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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (43119)11/13/2021 11:34:17 PM
From: ajtj993 Recommendations

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DayTraderKidd
Lee Lichterman III
Lou Weed

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I did not want the big banks and brokerage firms bailed out. I thought they should have been bankrupted, and the FDIC should have stepped in to do their job. If the Treasury needed to loan the FDIC some money to cover the obligations, so be it.

I also thought the GM and Chrysler bankruptcies were political, but there was no way they were not going to be that way with all that union power.

The connected elites disrupted the normal market processes, and in their actions, they made our markets less able to stand alone in the future. They also socialized risk, which is nonsense.
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