Mnuchin Moves To Nationalize Airlines Amid Socialist Bailout

For years, Shoebat.com has been warning about the rise of national socialism around the world. National socialism is the combination of nationalism, often accompanied by the nationalization of industry, with socialism. Hence, the term is “national socialism”.

When Ted, Walid, and I started talking about this as a primary focus, noting a change in the social zeitgeist, we were told that we did not know what we were talking about by many. We lost a lot of support because of it, but the change was done not because of a desire to be popular, but to speak the truth about what we saw, just as our views on Islam are and still remain based upon what we have seen and can prove with Islam.

We told you national socialism was back.

We said it over and over.

Unfortunately, the echoes from the abyss of the abomination of the twentieth century are reverberating back as Steve Mnuchin has recently exposed, as a part of giving out “Trump Stacks” to “the people”, that airlines who receive bailouts from the government would consent to having the government take a business stake in them according to the Wall Street Journal.

Treasury Secretary Steven Mnuchin indicated that the U.S. government would take stakes in airline carriers in exchange for billions in direct grants to the companies, part of a $2 trillion economic rescue package, according to people familiar with the matter.

He detailed his plans during last-minute negotiations when the aid to airlines emerged as a major sticking point. Republicans had rejected providing cash grants to airlines, and an earlier version of the legislation would have provided $50 billion in loans and loan guarantees to passenger airlines and $8 billion to cargo airlines—but no direct aid.

Mr. Mnuchin has previously signaled that such a move was on the table, saying last week that equity stakes could be part of the eventual aid package. While it wasn’t clear what form the investment would take, one option is a warrant that converts into equity. A warrant gives the buyer the option to buy shares at a certain price.

A Treasury spokesman didn’t immediately respond to a request for comment. (source)

It’s happening.

The complete metamorphosis of the country is taking place.

You do not need to read about history because you are living history.

The national socialist monster that never died last century is rising again.

Meanwhile, Democrats and Republicans are fighting about which party will help “the people” more.

“The people”? Socialist bailouts of personal and business finances? Nationalization of major corporations and industries?

Nationalism and socialism.

I don’t want to make announcements like this.

But we warned you about it.

Our concerns seem to becoming true, and without exaggeration.

This virus is just the beginning. There are many more things coming that one must prepare for.

May God have mercy on us all.

Donate now to help support the work of this site. When you donate, you are not donating to just any commentary group, but one that is endlessly observing the news, reading between the lines and separating hysteria and perception from reality. In shoebat.com, we are working every day, tirelessly investigating global trends and providing data and analysis to tell you what lies for the future.

CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

print