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To: Steve Van Doorn

[Doesn’t matter if Biden or Trump wins. Wall street wants more control. It’s the small business that are being destroyed. ]


Not a question of control. Think market share and increased revenues and profits. Big businesses are diversified across geographies. Small businesses are not. Big businesses are better for banks from a cost standpoint. One big loan vs thousands of small ones. Big businesses, especially exchange-listed companies, are audited and inspected routinely by a bunch of government agencies. Small businesses - who knows whether what they’re doing is on the up and up?

As a result, big businesses have better luck getting financing to get them over a rough patch. Small businesses have much less luck doing so. Bottom line - Wall Street doesn’t care if every single small business goes belly-up, since they don’t make Wall Street any money.

If this run of small business bankruptcies goes up, I can see a huge number of small business owners becoming firmly Republican even if they weren’t originally GOP-leaning. They are discovering that voting Democrat can literally mean the loss of your life savings. When you lose everything you’ve worked for, over decades, that leaves a mark. I doubt they’ll ever forget this lesson.


112 posted on 01/06/2021 12:13:11 AM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: Zhang Fei

Agreed for the most part. (R) are not the good guys in this. We have a shorter list of friends then I expected


113 posted on 01/06/2021 12:16:24 AM PST by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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