Watch your wallet!
Kentucky taxpayers are about to be fleeced for a lavish bailout for the airline industry. While airline monopolies reject any attempts at regulation, saying it's "big government", they're all for big government as long as it helps them.
Unspecified airlines that operate in Kentucky are asking state lawmakers for a taxpayer-funded bailout. This despite the state's budget woes. And Republican legislators seem pretty keen on the idea.
I'd say airlines are already getting rich on Kentuckians' backs. The Cincinnati/Northern Kentucky International Airport has the highest air fares in the nation, because of Delta's monopoly there. Monopolies like this have helped damage the region's economy - not enhance it as its apologists claim.
This follows the Bush regime's airline bailout of the early 2000s that went virtually unchallenged and is already largely forgotten.
So where's my bailout, Repubs?
Wednesday, August 18, 2010
Airlines want bailout in Kentucky
Posted by Bandit at 4:08 PM
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