@ClyburnSC06 while you are investigating @moderna_tx and @realDonaldTrump for possible manipulation/crimes on the virus drugs, you MUST hold @federalreserve @stevenmnuchin1 @USTreasury accountable for using taxpayer dollars to buy the bonds of two companies with
$100billion in cash net of debt so those companies can use the money to buy back their shares. This includes @Apple and Berkshire Hathaway primarily and other leading companies with stocks at ATH as well.
@federalreserve told us these measures are essential. I don't think the others or the taxpayers or the unemployed or those in food bank lines or being evicted agree.
Berkshire had good profits on on operations but on portfolio gains. My goodness, this is what has happened here.
@SpeakerPelosi was right to call out the market gains on @federalreserve whoring (my paraphrase) of markets.
Tim Cook just announced @apple will sell more bonds for the purpose of buybacks and dividends. Does the @federalreserve @WhiteHouse deem this essential use of funds?
The DC Swamp needs to finally take control and do something. Tim Cook likely known @apple stock would be $100ish w/o these measures. Cook isn't innovating, he is financial engineering the rigging of Apple stock IMO and taxpayers are assisting this.
Will you do something that is tricking material? I doubt it but I hope so.
You can follow @jmllubber.
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