The Market Makers

This week, Robin Hood is back, and this time he’s running a Wall Street retail brokerage firm. But the whole “take from the rich, give (or more accurately, keep) for the (relatively) poor” thing is still in effect. To discuss, we’ve got WSJ columnist Gerard Baker who explains and opines on it. Then our favorite Congressional correspondent on the planet, the Washington Examiner’s Susan Ferrechio drops by to tell us why Nancy Pelosi thinks the call is coming from within the House, why impeachment is not going to fly, and how much of Biden’s agenda will get through Congress. Also, some thoughts on Ohio Senator Rob Portman decision to hang it up, and another edition of What Are You Watching?

Music from this week’s show: Eat The Rich by Aerosmith

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There are 42 comments.

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  1. JuliaBach Coolidge
    JuliaBach
    @JuliaBach

    I’d like to agree with James that immunizations will get us back to the State Fair, but I don’t think so.  As long as we test, we will find cases every fall, even with a significant portion of the population vaccinated.  If cases panic us, events will continue to be cancelled.  My only hope is that some smart doctors will find a truly effective treatment, and it is widely used.  (Since some doctors are actually looking at the biology of COVID, I do hope and pray this will happen soon.)  Until then, anyone for moving to Florida?

    • #31
  2. kedavis Coolidge
    kedavis
    @kedavis

    JuliaBach (View Comment):

    I’d like to agree with James that immunizations will get us back to the State Fair, but I don’t think so. As long as we test, we will find cases every fall, even with a significant portion of the population vaccinated. If cases panic us, events will continue to be cancelled. My only hope is that some smart doctors will find a truly effective treatment, and it is widely used. (Since some doctors are actually looking at the biology of COVID, I do hope and pray this will happen soon.) Until then, anyone for moving to Florida?

    Some of us have already Migrated.

     

    https://ricochet.com/groups/conservative-migration/

     

    I fear that others will be overconfident, wait too long, and end up being stuck.  If only because they won’t be able to sell their current home.

    • #32
  3. Headedwest Coolidge
    Headedwest
    @Headedwest

    JuliaBach (View Comment):

    I’d like to agree with James that immunizations will get us back to the State Fair, but I don’t think so. As long as we test, we will find cases every fall, even with a significant portion of the population vaccinated.

    We will surely find at least false positives, and that will never end.

    • #33
  4. RufusRJones Member
    RufusRJones
    @RufusRJones

    RufusRJones (View Comment):

    I pay pretty close attention to a hedge fund guy named Mike Green @ profplum99. He recently said that the big problem today is we don’t use the stock market to gather capital and sell it and use it to price businesses. That’s what it’s supposed to be for. It’s being used to fund retirement without respect to that. Activist central banking is really screwing everything up. It’s a feedback loop because everything gets underfunded because they were activist. They can’t even let the stock market fall for a normal amount like 30% without the government and society getting in big trouble.

    We won’t know for some time which pensions & endowments owned the hedge funds that blew up. Taxpayers will end up topping off the losses in the case of public pensions. (See IL)

     

     

    • #34
  5. Jan Inactive
    Jan
    @ChileGirl

    Returned to Ricochet recently.  Don’t bother looking, I was a different moniker. I am strictly a reader. However, I have to say that I was amazed to hear Peter plaintively begging to hear Susan F. tell him him that  Biden really, truly, was going to try for “unity” and reach out to some of the 74 million.  Just a little?
    SMH

     

    • #35
  6. GFHandle Member
    GFHandle
    @GFHandle

    Peter and Rob gave absolute RAVE recommendations for a show on Netflix called “Lupin.” I though great, something worth watching. I have watched the opening. Meh. And at IMDB I find mostly serious, serious pans. “Unrealistic…lazy writing….plot holes…inconsistencies….” and so forth.  Scores hover mostlyt between 1 and 2 with a very occasional 10. I guess conservatives really ARE out of touch with the folk. 

    And while “Call Your Agent” is indeed worth my time, for Rob to say it is actually funny is really a stretch. 

    • #36
  7. Barry Jones Thatcher
    Barry Jones
    @BarryJones

    I would really like to see the actual quotes that Rep Green actually said about space lasers, QAnon, etc. Everything I found so far(very short search) look to be paraphrasing rather than actual quotes. I think the hosts have jumped on a bandwagon without research and seem to be parroting the press – which as we all know only tell the truth…or something. I honestly don’t know what to think but based on the presses track record, I would like to see the original quotes.

    • #37
  8. RufusRJones Member
    RufusRJones
    @RufusRJones

    RufusRJones (View Comment):
    I keep telling you guys this and I can’t be talked out of it. Every single western government did every single thing wrong in the face of automation and globalized trade. Your basic Republican thinks “tough”, “trade and automation are progress”. That is deflation. That is better living through purchasing power. So why is the Fed trying to create inflation? Because it’s the only way you can have big government, militarism, and an extractive financial system. We should have stopped with this nonsense the second the Soviet Union fell. Now we just have gigantic asset bubbles and gigantic social problems. We are going to get populism or Socialism the hard way, and for a good reason.

     

     

     

    • #38
  9. RufusRJones Member
    RufusRJones
    @RufusRJones

    Move along. Nothing to see here.

     

     

     

    • #39
  10. Concretevol Thatcher
    Concretevol
    @Concretevol

    Bryan G. Stephens (View Comment):

    Before I listen, do the people bringing down the hedge fund get attacked as some sort of monsters as per the elites line?

    Asking for a Friend.

    No

    • #40
  11. Concretevol Thatcher
    Concretevol
    @Concretevol

    Peter Robinson (View Comment):

    Bryan G. Stephens (View Comment):

    Before I listen, do the people bringing down the hedge fund get attacked as some sort of monsters as per the elites line?

    Asking for a Friend.

    The conversation won’t disappoint you, Bryan. Promise.

    It was a really interesting discussion @peterrobinson thanks!  I was able to split wood and learn something at the same time!  :)

    • #41
  12. Gnasher19 Inactive
    Gnasher19
    @Gnasher19

    I’m a bit late listening to this but a fantastic French TV series not mentioned yet is a cops and crime series shown in the UK as Spiral, original French name “Engrenages”, which has just finished its eighth and apparently final series. It’s a very dark and tatty view of Paris, not what we normally see. French law and order, and the public sector in general, seems to be coming apart. It’s really well written with compelling characters, catch it if you can. For a British viewer, it almost makes a refreshing change to see something where crime is committed by, you know, criminals, rather than the fascist Deep State or a white supremacist conspiracy, as is the apparent default on the BBC.    

    • #42
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