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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (58036)	4/27/2022 12:14:11 AM
From: robert b furman	Respond to of 98728

Hi AJ, You make a lot of great points. I think Trump simplified regulation as did Reagan. When you reduce regulation, you allow entrepreneurial freedom to chase free market goals. Biden's big government regulation, weaponizing all of big government's largesse, show how stifling big government (with an agenda and it is not profitability) can smother growth. Pretty much plain and simple. Laissez-faire Definition & Meaning : a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights. Bob

To: ajtj99 who wrote (58036)	4/28/2022 6:20:06 AM
From: roto	3 Recommendations Recommended By ajtj99 Cogito Ergo Sum toccodolce Respond to of 98728

sorry for the late reply.. as far as the Fed goes, they have to play shitty cards as legislated.. I'm thinking the assholes in the late '90s congress eliminated the Glass-Steagall Act's restrictions on commercial and investment banks involvement. re: Continental Illinois rescue back in, what, 1984 my 1st real job.. Jan'65 International Banking Dept, foreign currency trade (they were something.. on LaSalle St & Jackson, the Chicago Board of Trade & the Chicago Feb sharing that same corner). actually they got caught up with the energy b.s. in the early '80s.. effectively out of business. in my inaugural year of employment, Continental was the largest bank between the coast, the 8th largest bank in America. your mention of Paul Volker was very true. in fact, his monetary policy helped cause Carter to loose his presidency. he was head of the fed for most of Reagan's presidency. maybe ironic for a conservative, but as I recall Reagan tripled the deficit. political definitions, somewhat fluid.