Government BAILOUT Spirit
Yesterday | 09:21 PM
#21
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Joined: Mar 2008
Posts: 142
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From: Bus Driver
First off, this isn't even close to socialism. This is government assistance/investment, with an equity stake (See Intel). Countless industries, companies and even individuals get assistance without any government stake in them. Just free money. Spirit is offering up to 90% equity stake.
Yesterday | 09:32 PM
#22
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Joined: Sep 2021
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First off, this isn't even close to socialism. This is government assistance/investment, with an equity stake (See Intel). Countless industries, companies and even individuals get assistance without any government stake in them. Just free money. Spirit is offering up to 90% equity stake.
Yesterday | 09:45 PM
#23
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Joined: Mar 2008
Posts: 142
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From: Bus Driver
The government would be offering financial assistance, and Spirit would back that with the collateral of up to a 90% equity stake to protect the government assistance. That's not socialism, that's strategic government aid (A common government strategy)
Yesterday | 09:50 PM
#24
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Joined: Sep 2021
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I'm not saying it's a bad thing, I'm just saying it literally is socialism. The government owning businesses is socialism, it's the actual definition. I'm not opposed to it, I think we've thrown aid money to companies for nothing in return for way too long, but you have to understand what socialism is if you're going to confidently claim it's not socialism.
Yesterday | 10:03 PM
#25
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Joined: Mar 2008
Posts: 142
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From: Bus Driver
I'm not saying it's a bad thing, I'm just saying it literally is socialism. The government owning businesses is socialism, it's the actual definition. I'm not opposed to it, I think we've thrown aid money to companies for nothing in return for way too long, but you have to understand what socialism is if you're going to confidently claim it's not socialism.
Today | 12:00 AM
#26
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Joined: Oct 2024
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90% equity stake in what? I seriously don’t understand what NK has that’s worth $500M.
Today | 01:29 AM
#29
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Joined: Apr 2022
Posts: 149
Likes: 37
Isn't this out of the Trump playbook over the years. He will float an idea that he has a solution to solve a problem: aka 500million. He doesn't have the ability or truly the desire to accomplish whatever it is that he has touted. But it drives the narrative while whatever he is set to fix dies on the vine. Trump phone, trump sneakers, Healthcare plan way too many other Trump plans that have never come fruition. I suspect that there will be a lot of pushback within the party as the mid terms are looking like a huge hurdle. The requiring a government bailout because of issues created by policies of the administration will just be political ads agains the party in the fall. Unfortunately, spirit is a pawn in this political theater.
Today | 02:43 AM
#30
Line Holder
Joined: Mar 2018
Posts: 379
Likes: 24
Maybe you guys should look into airlines that have had government bailouts. Were you saying this when American took $12 billion?
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downinthegroove
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06-03-2008 05:55 PM
