Happy 100th birthday Sir David Attenborough! Applause and plaudits from around the world! But wait!
So Spirit Airlines is dead. RIP to budget flying in the USA. Domestic flights are far too expensive even during normal pricing. The article says they were in the the danger zone since the pandemic. A deal was made with creditors but then the Iran war happened. A government bailout was discussed where the government would buy the majority of Spirits shares but that was struck down by other airlines and republicans. Now they’re talking about how the airline market will be healthier and more competitive.
This timeline genuinely hurts. Trump also keeps escalating the oil war that killed Spirit (feels symbolic)
. Man, there just has to be a light at the end of this tunnel. And I hope that light isn’t a fiery death.
To be fair, less competitors do make the market more competitive.
Wait… ![]()
I saw someone blaming Biden for scotching an earlier attempt of a deal.
Yeah, Fox News is running with it. More Perfect Union does a better job at actually investigating it.
Yeah it just sucks and it sucks even more to see the usual suspects trying to twist this into some finger pointing fest. People were stranded. I just talked to my mom about it and found out my cousins flew to Las Vegas for a fun weekend and got stuck. My aunt had to go get them and they ending up paying a MUCH higher price to get back home. I think thr article said that 17,000 people will be out of a job. Sure. Maybe we’ll see more competition in however many years it takes a new airline to fill the void. Maybe. The actual world has been moving toward consolidation and higher prices because that benefits the people in power. Flying domestic already sucked in America and now I’m sure it’ll just settle at a higher price without the cheapest option around (even after the oil prices calm down).
Anyway here’s a Hank Green positivity video to balance things out: https://youtu.be/qVu2qnlQcvM?si=vdfEwsSM9qnR8QJm
Also for fun this is the YouTube Skit I watched to randomly find out Spirit unalived itself: https://youtu.be/SrrIFnlP45w?si=uhJbXgUzwHIcSObN
Yeah it sucks ass, what’s telling though is that Ken Griffin whose been going on interviews to talk about how terrifying having to paid taxes is(in 1950, taxes rate for coporations was 91 percent, tje amount they’re being forced to pay now is nowhere close to that, it’s a rounding error for them.) because Mamdani called him out for owning the most expensive pent house in NYC.
Is the owner of one of the 3 pension funds that decided to kill the airline instead of getting the bail out, because they get more money from doing so.
I need people to doom scroll with me, because the actual hell is going on with the economy and stock market?
I had to re-watch the skit to see if I heard it right. I literally blinked and now Nvidia is worth 5+ trillion USD. Wtf???
I looked it up and they’ve gone from like 150 billion USD at the start of 2020 to 5 trillion now…?? That’s not okay
. It was steady growth and decline with the gaming and tech boom during the pandemic. They settled at between 300 and 500 billion market cap in 2022, but then just blew up with AI. This is a terrifying bubble. The worst part is that it’s not even creating temporary real value or jobs. The economy and job market are also doing awfully as a few people and the wealth gap grows. It is insane to me that people could look at this reality and think anything is okay. Well I guess they just don’t care. It’ll all come crashing down and they’ll keep being the rich and powerful.

