Isn't this why America voted out Trump (his family nepotism, family company corruption conviction, trial for hush payments to a porn star he was having an affair with, and his personal perversion which he was just convicted of by a jury, though only for 1 out of the 26+ sexual assaults and rapes he has been accused of over the years, including pedophilia). Also if there ever was a candidate for foreign agent it would be Trump; he really seems to be Putin's Butt Boy. Biden's DOJ is actually pursuing a more conservative judicial policy than we have had in awhile; for me, conservatism is about justice and not support for your corrupt buddies.
By the same token, how many companies must the Fed bail out? We've been talking about the dangers of moral hazard since 2008 but nothing has changed.
Yup, since Citizens United gave corps somewhat a person status they should also show personal responsibility.
The fed should take control of work visa issuances to address wage inflation instead of triggering a recession via increased IRs to do so. OP won't like that answer of course as we know what he means with "these people".
The Fed is structured wrong. A clique of rich 'accountant' money men who have been given too much power to rule, who's one agenda is to play God over the world by manipulating money. They have a bias to protect the rich and powerful. They are devoid of reality because they're rich and powerful themselves, they can't relate to the little person. They believe manipulating interest rates and printing money is the best tool of control. They create inflation and instability by deliberately crushing interest rates to zero then ramming them up again which creates turmoil in peoples lives. I want to hear less from the Fed, not more.
The Fed is the tail wagging the dog. The Fed should report to a board of social engineers who make final decisions, the Fed themselves should not be allowed to have final say on interest rates and money printing.
So how much of the crime is related to substance abuse? One way to eliminate substance abuse is to take away the profit motive from the criminals. Have the government issue free drugs to whoever wants them. Spend the money they save fighting crime on education about drug use and family planning. Have make work programs for those who need jobs so that they can support themselves. There are all sorts of ways to combat crime and substance abuse if you are willing to spend the money.
Do you really believe the Fed lessens volatility or smooths the business cycle? It is time you learn the truth. The Fed is a hyper-engine of boom and busts.
But the market spends a lot more time booming and not much time busting as the Fed comes in to save the day. And more recently the markets have stopped busting by themselves because they anticipate the Fed will come in and save the day. If you are a long only investor or a buy the dip type of trader then i guess you will love the Fed. Since 1982 the S&P has been up around 80% of years. Before that the S&P used to be up only around 60% of years.