BONUS: Should the feds bail out Spirit Airlines? Plus, was the Southern Poverty Law Center both the arsonist and firefighter?
The Rich Zeoli Show
Audacy
4.9 • 1.6K Ratings
🗓️ 24 April 2026
⏱️ 26 minutes
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| 0:00.0 | Welcome to Red Meat, the conservative news update you need from Odyssey stations across the country. |
| 0:06.8 | This is the place where we're not afraid to dig in. |
| 0:09.2 | Are we going to own Spirit Airlines? |
| 0:10.9 | Well, are we? |
| 0:12.2 | Let's kick things off with questions about another bailout and what it means for everyday Americans. |
| 0:17.3 | Here's WCCO. |
| 0:19.1 | Did you want to own Spirit Airlines? |
| 0:20.3 | You know, if the U.S. government is going to buy an airline, it seems to appropriate that it's Spirit Airlines. |
| 0:25.4 | Federal officials in the Transportation and Commerce Department considering a deal that would loan Spirit $500 million in exchange for an ownership stake in the airline. |
| 0:34.6 | This seems strange to me, so we thought we'd reach out to Thrifty Traveler, and |
| 0:38.6 | Gunner Olson from Thrifty Traveler joins us right now on the John Schuster Colobanker hotline. |
| 0:43.2 | Gunner, thank you so much for the time. Thanks for being available. We've seen the U.S. |
| 0:48.5 | intervene in the airline industry before, but that was more broadly, you know, COVID, 9-11, |
| 0:54.1 | where we've kind of boosted the airline |
| 0:56.3 | industry. |
| 0:56.9 | But one specific airline, though, I don't seem to recall this ever happening before. |
| 1:01.8 | This seems unprecedented to me. |
| 1:04.1 | Yeah, you're spot on. |
| 1:05.7 | This is very unusual. |
| 1:07.2 | And especially a deal that would not only loan them lots of money as a sort of bailout, |
| 1:13.4 | but also take an ownership stake in an airline up to 90%. It's something that we really haven't |
| 1:17.9 | seen. We've seen smaller ownership stakes, trade hands, you know, during the bailouts after 9-11 |
... |
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