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Okay, the Fed will pause interest rate hikes for this month. Good news for Wall Street, right? Wrong! After blaming interest rate hikes for the stock market decline, now the word is that analysts are concerned about the pause in the hikes.Yikes!
@thedisasterautist Yeah, no matter how much Dems talk about that “carried interest” loophole for hedge fund managers, they can never do away with it. It’s like a third rail or something, like the sugar subsidy and depreciation allowance for the oil industry. Go figure.
@johnldeboer: Affirmative.
@johnldeboer: They have to always complain that the government is either doing too much or not enough so they can pull shenanigans to screw everyone over and *still* get welfare from the government.