Once McClass's program on Columbus TV was broadcast, it immediately caused an uproar across the United States.

After all, McClane's performance almost always revealed Walsh's name, which made people realize that the new bill that Walsh could have issued before was a conspiracy against shale oil, with the goal of helping his sponsors suppress their opponents.

Of course, considering the public opinion logic here, Zhou Ming also continued to publish articles in mainstream newspapers and magazines.

Compared to the concealment on TV, the articles in newspapers and magazines are very straightforward, pointing directly at Walsh Jr.

The article says that Walsh Jr. had established some connection with the Texas Petroleum Industry Group as early as when she was Governor of Texas. Later, until Walsh Jr. ran for election, the Texas Consortium gave Walsh Jr. the most funding.

In order to get Walsh Jr. to be elected successfully, the Texas Consortium even cooperated with other states to openly modify the votes to prevent the recount.

Walsh Jr. was elected president by these despicable means. After he was elected, he naturally needed to repay his favor and use the president's power to repay the oil consortium in Texas.

As a result, this incident was against Pissart. Since Pisart discovered a large amount of shale oil in the Egasden area, the shale oil revolution threatened the interests of the Texas Petroleum Consortium, Walsh Jr. was willing to sign a new bill without any hesitation to unconstitutional...

Of course, these newspapers were also delivered to Walsh's desk at the first time.

Little Walsh was furious when he saw it: "Zhou Ming, this bastard, and these media, they are all bastards raised by bitches. I don't want to let them go. You guys will prepare a bill for me immediately. I can sign it at any time. I want these bastards to die!"

Compared to President Walsh who was furious when he slapped the table, Vice President Cherney, Secretary of State Ball and other cabinet aides had a much more modest reaction.

After all, they are all old fry, and they can see such obvious marketing that they can see clearly at a glance.

They knew better that if Walsh had a move at this time, even if he had just a little positive response, he would be caught by the other party.

And if it really comes up with a new bill as Walsh Jr. said, it would be even more amazing. All media will have an instant climax, and then they will make endless work on this matter. Walsh Jr. will always have this retention problem when facing the media in the future.

As for Zhou Ming, he even laughed out loud, after all, the effect of unilateral collisions can never be as good as interaction.

They could see it clearly, they thought Walsh could see it clearly, now Walsh was just angry, and what their cabinet aides had to do was to tell the president not to make any decisions in anger.

"Mr. President, I don't think these contents are worth our efforts to pay attention to, and this Mr. Zhou Ming obviously doesn't understand the United States," said Cherney.

Cherny is the person Walsh Jr. Relying on the most important part of his prestige within the party, but more importantly his vision. Therefore, Walsh Jr. must pay attention to his opinions.

Walsh Jr. was curious why Cherney said that Zhou Ming didn't understand the United States.

Cherney pointed to the news in the newspaper and told Walsh Jr. that the Federation emphasizes procedural justice. As long as the president's actions are legal and compliant, his methods cannot pose any threat to Walsh Jr., and even the impeachment proceedings in Congress will not be initiated.

“Here’s the other person

I had no intention of driving me out of the position of president!" said Walsh Jr.

This made Cherney and Ball not know how to answer, because they both had such a judgment, but this judgment was too disrespectful to the president.

Waving his hand, Walsh Jr. said he skipped the topic.

"What do you think this bastard is trying so hard to promote now, what is his purpose?"

Robert gave the answer to this question. He had two guesses, the first one was to stabilize the stock price.

"After all, Pissart has just reorganized its shares. No matter how he explains it, the market will lose confidence in it. Therefore, if he wants to stabilize market confidence, the best way is to constantly create good news or other news."

Walsh Jr. and Chelny both nodded and agreed with this speculation.

Of course they were also curious about what Robert had another guess.

Robert told them his second guess that they were going to borrow.

"Actually, this is similar to the previous meaning of selling stocks, but since the new bill of Mr. President does not allow them to release shares in a large proportion, especially for pre-sale shares, they need a large amount of funds, so the best way is to borrow money."

Robert said that generally corporate debt borrowing has two directions: one is to borrow money from banks or other institutions, and the other is to issue corporate debt.

"No matter where he borrows money, he needs to stabilize his valuation first, especially to stabilize his valuation at a relatively high position, so that more corporate bonds can be issued."

Cherny immediately asked: "Mr. Robert means that they will continue to push up their stock price next?"

Robert shook his head and answered, not necessarily. Although whether it is borrowing money from banks or issuing corporate bonds, the higher the valuation, the more you can borrow, it does not mean that the higher the market value, the better.

Because creditors, whether they are banks or ordinary investors, will hope that the companies that borrow money will remain stable.

Just imagine if Pisart pushed up its stock price today, raised its market value, and issued corporate bonds, and the market value would plummet tomorrow, which investor would still have confidence?

The direct result is that corporate bonds will be sold, making it increasingly difficult for companies to borrow money in the future.

After getting the answer, Walsh couldn't help but sigh. He actually hoped that Zhou Ming would do this, because in this way he just needed to create a targeted stock market crash for Zhou Ming, but if Zhou Ming came steadily, there would be no way.

Cherny seemed to notice something, and he asked Robert if he was more inclined toward the second guess.

Robert said: "From their rush to issue stocks, even pre-sale stocks, they are speculating, and using corporate bonds can achieve similar effects as stocks, especially now that the Federal Reserve is constantly cutting interest rates, they can get a lot of funds without paying so much interest."

"Damn bastard! We must stop this conscience-ridden speculation!" said Cherney.

Robert smiled helplessly and said that this may be difficult. After all, corporate debt is not as good as stocks, and it cannot be simply restricted by a financial framework.

“Stocks may also endanger the security of the capital market, but we have no reason to stop others from lending money to Pissart.” Robert said, “Unless the national security card is played, but this…”

Robert's

He didn't finish his words, but everyone understood what he meant.

It is true that everything can be managed after playing the national security card, but there are also legal problems. If the other party sues the court, it would be normal for such a case to be delayed for a year or two.

And even if it can succeed, it does not mean that it can really jamm the other party's funds. The other party can continue to borrow money through an agency.

This kind of behavior is beyond the control of the federal government.

Hearing this, Housing Minister Martin made a suggestion to Walsh Jr. and left the Chinese alone.

"Anyway, his purpose of borrowing money is to buy land, which in essence has stimulated the development of the national real estate industry and is in line with the policies of the federal government."

Cherney expressed his firm opposition to this.

"Can't you see Minister Martin? Zhou Ming's policy is a speculative act. If he is allowed to continue doing this, he may become an economic bomb like the Internet bubble in the future!"

Cherney was almost scolding: "Do you want to disqualify Mr. President from re-election?"

The rest of Robert and others are very moderate. They think Chelney and Martin are right, and believe that Pissart's open speculation cannot be ignored, but must also be kept to a certain extent. After all, to a certain extent, it also represents an economic freedom.

"Mr. Chelney's concerns make sense, but maybe things are not that bad, because on Wall Street, issuing corporate bonds is very common. Even if a company can't afford to pay it back occasionally, it won't cause any storm."

"The original intervention in the company's shares has put a lot of public pressure on the federal government. If you interfere with corporate debts, you are afraid that the reaction of the stock market will make the federal government even more stressed."

"We cannot indulge Zhou Ming's approach because of his speculation that has affected the real estate market. We must take care of it, but we need to pay attention to the method..."

The other cabinet aides' persuasion from left and right made Walsh even more annoyed, because although they all seemed to be proactive in expressing their opinions, in fact, what they said was nonsense!

Finally, Walsh Jr. had to slap the table hard and interrupt their discussion of moderation.

"Mr. Robert." Walsh Jr. looked at his finance minister, "Can you calculate as soon as possible how long will it take for Zhou Ming to issue corporate bonds like this affect the economy?"

Robert subconsciously wanted to say that this situation was impossible to calculate, but when he saw Walsh's firm eyes, he immediately understood.

"If they can guarantee that corporate bonds are issued legally and compliantly, I can guarantee that there will be no accidents in their corporate bonds for at least ten years!" Robert said.

Little Walsh smiled: "Look, isn't this the matter solved?"

"The United States is a country that emphasizes economic freedom. We can regulate a company, but at the same time we have no right to obstruct any economic behavior."

"So as long as Pissart's behavior complies with the law, we should not over-interfere in the issuance of corporate bonds and devote the federal government's energy to such things."

"The most important thing for us now is to complete the war preparations for terrorist organizations, retaliate against the 119 attacks, and give our people an explanation!"

There is no doubt that the president has decided that Cherney, Martin and others immediately stopped the dispute and kept expressing support.
Chapter completed!