The fully-worded Q is this : Do you think its fair to bailout the airlines socializing their losses in bad times & then privatizing their profits in the good times? Just how do you die-hard libertarian capitalists propose toavoid it?

Q is intentionally framed to provoke real thoughts!
l see, somebody enjoys being a bad boy!
Setting aside the 9-11 attacks as special cases as acts of war, I am refering to bail outs under the current conditions of high priced jet fuels from high-priced crude oils priced by a damn cartel called OPEC and oilco is who are little more than the parasites feeding on the crumbs from OPEC!

Q is legit and your faCt check only skirts the issue. l am tired of national security declared as a necessity to keep airlines or for that matter US ships(Jones Act) operating and built here in the US ready as back up. That should be argued on its merits elsewhere. This is about hitting up the taxpayers for benefits ands credits and loans that do not trickle down into consumers pockets and which comes from a few priviledged individuals. Sorry to be harsh but the whole deal of saving businesses that can not run their business w/o help from the gov't because they have no foresight really bothers me. The airlines like the oilco is and the car companies knew what was coming down the pike.
They have paid consultants handsomely for advice warning them to prepare for high fuel costs. If they failed to prepare l say let them sink! Like the fable of the ants and the grasshopper who knew winter was coming. The grasshopper laid back and the ants didn't. So when winter came, the grasshopper had to pay the price.
industry members see--> http://worldnetdaily.com/news/article.asp?ARTICLE_ID=24684
''Airline bailout criticized
Libertarians: 'It was a $15 billion mistake'

Posted: September 27, 2001
1:00 am Eastern
By Jon Dougherty
© 2008 WorldNetDaily.com

Free-market supporters and at least one political party have come out in opposition to Congress' $15 billion airline industry bailout plan in the wake of the terror attacks in New York and the Pentagon.
''We sympathize with the plight of the beleaguered airline industry,'' said Libertarian Party National Director Steve Dasbach on Wednesday. ''But this bailout is an affront to other industries that suffered from the terrorist attack, further squanders the dwindling budget surplus and increases the power of the federal government to meddle in the free market. In short, it was a $15 billion mistake.''

Last Friday, the House and Senate passed the airline industry bailout bill, authorizing $5 billion in cash and $10 billion in loan guarantees. ...''

fair? define that term? nothing is black and white and once you've seen thru the looking glass you know how the real world works.

hahahaha. what the hell is fair got to do with it? hahahahahaha

Fact Check!!!

Nobody bailed out any airlines. Congress allocated about $9 billion but most it was never actually given to any of them. Its still sitting in a bank account collecting interest to this day.

There were about $750M worth of payments in the immediate wake of 9/11 but that was mostly just used to keep cash on hand so people is paychecks would not bounce. The rest just sort of evaporated into some government bank account somewhere.

As for fair: No l do not believe it would be fair to subsidize one company at the expense of another. This is a free-market economy. Right now there is too much capacity & not enough demand, so someone is going to go belly-up. Soon.

Right after 9/11 however, there was a real danger that EVERY airline was going to go out of business. The public interest in airlines existence goes far beyond going to visit grandma over the holidays. The military transports all its troops domestically on airlines & there is even a law that says there must be an airline that flies to an airport within 150 miles of EVERY resident of the lower 48. This is referred to as Essential Air Service & it is an important part of our national airspace system. If something were to happen out in BFE, somebody important can get there in a reasonable amount of time.

The reaction to 9/11 was primarily done to protect the EAS concept. For instance, if Northwest (Or UsAir, or United, or anybody else) had gone out of business, all the EAS contracts they fulfill would be gone & thousands of people would not have been able to access the National Airspace System. United is primarily known as flying into ORD, DEN, & so forth, but many of their regional carriers fly under a United banner to EAS-served cities. Protecting United from bankruptcy in that case would have been important.

Today, this is less of a concern. If a legacy carrier went out of business, there would be another one available to pick up the slack & take over the EAS routes. But in the immediate aftermath of 9/11 there was no guarantee that every airline was not going to simply go under, leaving nobody else to do that flying.

No. Avoiding gravity is not a human right.

Libertarian capitalists did not create the problem, nor would they.
Businesses that cannot function efficiently in a free market need to die. So do governments that do not function efficiently.

'Nuff said!