Chapter 1219: DC House of Cards

"Son, you're amazing!"

At the door of the house, Andy bent his knees and hugged Li Wanqing, who was extremely happy and proud, listening to his mother's praise, he was also very happy, after all, it was definitely a very happy thing to be able to make his family proud of himself.

When I walked into the house, I saw my grandfather and grandmother, so naturally I greeted and chatted again, and then the family of five officially began to enjoy a sumptuous dinner at eight o'clock.

"Dear Heavenly Father, thank you for the sunshine and rain that have brought abundant food on the earth, and please cleanse this food for us and pray in the name of the Lord Jesus Christ, Amen!"

Listening to the pre-dinner prayers of his parents, grandparents, Andy crossed his hands into fists and put them on the dining table, then closed his eyes and began to pretend to sit with his family and pray before eating.

"Thank you to the Lord for giving me food today, pray that the Lord will not swallow during the meal, pray that the Lord will let me not burp after the meal, and pray that the Lord will absorb everything I eat, so that I will become healthier and more handsome. Amen!"

No way, who let old Smith and grandma be there, it's tradition.

After drawing the cross, everyone opened their eyes, and Auston gave Andy a white look angrily, and Andy's grandmother just shook her head lovingly and chuckled, although Andy's prayer was a bit funny, but God would still bless him.

Old Smith also smiled, then picked up his glass, looked at Andy and said, "Let's raise a glass to Andy together." โ€

"Thank you. I'll keep working hard to make money!" said Andy with a smile and raised his glass.

Everyone couldn't help but chuckle, and everyone was proud and proud of Andy's achievements today, especially for Old Smith, the meaning was even greater.

โ€œใ€‚ใ€‚ใ€‚ Seriously, grandpa, you suddenly issued a ban on short sales, but you have made a lot of mistakes, including me, you can't imagine how much money I have made less, hey. Andy still has a lot of complaints about this.

Old Smith swallowed the tender veal, took a sip of red wine, and said with a light smile: "As a game with designated rules, when Wall Street can't play it, they must understand that what they should do now is to be obedient." โ€

Andy's expression was slightly embarrassed, the corners of his mouth twitched, and he complained helplessly: "I have begun to sympathize with Paulson, he has been in a nondescript position in the rescue of Wall Street, and seems to have supreme rule over Wall Street, but he is subject to Congress, and his own position is in a precarious situation at any time, tsk, I am afraid that the debate about Paulson's actions in this financial crisis will never end." โ€

"Hehe, this is just the beginning, Andy. I thought you could write "House of Cards", you should be able to see the essence of DC, it seems that I am a little too optimistic, whether it is a financial crisis or a financial turmoil outside, in DC, there is only politics. โ€

Old Smith shook his head and smiled, unfazed by his grandson's complaints, "You can't get praise from a disaster that has been averted, you can't run to the voters and say, "Hey, it's bad, but you know what? If it weren't for me, it would have gotten worse!"

Paulson and Bernanke's main plan was to apply to Congress for grants to buy distressed assets or inject capital into banks. Paulson struggled to explain Wall Street jargon, but the president clearly heard it, but I knew that the president and I thought the same thing, and as an Elephant man who was strongly inclined to let the market solve the problem, the president had a gut resistance to Paulson and Bernanke's plan.

SAVING WALL STREET COMPANIES EXPOSES THOSE INVOLVED IN DECISION-MAKING TO MORAL HAZARD, PUTS INNOCENT NASORS AT THE COST OF GREEDY HUMANITY AND FAILED BUSINESS MODELS, AND POTENTIALLY ENCOURAGES THE CREATION OF DERIVATIVES THAT TAKE HUGE RISKS TO MAKE HUGE PROFITS, BECAUSE IF THE GAMBLE IS LOST, THE GOVERNMENT WILL COME OUT AND COLLECT THE MONEY. This is unacceptable to us, so in the case of Lehman, we are left to our own devices, even if it makes President Flying Shoes uncomfortable... โ€

"And what about AIG Group?" Andy asked rhetorically.

"The development of events is somewhat unimaginable, and the ripple effect does bring the risk of financial collapse, and once the financial sector is paralyzed, due to its industrial nature, the paralysis will affect all industries, and the unemployment rate will rise to historically rare heights. No one can afford to be held accountable for such a risk. โ€

Andy looked at the calm and calm old Smith, pulled the corners of his mouth slightly, raised his hand to make a surrender form, shook his head helplessly and said, "Okay, okay, then the next rescue plan, if it is vetoed by the Donkey Party?"

"We're happy to see it happen, and the donkey party will naturally bear all the consequences, so maybe McCain can easily get into the White House. It's a pity that neither Nancy nor O'Black Bull will be so idiotic. Old Smith said lightly, it seems that the possible destruction of those companies in one or two hundred years is not in his consideration.

Andy couldn't cry or laugh, he looked like he was convinced of you, DC is really full of pits, and everyone is no longer on the same line at all.

"Okay, okay, it's dinner time, don't take your work home... Seeing her grandson's expression, Grandma Andy stopped the conversation at the right time and continued, and the family began to talk about light topics.

Only Auston was a little depressed, although he was very happy to see his demonic son eating deflated, but he found that he had lost his sense of existence for a moment, and he could only listen honestly to the whole process, which had to make him vomit blood depressedly.

At the end of dinner, in the living room, Andy, Old Smith, and Alston sat on the sofa drinking coffee and chatting, and Old Smith made some comments and some flaws to the content of the second volume of "House of Cards".

Overall, the content of the second book is too dark, and the characters tend to be more stereotyped, although there are more reversals, but the logic is more flawed, such as the tragic death of Frank pushing Zoe off the subway.

For politicians, the risk of killing people in person is too great to fit the personality of the scheming. Of course, some people will have xing fetishes, but at least there has to be foreshadowing, if politicians are like rock stars who improvise and treat their subordinates as bone skins, he can't be in the officialdom for too long... โ€

Old Smith didn't speak half-hidden, but said his opinion very bluntly, "The most important point, Andy, no one can win all the time here, no one in your book seems to be on par with Frank, whether it is the enemy, or the person who is kept in the dark by him and used stupidly, how is this possible? โ€

"Poofโ€”"

Auston, who was drinking coffee, didn't hold back and laughed directly, while Andy twitched the corners of his mouth very embarrassed, well, in order to save trouble, he just reproduced it, and every plot in the play became words, and there would be consideration of correcting some unreasonable places, and besides, this is romance, seven points of truth and three points of falsehood can add drama.

"Well, I'm going to give Frank a little retribution and punishment, if not for the so-called "justice", but a little "doping" for the audience. Andy shook his head and laughed.

"Hehe, I'll ask someone to send you some information, to be honest, some ideas really inspired me, I have to say, there are really some feasible operations. Old Smith said with a smile.

Andy blinked a few times uncertainly, looked at Old Smith, and Old Smith smiled and waved his hand, ignoring Andy's cuteness, took out a document from the bag on the side, handed it to Andy and said, "This is the latest decision of the Federal Reserve Board, you can take a look." โ€

Andy hesitated, looked at old Smith and said, "I don't think there's a problem?"

"Stinky boy, I know more about those secrets than you do. Old Smith laughed angrily at Andy's question, and scolded with an angry smile.

Andy shrugged, took the file and looked at it quickly. The content of the document is that the Federal Reserve Board of China once again decided at its regular decision-making meeting to keep the federal funds rate, that is, the overnight lending rate of commercial banks, unchanged at the current 2%. This undoubtedly exceeded everyone's expectations that the Fed would cut interest rates by 0.25 or even 0.5 percentage points.

"It seems that the stock market is about to rebound tomorrow!" Andy closed the document, his eyes narrowed slightly, and then he looked at Old Smith with a smile and said in a firm tone.