echoed across Pennsylvania Avenue and Wall Street this afternoon when the president was asked if he believed assistance to businesses might include the government getting equity in companies and he responded:
”I do. I really do.”
To prove he understood the question and wasn’t pulling his usual ad lib schtick, he went on:
“People are coming in for money, in some cases through no fault of their own, but in some cases, where they did certain things over the course of the years, including buying back stock.”
Yikes! Comrade Trump Announces Nationalization! Forbids Buybacks!
As has become custom, the moment before the president’s appearance marked the high point of the day for the stock markets.
Now that the Great Leader has declared his embrace of the Glorious March of Socialism, I imagine traders are about ready to shrug and pick with a dart board.