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Feds consider coronavirus
bailout for airlines

Original Article

Posted By: Ribicon, 3/16/2020 5:19:18 PM

Washington—White House economist Larry Kudlow confirmed Monday that authorities are looking closely at a bailout of the airline industry—though Kudlow said he prefers the term “liquidity fix.” Kudlow said that Trump administration officials are in touch with House and Senate leaders about options as the coronavirus outbreak tanks demand for flights. The administration does not believe airlines will fail, Kudlow said. But he added they are critical “channels” that cannot be allowed to close. “It’s not so much a bailout. Airlines are key channels in the economy, you’ve got to have them,” Kudlow said on the White House driveway. “This is more in our view liquidity help,

Comments:

Why certainly, Jean-Pierre, I would quite enjoy another glass of champagne. Is Manuel coming 'round again with another tray of canapés before dinner?

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Reply 1 - Posted by: chance_232 3/16/2020 5:44:36 PM (No. 348321)
Why just the airlines? Why not the entire travel and entertainment industries?
2 people like this.

Reply 2 - Posted by: DrOstrow 3/16/2020 5:46:28 PM (No. 348325)
Bailout ?? You mean handout don't you ? After all it's not YOUR money, is it congress ? Tell me, who else are you going to 'bail out' with pallets of cash ? Rental car companies, rail roads, WalMart for the hours of sales they have lost, Hollywood 'cause no one is going to see movies ? How about the oil companies for profits lost to declining oil prices ? The list is almost literally endless. But hey, these HANDOUTS of money we DON'T HAVE just might, might, put the final nail in the coffin of the United States economy and get rid of that disaster called Trump and finally, FINALLY allow the #$%^&* COMMUNISTS to get back to looting this country, lining their pockets and grabbing power whenever and where ever they can. There sure are a LOT of people fanning the flames of panic, and that's what is driving this thing, pure blind panic.
6 people like this.

Reply 3 - Posted by: planetgeo 3/16/2020 5:46:46 PM (No. 348326)
What about restaurants and bars? They were just summarily destroyed as if they are insignificant. These are our neighbors and community institutions. We should all share the burden of keeping them at some level of subsistence. THAT is more fitting and fairer than gratuitously providing "free healthcare" for illegal aliens. In fact have ALL government employees share the pain by having THEIR salaries reduced by some percentagein order to fund relief for the private companies that will be damaged. Otherwise,the guaranteed salaries of public employees arein effect paid time off.
8 people like this.

Reply 4 - Posted by: Lazyman 3/16/2020 5:48:30 PM (No. 348332)
I hope they don't help Spirit they gave me a partial refund to be used within two months. Real understanding, Huh?
2 people like this.

Reply 5 - Posted by: DVC 3/16/2020 6:01:11 PM (No. 348341)
NO! Just stop it.
9 people like this.

Reply 6 - Posted by: Mushroom 3/16/2020 6:06:26 PM (No. 348345)
Airlines are cutting flight not to keep us safer, but to increase profit. They are STILL going to pack us in like sardines and charge to have a bag..just on fewer runs. No sympathy. Think there will be a price cut because fuel just got dirt cheap? Don't bet on it.
6 people like this.

Reply 7 - Posted by: Alecto2 3/16/2020 6:25:28 PM (No. 348364)
The Greenie Weenie Nazis will be cheering on the demise of the airline industry and combustion engines in general - as long as their private jets are safe.
2 people like this.

Reply 8 - Posted by: Bill O Rights 3/16/2020 6:50:51 PM (No. 348384)
I can see helping them, but they need to reciprocate by not screwing over customers that have been caught up in this mess.
0 people like this.

Reply 9 - Posted by: stablemoney 3/16/2020 7:41:17 PM (No. 348404)
The American taxpayer does not receive insurance premiums, and is not an insurance company for worldwide disasters.
7 people like this.

Reply 10 - Posted by: Lawsy0 3/16/2020 8:52:34 PM (No. 348450)
The airlines do not need a bail out since they are keeping all the money that has already been paid for future flights and NONE of the money is refundable to the travelers.
3 people like this.

Reply 11 - Posted by: anniebc 3/16/2020 9:06:44 PM (No. 348462)
How about a bailout for the taxpayers? We can't earn money if everything gets shut down. We need a halt to taxation immediately. Obama judges, where are you?
2 people like this.

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