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With all these companies going public it is obvious they are planning for a crash after the election

• deleted 6y ago
  [deleted]
• howmayiannoyyou 6y ago
  This shouldn't have been downvoted and here is why: there is a mad dash for liquidity by corporations who expect to have cash problems Q42020 through ??. You're seeing it in S1's, credit-line drawdowns and bond issuance. An infrastructure bill was badly needed in Q2/Q3 to have impact in time. As it stands now it will hit too late and another round of USGOB aid will be needed by companies small and large. This will happen regardless the extent of fall and winter quarantine needs. The inability of Congress and the White House to put politics aside is going to cost American workers and companies dearly. It will not have been worth the political gains either side expects. There was never a time in this Country's history that bipartisanship was this needed, at least since WWII. The failure defies words because even in less critical times names like Baker, Johnson, Dole, Rayburn, O'Neill, Rostenkowski and others - some corrupt - put self-interest aside briefly to conduct the country's business. We are to blame by the way. The HN community is comprised of many bright, successful and/or wise folks from all political spectrums. We're either caught in the partisanship, or we're silent and checked out.