Airlines Bailout Was More Justified Than Wall Street Giveaway. The Simple Truth is the American Taxpayer is the True Victim While he Global Elite Reap Colossal Personal Profit.
The airlines bailout after the 9/11 drop in passanger airline ticket sales was in large part a giveaway to an industry that was already suffering.
A Government Bailout for Detroit Automakers Will Only Compound Government Mistakes.
Throughout the recession there have been more and more bailouts being doled out to various companies in different fields.
First, the bank bailouts caused an uproar in many quarters as the government used taxpayer's money to give banks the money they needed to get back on their feet.
Americans are Criticizing the Airline Bailout Package for the Wrong Reasons.
We all know what an airline bailout package is, and in today's government and economy, there are few industries looking for bailouts to recover from the government's mistakes.
Top industries like the automotive industry and the airline industry are at the center of many heated debates on who is the most deserving of a bailout package.
The Airline Bailout: Saving an Industry?
Crucial economic events in 2008-2009 have caused an earlier airline bailout to be nearly forgotten.
But less than 10 years ago another sector of the American economy received a large sum of taxpayer money to keep businesses alive, at least temporarily.
The Airline Bailout Bill and Other Financial Crisis Have Been Orchestrated. As Free Enterprise is Bailed Out Then Taken Over by Government, a Fascist State Emerges.
Before the finance and banking crisis, the U.S. Congress passed an airline bailout bill. The airline aid package in 2001 cost taxpayers $15 billion.
It was structured as $5 billion in grants and $10 billion in loans. By 2007 around $560 million in all had been paid back on those loans to the Federal Government.
