guest post by Gor-Lak
Supposedly Biden’s approval ratings are in the dumps. Some people miss Trump. You know who misses him the most? His investment banker buddies. Boy did they have it made with Trump.
US Presidents have a lot less pull than many people assume they do. I’ve seen a lot of Presidents come and go at this point. They very rarely have had any discernible effect on my life. Yes, they start wars. And end them. Generally those have a lot of impact. Not that much else.
Regardless of who the President is, government contracts still go through, courts still make decisions, people get taxed, the vast majority of government employees remain in place. Yes, Trump fired a lot of people. He stirred up a lot of our anger against each other, too. He kept us distracted with his circus sideshow while he focused all his power on goosing the stock market.
The first thing he did in office? Repeal any restrictions on investment bankers that he could. One of the many rats on his cruise ship said that Trump’s only metric for how the economy was doing was the Dow Jones.
He took the leash off his investment banker friends and backers. He pumped up their battlefield playground. He and his peeps also had access to insider trading info. He also controlled law enforcement.
Talk about a perfect storm.
Insider trading is one diabolical crime. How many people would play poker against someone who knew what cards everyone was holding? None is the correct answer.
Did you know that US Congresspeople are legally allowed to insider trade? Nancy Pelosi recently defended our elected leaders stealing money from retirement funds because, according to her, Congresspeople can barely make ends meet on the $174k pitance they get for all their hard work. Plus free health care for life.
Nancy Pelosi’s publicly stated position is that if people don’t feel they are making enough money, they are morally allowed to steal from others.
Insider trading is stealing. An asset trade involves two parties making a gamle they will profit on the deal. If one side knows the outcome before hand, they aren’t gambling. They are ripping off the other, unknowing sucker on the trade. They are cheating the American public by stealing their money at the stock market casino.
Boy do those investment bankers want Trump back.
