5/5/26

Elizabeth Warren is wrong to blame the Iran War and high jet fuel prices for the demise of Spirit Airlines. It’s on 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 $500 million 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.