Bailout Nation

The bailout in 2008 infuriated Americans because it was the rich bankers with their million dollar homes and 17 car garages that got bailed out.

Fast forward to 2020 and this Virus induced economic disaster finally saw Main St. getting bailed out.  Awesome.  Some of these small businesses who have family working 12+ hours a day 7 days a week their whole lives to serve the customer... what a shame if they had to close down.  Bail them out.  The deserve it!  And most of them aren't worried about the mortgage on their 3rd summer home.  They are fighting just to get by day to day.

And yet here we are... still with the same problem as 2008... The main Street bailout in 2020 also offered another opportunity for those who have no business taking millions in taxpayer handouts from taking it.  I think we saw on the news the Los Angeles Lakers...  Shake Shack?  Harvard?  Are you kidding me?  How about billion dollar money managers who take fee's bull market or bear?  It absolutely sickening.

You know every dog has its day.  And KARMA is a BITCH.  So.... that is what makes me look ahead instead of thinking about the absolute criminal behavior of people taking advantage of  situation that has seen so many suffer and will continue to negatively affect so many fo so much longer.

I don't know how a billion dollar institution can defend taking millions of $$$ in handouts from the government.  Its disgusting.  And it's what it wrong with America.

And what is worse... how many businesses -  sporting ZERO revenue during this Virus - did not get the handout they so rightfully deserved, while others, who are wealthy beyond all measure, happily took what so many others desperately needed.

I'm done.  You know who you are.  And you could spend the rest of your life working 3 shifts a day at a soup kitchen and it won't ever change who you are and what you've done.

 

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

More Posts by UPB: View All | Private Twitter Feed: Access Now! (For Diamond Members)