News that I missed, courtesy of The Babylon Bee:
U.S.—Hedge fund managers nearly bankrupted by Redditors are desperately trying to fight back, but it’s not looking good as the internet populist uprising continues.
Rich Wall Street investors getting squeezed by the GameStop buying frenzy are taking solace in the fact, though, that they’ll get a $600 stimulus check.
“I think it’s a lot of money, sure, we would have liked to get more, but $600 is significant,” said Nancy Pelosi in a press conference Thursday. “I’m happy we were able to accomplish at least that much for them. We would have gotten more, but Trump blocked it.”
Pelosi was then reminded that Trump is no longer the president, but she just said she’d “circle back” to that later.
Go here to read the rest.
Louis is all over this. Did like 3 videos on it last night.
https://youtu.be/PmDYrMGKMQM
Was she working at the Federal Reserve when she was taking this mordida? If so, bust her for accepting unlawful gratuities.
I believe she was retired Art.
I believe she was retired Art.
They were compensating her for services rendered or betting she wouldn’t be retired for long. You want a really egregious example, see Rahm Emmanuel’s career as an ‘investment banker’ at Wasserstein Perella. Wm. Dyer (“Beldar”) discussed the details a dozen years ago.
Sorry to be repetitive. Harry Truman was a cog in the Predergast machine for over 20 years and counted The Boss and his sons as among his dearest friends. He thought taking honoraria and director’s fees in retirement unseemly. We aren’t the people we used to be.
I think of them as “what if” bribes.
We aren’t the people we used to be.
No we aren’t. It is no accident that morality has been redefined as having the correct political attitudes. Do that and you can get away with anything, unless your immorality runs afoul of the correct political beliefs of the moment. Harvey Weinstein could write a highly revelatory tome on the subject if he had the ability or the inclination.
Imagine if the Biden administration made a big deal of bailing out hedge funds (while putting in rules to restrict “retail traders” from gaining profits) and then later decides “I guess we’re not giving out stimulus checks after all.”
I’m having trouble thinking of a course of action which would do more to infuriate the public. In a normal world this would mean they definitely would not go down that road, but this isn’t a normal world.