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Freedom Fighters Sandra Smith, Alan Colmes, and Kmele Foster on why Spirit Airlines customers will be seeing the “Department of Transportation’s U...
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Deregulation of the airline industry in the 1980s revolutionized air travel for consumers.
But now the feds are moving in the opposite direction mandating that passengers be allowed to change their minds within 24 hours a booking a trip without paying a penalty.
But there's no such thing as a free lunch effective immediately Spirit Airlines announced it -- -- a two dollar charge to its tickets to make up for the hit to the bottom line.
Spirit calls -- quote.
The department of transportation's unintended consequences for eight -- say that five times grow faster Alan Colmes I'm here not to discuss or my freedom fighters.
-- business reporter and my college Sandra Smith.
Fox News radio host and my colleague Alan Combs.
And -- Foster America's Future Foundation chair Alan can the airlines charge whatever they want to make up for what the government takes a little prop.
I don't know that I by the probably think they're looking for anything they can't charge money and Paper -- -- -- -- papers so nonlife gonna pay for extra bag you know I mean they're looking for anything -- any excuse I guess I gotta fight with -- in -- I saw in the -- -- sent to the producer guess that the airlines on which you -- make you pay for.
I don't you go first class like why do it I -- -- -- on the -- -- -- So the fact of the matter is that you -- to pay a might my bigger point is that they -- little fees attached to everything Anderson I think they're using this as an excuse to raise people when the government imposes a burden on the airlines it's imposing that burden on either the shareholders or the airlines customers somebody asked the pay for it.
Here is now they have to field all these phone calls they're not gonna have to essentially be holding seats if they're -- -- that you need your money back in 24 hours.
This puts their business and their profits on the line I say I defend them all the way they have absolutely the right -- Airlines were deregulated Camille in the 1970s.
And eighties it was done by an act of congress.
Now this increasing regulation is being done by bureaucrats the congress didn't vote on this a budget balanced buddies in the -- my buddy trip yeah.
Fast Department of Transportation that this -- of us at ten minutes or after should they have this kind of authority book will they shouldn't and and and we should note that it was a bunch of Democrats actually that -- -- push this really advocate for deregulation in late 1970s.
At the end of the day the bottom line is that they're always unintended consequences to trying to mandate.
That the airlines operate in a particular way you may see it is nickel and -- -- what do you make me feel that it did not mean but it's but at the end of the day it's called competition and if you don't want the community not to pay or whether trying to deliver lower cost there's like you -- and at the very Canada indefinite definite lack of transparency of the part of the airlines about a liked what is only -- commitment -- -- -- -- -- -- -- -- I -- -- this there.
Well I think that the free market was working American Airlines that can tell you what has been doing this for quite some can you should cancel a ticket within 24 hours okay -- -- what is your word you'll know if there -- what he's -- What the government is saying we we knew we want we think we're protecting the consumer we want more tranda parent I think the consumer about -- -- adding on the -- -- -- -- -- just the airline is making that -- deciding to do that their Daily Telegraph.
Companies that is rates -- -- I'm a 100% was switching up past you know -- unions and employers' associations in Greece.
Are rejecting demands for wage cuts to the private sector from the European Union and the International Monetary Fund the only problem they're -- a leg to stand that.
Time and again Greece is proven unwilling to help itself so why does the rest of the world think it's still worth saving.
Should the federal government save Greece who what should our federal government is there -- -- -- sort of average admitted period.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- No private investor -- invested -- saving Greece only government which extract taxes for people would get cash there.
The only reason Greece has been able to raise -- -- throughout these very difficult economic times is because they expect the bail out this is not a bail out of the Greeks we should be very clear about this.
The GDP growth is running in the wrong direction and the bailout goes to bond holders people who.
Invested in -- country that's been spending its money profit greatly.
We can't get involved in that that is not the place of the United States government.
-- -- I mean does that we actually shouldn't get involved in fact I think the U.
Knees knees are contemplating continue to discontinuing these -- -- They're bailing out Greece for two years what happens to Greece if the state attorney's office well unfortunately they might just have the board up the doors and windows and -- in start all over you know it but that's going to be at the cost obviously -- laughing for.
Very serious reasons that are on the table but we Ben bailing them out they're not going to do what it takes at this point.
We do not.
At some point I guess is going to be revolution in the streets right well I'm you know that's kind of scary scared -- to say it is going to be revolution in the street fellas let's all I'm almost everybody -- works for the government what happens when the government shuts down.
Well I don't know it's a good question we don't know what the ramifications be but it wouldn't be good wouldn't it be that the benefit of the world into the European community you're going to get is something to make sure that that doesn't only have temporarily staving off -- -- abolition.
That the solution is for the Greeks to get their house in order order and how do -- -- -- -- to reduce our.
Spending for them to reduce spending and for the government to unleash business -- you know in your recent -- subordinate commanders are extensions that they may need to look at more seconds left is there any sympathy amongst unions progressives liberals and Democrats in this country.
For bailing out Greece.
I would think it would be W -- everybody's benefit but to try to -- what's going on here to Greece when we're talking with two very different kinds of economies makes no sense whatsoever all right Sandra Smith Alan -- Camille Foster guys it's a pleasure thank you.
Even -- talent doesn't know he's talk.
The government I haven't -- -- I.
What if the government never practices what it --
