Ben Myselis
π€ SpeakerAppearances Over Time
Podcast Appearances
It's bizarre.
i'll just jump off that then i'll show janine piero in a second right spirit airlines declares bankruptcy this weekend spirit airlines puts out a statement it's because the high jet fuel prices that were unexpected as a result of this catastrophic war spirit airline says it's the jet fuel prices that's why we're aware that they did two bankruptcies and tried restructuring and that they were struggling now they're shut down shut down not opening up 7 500 employees lost their job
There were 17,000 in total who lost their job.
But then immediately, I mean, immediately after Spirit announces that they're going bankrupt, what does the Trump regime do?
Oh, it was Biden's fault.
Back in 2022, that's what they go back to.
In 2022, there was going to be a merger between Spirit Airlines and JetBlue, and the Biden administration blocked the merger, and that's what did it.
They don't say the part that in 2024, it was a Reagan appointed judge who presided over the case and issued 100 plus page ruling that said that the merger violated antitrust laws.
And the Trump regime also doesn't say that JetBlue
right now is like eight to nine billion dollars in debt and hasn't made a profit in a very very very long time and that what likely would have happened if you combined the in if you combine spirit with jet blue and the contagion of the higher it's not like it's easy contagion to identify which is the high jet prices if you put both of them together and saddle jet blue with additional debt and additional crises from
spirit you likely now would have had both entities going bankrupt and i'd pay very close attention right now to jet blue because its founder said they're in real risk of potential bankruptcy uh the current leadership was a little bit different than the founder says how we don't we don't expect bankruptcy in 2026 but as jet fuel prices continue to go up i would pay attention to that and other budget airlines and what's going on there also donald trump was the one who claimed that he created a golden age and everybody's doing good
and he was going to fix the you know you know trump took over into took over a portion of intel trump was the one who ultimately let spirit go bankrupt and that was apparently done in coordination with other airline ceos from what i've heard and you know and and that was a trump thing
This was a Trump bankruptcy.
Jordy, as you said, Biden's been gone for a long time.
You can't say we're in a golden age.
Things are amazing.
Everyone's great.
$21 trillion have been brought in.
This is the golden age.
And then a bankruptcy happens.