Plunder, War Profiteering, and Spirit Airlines

Source: Libertarian Institute
by Charles Goyette

“Someone, somewhere is making a lot of money. It’s the most brazen plunder since Hillary Clinton was trading cattle futures in Little Rock. Or since Nancy Pelosi was placing stock trades. Come to think of it, there seems to be a whole lot of plunder going on in the world of politics. It’s not just oil in the ‘Age of Trump.’ As President Ronald Reagan’s budget director and a Wall Street veteran, David Stockman is a seasoned observer of political plunder. When Donald Trump suddenly offered up the suggestion that ‘we’ (the taxpayers) buy struggling Spirit Airlines, Stockman wrote a piece called, ‘Was It You, Barron? Someone Made 3.5X On The Donald’s Spirit Airlines Socialism.’ This chart shows Spirit Holdings share price spiking when Trump started his takeover talk on April 21 (and then quickly collapsing).” (05/15/26)

https://libertarianinstitute.org/articles/plunder-war-profiteering-and-spirit-airlines