American Fortune Life
Chapter 1635: Arrogant Wall Street (for Dr Yeh)
"... The economic stimulus plan is just the beginning of the government's effort to save the US economy. I am glad to see Congress approve this plan. This is a crucial step, but just as important, it is just a process of reversing the economic situation. Initially, the process will be long and difficult.
To truly resolve the current crisis, it is also necessary to solve the problems in the financial sector and promote the resumption of credit flows to businesses and households. At the same time, problems in the housing sector need to be addressed, which is one of the root causes of the economic downturn. . . "
On television, Okuanhai is giving a weekly routine televised speech. The new president thanked Congress for passing the plan in a short time and said he would sign it soon.
Located in a prestigious location on Georgetown's Pennsylvania Avenue, surrounded by rich history and culture, the Four Seasons Hotel Washington DC is only 12 blocks away from the White House, and has the Seasons restaurant in Washington, DC politicians' "right lunch".
Wall Street financial giants gathered together, and young Andy Smith sat calmly, rushing into each other. This group of gangsters at the top of the American financial pyramid tasted Washington's prestigious Bourbon whiskey steak in a relaxed and harmonious atmosphere.
Bank of America Chairman Lewis put down his knife and fork, picked up a white napkin and wiped the corners of his mouth. He lifted a crystal clear goblet of red wine like a ruby, and said to Andy with a mockery: "In less than a month This plan was passed in Congress. This is a major victory for him! "
At the same table, the heads of the financial institutions also shook their heads and laughed. In Washington, some things are not a secret at all, especially for the level of the people present. The economic stimulus plan of Okuanhai can be passed in Congress. Andy Smith in Which played an important role in this matter, people who should know already knew.
This time the Olympic Games and Wall Street turned their faces and aimed at Wall Street everywhere, which had caused dissatisfaction among this group of people, and this lunch was also the first gathering of the giants participating in the fight.
"This is a good start for the recovery of the American economy." Andy chewed beef with a knife and fork in his hand, and swallowed it, and said the corners of his mouth were slightly tilted. In fact, he and Aoguanhai were originally a transaction.
Andy bowed his head, cut it with a fork and fork, cut a piece of beef, put it in his mouth, chewed and said, "Just, I never imagined that you would agree to a three-week pause while he was preparing his plan to prevent foreclosure. Foreclosure of some homes. Alas, this is not in line with superb financial wisdom. "
"Ahem ..."
"Ahem ..."
"Ha ha..."
. . . . . .
Andy's venomous counterattack immediately made several financial giants, including Lewis, chuckled and sneered, just as if they were stunned by red wine, and the mouths of other big men who didn't have a light cough were very unnatural.
"Ahem, there is no way. At present, there is a lot of anger among the public about the financial industry." Lewis explained with a wry smile.
Andy gave a slight smile, how could he believe these ghost words, but he wasn't saying anything, just savouring the delicious steak, his eyes smirked and stopped talking.
"Ding--"
"Well, folks, we don't have to continue to play the mystery, let's open up and communicate frankly, our President, we have forgotten our help, and our friendship has been abandoned."
mg chase ceo dimon watched everyone incarnate and eat without saying a word, the dining fork knocked on the front wine glass below, as one of the sponsors of the lunch, helplessly can only speak.
"Abandoned? Oh, why not say betrayal? 22 mandatory items, financial controls, subprime mortgages, derivative financial commodities, credit rating mechanisms ..." Too big to fail "financial institutions, who are they talking about? ? You, you, or me, or all of us! "
The balding Goldman Sachs ceo Blankfein sneered sarcastically, and began to accuse him without shame. In recent days, his "humility" in Washington has been exchanged with endless criticism, ridicule and criticism, and now Okuanhai Tossing Wall Street to death again, he was out of anger.
"At the time, his victory was a triumph of political rhetoric." Bank of America Lewis was also a little ridiculous.
Hearing that Goldman Sachs and the Bank of America's family members were anxious and taunting Okuanhai, Andy just smiled. The two of them were understandable. Although Congress passed the US $ 787 billion economic stimulus plan, but The market still has questions about the actual effectiveness of the plan.
What's more terrible is that investors look forward to the U.S. government's announcement of home foreclosure measures and more details on the bank's rescue plan. It's a pity that the White House really has no details to announce. Under the cloud of anxiety, the financial sector suffered a severe setback today. In one morning, Goldman Sachs fell 11% and Bank of America fell 12%.
At the beginning of the Olympic Games, political contributions of tens of millions of dollars from Wall Street played a decisive role. The money on Wall Street was not given in vain, and it cost tens of millions. The purpose was to spend hundreds of billions of dollars to "save the market" after he came to power, not to give them a tight spell. In this case, hating Austrian Sea is a matter of course. Yes.
"Have you seen that huge economic stimulus package? It contains a variety of welfare benefits, which is simply a welfare marathon. Damn it. He has made the achievements of the two parties' reforms to reduce the public's reliance on benefits in the past 20 years to nothing.
Do the idiots in the White House not understand that although welfare programs can increase the wealth of the poor, can it not help the poor out of poverty! This will only make more poor lazy people rely on the government, they can not become the creator of wealth at all! "Ceo Kelly of the Bank of New York Mellon with a pair of gold-rimmed glasses also looked ugly.
In the United States, the term "welfare" has become negative in the 1970s, and the general consensus is that taxpayer money is wasted. Nashui people are tired of funding lazy life.
"I feel that this is the first step in building a" pseudo-social zy welfare state ". We must let the public know that the" big government "will eventually become more and more inefficient, and high costs and power will easily be abused!" Goldman Sachs Blanc Fein only looked at Andy with a smile on his face, and several other big men also set his sights on Andy.
"By the way, did you invite Pandit?" Andy seemed a little confused by everyone's gaze. So, he didn't seem to hear what they said, and asked Ceo's ceo slightly awkwardly.
mg chase's ceo dimon shook his head helplessly and smiled, but explained: "Citi may reach an agreement with the government on equity conversion in the next few days. If we exchange blood, we do n’t need to invite him to our party. "
Andy nodded, a stunned look, and then began to eat and drink. Other financial giants saw Andy Smith, a small fox posing in a silly manner, and they looked at each other helplessly. They did not think that Andy would I don't know the situation of Citibank. You must know that Andy's private absorption of Citibank shares is not a secret to them.
Once an agreement is reached, the U.S. government will become Citi's most important shareholder and control management, which effectively amounts to nationalizing Citi.
Originally, they thought that together, they could provoke a splendid glory at the hearing. Andy, who was vomiting blood from the hearing committee members, could continue to promote the nature of poisonous snakes and continue to report on the issue of big government and nationalization. After the White House opened pao, after all, major media newspapers in the United States in recent days have been interpreting his words on the Capitol corridor.
Even many newspapers refer to him as the neo-renaissance force of American classical liberals, the so-called classical liberals. They believe that people should have three kinds of freedom: economic freedom, political freedom, speech and zj freedom. At the same time, it is also believed and pursued by the founding fathers of the United States. Freedom means limiting zf power and guaranteeing more individual rights and behaviors. In order to ensure such individual rights, the American Xianfa Amendment was passed.
Suddenly, Andy raised his head, his mouth raised, took a sip of red wine, and stared at him with a few playful eyes and a few Wall Street gangsters who focused on him, as if to say, you guys meow Do you think I'm a bun?