The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: John Vosilla who wrote (1232)	10/17/2018 1:36:08 AM
From: elmatador	Read Replies (3) of 13802

The guy who started hating G W Bush. He was a Brazilian of Japanese descendancy who migrated to the US and traded fruits and nuts from a Fresno-based company. He was more an American patriot than Americans themselves and sung the virtues of the capitalist system. He said that DC had a lot of power and was clever on spending the taxes etc. He boasted he was on the top 1% bracket of income in the US. Then one day he started changing his views. He didn't say why but he started criticizing DC. Finally he opened up in an open criticism to GW Bush. Bush had cut some subsidy and apparently he stopped making money. What I derived from that, John, is that people defend politicians and their policies with their stomachs. Stomach full? Good policies and politicos. Stomach empty? the opposite. Case Nr. 2 Just another day I read a Brazilian businessman venting anger against the business-friendly candidate Bolsonaro. His profile showed he's a small businessman on the business of leasing assets. Hang on! These are the types of middle class, security conscious, Order and Progress kind of man! and he was against Bolsonaro? My conclusion is that he must have see losing some business with a change in government in the aftermath of the recent elections in his state and is now unhappy. Case Nr. 2 I inferred that because a friend of my former wife, even during the toughest depression back in the mid-80s, had a thriving business leasing assets to state-owned Petrobras oil company. His money protected from inflation in the Money Market and he was doing very very well. Ten years later, government changed, hyper-inflation ended and Petrobras management changed and his business revenues vanished from one day to another. I told my former wife (who was still in contact with his wife) that it was that kind of people who wanted political parties to perpetuate in power as the political party loss was a personal loss. And she could imagine what the real big businesses, that had a stake o the political status quo, could do to defend their turf. My experiences point to politicians being criticized, not because of the programs, but because people and businesses are partners with the powers that be.

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