlT taiwan_girl

            Why is the government getting inolved with this specific airline? Quite a few airlines have gone bankrupt over the past years, probably some of them bigger than Spirit.

            jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote last edited by jon-nyc
            #5

            @taiwan_girl said:

            Why is the government getting inolved with this specific airline? Quite a few airlines have gone bankrupt over the past years, probably some of them bigger than Spirit.

            Because Trump believes in partially nationalizing companies when the opportunity arises. No other presidents have. Even on the rare occasions when the government bailed out strategically important industries they got Congress involved and had the companies issue preferred debt to pay us back.

            Person. Woman. Man. Camera. TV.

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            • Doctor PhibesD Doctor Phibes

              Privatisation of companies to serve the greater good.

              Isn't there a word for that?

              jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote last edited by
              #6

              @Doctor-Phibes said:

              Privatisation of companies to serve the greater good.

              Isn't there a word for that?

              IMG_2131.jpeg

              Person. Woman. Man. Camera. TV.

              1 Reply Last reply

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