Wealthy folks on strike

Treasury Secretary Steven Munchin, speaking on the eve of the 30th anniversary of the 1987 market crash, predicted stocks will plunge if Congress fails to overhaul taxes."There's no question in my mind if we don't get it done you're going to see a reversal of a significant amount of these gains," Mnuchin told Politico on Wednesday.Mnuchin's warning -- a highly unusual one for a sitting treasury secretary -- suggests he fears a drop of at least thousands of Dow points. The average has spiked almost 5,000 points since last fall's election, a rally that President Trump often celebrates as evidence of his success.

The super wealthy can no longer be guaranteed the market rises as they fund Congressional debt.  Ned should know, he was head life insurance salesman at Goldman-Sachs.   Tis is a threat, either the Swam cu taxes on the super wealthy of interest charges are going up.