The headlines are getting surreal, and I’m highly confident they will get exponentially moreso. Vought, by the way, is that bald-headed evangelical, umm, Christian (divorced, obviously, which apparently is a requirement these days) who has vowed to bring the whole thing down from within.
It seems to me that this explains why companies designed to exploit the poor (such as OPFI, below, which charges 169% interest on small consumer loans) are doing so well. Investors know that loan shark outfits are going to be able to rape the poor without consequence.
As always, any lessons learned from financial catastrophes (the Great Depression, the Internet Bubble, the Financial Crisis) all get totally unwound as the scumbag bulls and politicians consider any regulations or strictures to be a nuisance.
Oh, and if you haven’t heard, the SEC is being told to investigate NO COMPANIES without specific permission and direction from the new administration. So, all public companies are now in a position to do whatever they want, whenever they want, so long as they don’t piss off Mr. T.
Lie.
Cheat.
Steal.
Let’s get to work.
