Salon.com | Trump wants do-over of failed airline fantasy — at taxpayers’ expense by Heather Digby Parton

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Donald Trump is proposing a taxpayer‑funded takeover of Spirit Airlines, which is facing bankruptcy and a possible $500 million government bailout, echoing his earlier, failed venture with the Trump Shuttle airline in the early 1990s that collapsed amid high fuel costs and a weakening corporate market. Critics from both parties—including Senators Tom Cotton, Ted Budd, Elizabeth Warren, and Transportation Secretary Sean Duffy—argue that Spirit is unsalvageable and that using public money to prop up a struggling private carrier would repeat past mistakes of bailouts that benefited executives rather than the public. The commentary frames the plan as another example of Trump’s “right‑wing‑socialism” approach of privatizing the state while socializing private losses, warning that such a move would add to the nation’s mounting economic challenges and could result in a taxpayer‑burdened “national joke” airline.

Read more: https://www.salon.com/2026/04/28/trump-wants-do-over-of-failed-airline-fantasy-at-taxpayers-expense/

#DonaldTrump #SpiritAirlines #TomCotton #ElizabethWarren #corporatebailouts #TedBudd #SeanDuffy

Stéphane Bancel became a billionaire during the pandemic - largely on the backs of U.S. taxpayers, without whom the NIH-Moderna vaccine, and perhaps even Moderna itself, would not exist.

https://www.citizen.org/article/hearing-on-moderna-corporate-greed/

#WallStreet #BigPharma #CorporateBailouts