5/12/26

Elizabeth Warren is wrong to blame only the Iran War and high jet fuel prices for the demise of Spirit Airlines. It’s been in the making since the Biden Administration who, in their anti-trust zeal, nixed a merger between Jet Blue and Spirit airlines that could have saved the latter. But we’re glad that the Trump Administration’s $500 million dollar bailout fell through as it’s reminiscent of Obama’s own $500 million attempted rescue of solar energy company, Solyndra, that went bankrupt anyway. We still say that the government should not be picking winners and losers in American industry