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American Fortune Life - Chapter 1635

Published at 7th of November 2021 07:58:19 AM


Chapter 1635: 1635

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“。。。 The stimulus plan is just the beginning of the government's efforts to save the U.S. economy. I'm glad to see Congress approve this plan. It's a crucial step, but equally important, it's just the beginning of an effort to turn the economy around. It's going to be a long and difficult process.

To truly solve the current crisis, we need to solve the problems in the financial field and promote the return of credit flow to enterprises and households. At the same time, there is a need to address the housing sector, which is one of the root causes of the recession

The new president thanked Congress for passing the plan in a short time and said he would sign it soon.

Located in the noble area of Pennsylvania Avenue in Georgetown, surrounded by rich history and culture, the four seasons hotel in Washington, just 12 blocks from the White House, has a "right lunch" for politicians in Washington, D.C.

The financial giants of Wall Street gathered together. Andy Smith, a young and easy man, sat in the room, and they all burst in. These guys at the top of the financial pyramid in the United States enjoyed the famous Bourbon Whisky steak in Washington in a relaxed and harmonious atmosphere.

Lewis, chairman of Bank of America, put down his knife and fork, picked up a white napkin and wiped the corner of his mouth. He held a crystal clear Goblet of ruby red wine, and said to Andy with a little teasing: "in less than a month, this plan was passed by Congress, which is a major victory for him!"

All the leaders of financial institutions in the audience also shook their heads and laughed. In Washington, there are some things that are not secret at all, especially for the level of people here. The economic stimulus plan of aoguanhai can be passed in Congress. Andy Smith has played an important role in it, which should have been known for a long time.

This time, the Olympics and Wall Street turned against Wall Street everywhere, which has caused the dissatisfaction of this group of people, and this lunch is also the first gathering of the giants who took part in the critical meeting.

"This is a good start to the recovery of the US economy." Andy takes a knife and fork, chews the beef, swallows it, his mouth is slightly cocked, and lightly says that he doesn't care about teasing and chuckling. In this matter, he and aoguanhai were originally a deal.

Andy lowers his head, uses both knives and forks, cuts a piece of beef, puts it into his mouth, chews it and says, "it's just that I never thought you would agree to suspend foreclosure on some families' houses for three weeks while he was preparing his foreclosure prevention plan. Tut Tut, this is not in line with superb financial wisdom. "

"Cough..."

"Cough..."

"Ha ha..."

。。。。。。

Andy's viper counterattacks and immediately makes several financial giants, including Lewis, cough and laugh. It's like being choked by red wine. The other big guys who don't have a cough are also very unnatural.

"Cough, no way. There is a lot of public anger about the financial industry at present." Lewis shook his head and explained with a wry smile.

Andy could not believe this nonsense with a little smile. However, he was not saying anything. He just tasted delicious steak and smiled with his eyes.

"Ding --"

"well, everyone, we don't need to continue to play riddles. Let's communicate openly. Our president has forgotten our help and our friendship has been abandoned."

Dai Meng, CEO of Mg chase, looked at all the people as if they were eating without saying a word. He knocked the wine glass in front of the bottom with a fork. As one of the founders of this lunch, he could not help but speak first.

"Abandoned? Hehe, why not say betrayal? 22 mandatory items, financial regulation, subprime mortgage, derivative financial products, credit rating mechanism... Who are the financial institutions that are too big to fail? You, you, or me, or all of us! "

Blankfein, the balding CEO of Goldman Sachs, sneered and began to criticize without any scruple. His "humility" in Washington these days has brought endless scolding, ridicule and criticism. Now that aoguanhai is going to die again and toss Wall Street, he has left his anger.

"His victory at the beginning was a victory of lip service politics." Bank of America Lewis's face is also a little ugly irony.

Andy's heart was only smiling when he heard some angry taunts from the family of Goldman Sachs and Bank of America about aoguanhai. Their anger was understandable. Although Congress passed a total of 787 billion US dollars economic stimulus plan, the market still had doubts about the actual effect of the plan.

What's more, investors expect the U.S. government to release more details about its response to home foreclosures and the banking rescue plan. It's a pity that the white house really has no details to disclose. Under the shadow of anxiety, the financial sector suffered a huge setback today. In one morning, Goldman Sachs fell 11%, Bank of America fell 12%.

At the beginning of the Olympic Games, tens of millions of dollars of political donations from Wall Street played a decisive role. The money of Wall Street is not for nothing, but for tens of millions. The purpose is for him to spend hundreds of billions to "save the market" after coming to power, rather than to put a curse on them. In this case, it is natural to hate aoguanhai."Have you seen that huge stimulus package? It contains a variety of welfare benefits. It's a welfare marathon. Damn it, he has wiped out the achievements of the reform in the past 20 years that the two parties have reduced the public's dependence on welfare benefits.

Those idiots in the White House don't understand that welfare programs can increase the wealth of the poor, but they can't help the poor out of poverty! This will only make more poor and lazy people rely on the government, and they can't be the creators of wealth at all! " Kelly, CEO Mellon bank in New York with a pair of gold wire glasses, make complaints about the same way.

In the United States, the term "welfare" has become a negative word since the 1970s, and there is a general consensus that it is a waste of taxpayers' money. Nashuis are tired of subsidizing lazy lives.

"I feel that this is the first step to build a" pseudo social ZY welfare state ". We must let the public know that" big government "will eventually become more and more inefficient, high cost and power are easy to be abused!" Blankfein, CEO of Goldman Sachs, looked at Andy, who could not hear. He said with a smile on his face. Several other tycoons also looked at Andy.

"By the way, didn't Pandit be invited?" Andy seems to be a little confused by the public's attention, so he doesn't seem to hear what they say, and asks the CEO of Citibank in a slightly awkward way.

Dai Meng, CEO of Mg chase, shakes his head and laughs at Andy's stupidity, but explains: "Citigroup and the government may reach an agreement on the equity conversion in recent days, and the senior management of Huaqi may have a big blood change. Our party, there is no need to invite him."

Andy nods his head, looks suddenly, and then starts to eat and drink. Other financial giants look at Andy Smith, the little fox, and look at each other helplessly. They don't think Andy won't know about Citibank. They need to know that Andy's private absorption of Citibank's shares is not for them It's a secret.

Once an agreement is reached, the U.S. government will become the most important shareholder and control the management of Citi, which is actually equivalent to the nationalization of Citi.

Andy, who originally thought they could get together and instigate the members of the hearing committee to breathe blood, could continue to carry forward the Viper nature and open Pao to the White House on the issue of big government and nationalization. After all, in recent days, the major media newspapers in the United States are interpreting his words in the corridor of the Capitol building 。

Even many newspapers call him the so-called classical liberalist, the new Renaissance force of American classical liberalism. They believe that people should have three kinds of freedom: economic freedom, political freedom, speech freedom and ZJ freedom. At the same time, it is also believed and pursued by the fathers of the United States that freedom means restricting the power of ZF and guaranteeing more rights and behaviors of individuals. In order to guarantee such rights, the American Xianfa amendment was adopted.

All of a sudden, Andy raised his head, raised his mouth, took a sip of red wine, looked at several Wall Street tycoons who focused on him with their joking eyes, as if to say, do you think I'm a fool?




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