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Re:Investors double down on stocks, pushing margin debt to r... by ridruejo on Sunday December 27, 2020 @11:57AM (#25552327)
Yes. In other crisis you could argue that people over extended themselves or for greedy. Here a lot of small business are going to get wiped off through no fault of their own. Politicians have not helped
Re:Investors double down on stocks, pushing margin debt to r... by aaronbrethorst on Sunday December 27, 2020 @11:58AM (#25552332)
Don’t bothsides this. Only one person decided that millions of Americans should have their unemployment insurance expire today.
Re:Investors double down on stocks, pushing margin debt to r... by mythrwy on Sunday December 27, 2020 @01:22PM (#25553035)
While that might be it's irrelevant to the point that politicians have, in general, not helped.
Re:Investors double down on stocks, pushing margin debt to r... by rapind on Sunday December 27, 2020 @12:07PM (#25552390)
Agreed, and yet looking at the Biden transition team the wealth transfer is going into hyperdrive. I can’t see the Dems winning progressives again with the “other guy is real bad” argument, so let’s hope the next Trump isn’t even worse.
Re:Investors double down on stocks, pushing margin debt to r... by gruez on Sunday December 27, 2020 @12:57PM (#25552817)
>Agreed, and yet looking at the Biden transition team the wealth transfer is going into hyperdrive.

elaborate?

Re:Investors double down on stocks, pushing margin debt to r... by AndrewBissell on Sunday December 27, 2020 @12:10PM (#25552417)
As long as we're engaged in extremely reductive reads of the political situation, Trump and the Senate GOP were ready to agree to $1,200 checks and UI extension before the election, but Nancy Pelosi used the pretext of being opposed to employer immunity from Covid lawsuits (which they have since caved on) to block the legislation.
Re:Investors double down on stocks, pushing margin debt to r... by aaronbrethorst on Sunday December 27, 2020 @12:15PM (#25552467)
This is a really cynical read.
Re:Investors double down on stocks, pushing margin debt to r... by AndrewBissell on Sunday December 27, 2020 @12:27PM (#25552555)
If you want you can replace the word "pretext" with "reasoning," the rest of it is a matter of fact and public record. Although I'm not sure how one justifies any kind of read other than a "cynical" one after this year.
Re:Investors double down on stocks, pushing margin debt to r... by pii on Sunday December 27, 2020 @03:53PM (#25554152)
You sound like you missed the part where Trump/GOP waited until before the election to be ok with literally buying votes