The Trump administration has proposed $50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic. But critics are deriding it as a bailout to an industry that made bad financial decisions. Resistance to the plan emerged among Democrats and even some Republicans. They’re concerned that extra money … Continue reading Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years.
Well… He was speaking in front of bankers in Frankfurt, so had to pay his allegiance to the banks, which the Greek people have been bailing out over and over again at … Continue reading Schaeuble: Greece is living beyond its means