Little Swift was severely criticized.
Ever since his words on the TV talk show were broadcast, he faced widespread condemnation both online and offline, being branded a traitor to the United States and a running dog of China.
Simultaneously, a large number of people online called for everyone to withdraw their money from Western Mustang Wallets and transfer it to other e-wallets. This was seen as the best way to retaliate against Western Mustang Fund and the traitorous Little Swift.
To be fair, this method was indeed effective. According to the data periodically disclosed by Western Mustang Fund a few weeks later, due to a single statement from their general manager, Little Swift, the Western Mustang Fund lost over 60 billion US dollars, a decline of more than 5%. This money naturally flowed into other e-wallets.
The internet was filled with celebrations, rejoicing in their successful punishment of a national traitor, a great victory.
However, most of the netizens celebrating this victory online had not carefully read the report.
If they had looked closely, they would have discovered that their victory was even greater. In that financial report, the total amount of dispersed investments that flowed out was as high as 130 billion US dollars, more than double the figure of 60 billion US dollars. This fully proved that the American people were indeed the most patriotic people in the world, deserving five-star praise.
But why did it ultimately come down to 60 billion US dollars?
Because while 130 billion US dollars flowed out, 70 billion US dollars flowed in, and all of this 70 billion US dollars came from Wall Street investment institutions.
In other words, while the patriotic American public was happily punishing a national traitor, the major institutions on Wall Street were secretly sending money to the traitor.
Regardless, Western Mustang Fund suffered its biggest loss since its inception and fell into a public relations crisis. However, Western Mustang Fund made no comment on this. Little Swift himself was exposed as having joined the Interracial Mutual Aid Alliance, proposed by Madam Versailles, to serve his fellow countrymen.
Then, Little Swift was criticized for seeking a quick fix, trying to salvage his tarnished reputation through service.
There was also a group of netizens online planning to teach Little Swift a lesson, intending to set his house on fire. Unexpectedly, Little Swift's house was in a Black neighborhood. The moment these white people appeared, they were spotted by the nearby Black residents.
When they were taken to the police station after leaving the Black neighborhood, they were beaten so badly that their own mothers wouldn't recognize them.
It's important to remember that Little Swift invested tens of millions of dollars annually in his Black neighborhood for infrastructure development, improving the educational environment, and helping the entire community escape poverty. It would be absurd for the Black residents here to allow anyone to burn down his house.
In fact, Little Swift had a very good reputation among the Black community, at least much better than the current President standing on the stage.
Although this President constantly spoke of changing America, improving the status of Black people, and so on, he had been in office for three years. Apart from enriching a large number of wealthy individuals and constantly tinkering with his healthcare plan, he had hardly implemented any policies that benefited his own people.
Some might argue that healthcare was a major policy that could help many Black compatriots who couldn't afford medical treatment.
But the problem was that this Black President's healthcare policy did not provide free healthcare for all the poor; instead, it required everyone to pay for health insurance, albeit at a lower cost.
A normal American typically paid several hundred dollars a month for health insurance. However, poor Black individuals only needed to pay a few dozen dollars.
This sounded good, but the problem was that these Black people couldn't even afford a few dozen dollars a month. According to the President's policy, this health insurance was mandatory. If they had a job, relevant departments could directly deduct the dozens of dollars in health insurance fees from their wages.
Furthermore, the effects of high-cost and low-cost health insurance were different. High-cost health insurance covered almost all medical expenses, while low-cost insurance only covered major illnesses with high treatment costs. Minor ailments like headaches, fevers, or minor stab wounds were not covered.
Otherwise, hospitals in the United States would charge hundreds of dollars in service fees just for taking your temperature. A single hospital visit could easily cost seven to eight thousand dollars in bills. Black people, with their various struggles, had a higher incidence of internal and external injuries and illnesses than the average person. How could an insurance company that charged only a few dozen dollars a month not go bankrupt from such claims?
Therefore, it was ultimately stipulated that only a portion of major illnesses would be covered by health insurance, while minor ailments would still not be.
This policy sounded reasonable, but the problem was that major illnesses might only occur a few times in a lifetime, and encountering one might even mean death.
Thus, in the eyes of those Black people, this was the government forcibly taking their meager savings through various means to give to insurance companies. And after buying health insurance, they still couldn't get treatment costs reimbursed, which was even more despicable than robbery.
Subsequent events proved that this President's healthcare policy reform was a complete failure. Both the rich and the poor strongly disliked this healthcare policy.
The rich felt that the policy was using their paid insurance premiums to treat the poor. After all, with the implementation of this policy, insurance premiums had also increased slightly, and insurance companies were making up for the losses incurred by the universal healthcare plan.
As for the poor, as mentioned above, they felt they were being robbed.
In later years, people saw the next president fiercely attacking the previous one's healthcare policy, even canceling it completely and restoring the original system on his first day in office.
This wasn't because the President was truly insane, but because there was indeed a massive amount of public support. Otherwise, he wouldn't have won the presidency with the proposals of building a wall and abolishing the healthcare policy. The entire American populace detested this policy.
Well, that's a bit of a tangent. Let's get back to the main topic.
In comparison, the policies Little Swift introduced in Western Mustang Wallet were far more popular.
This was because Little Swift decisively launched a "poor people's finance" policy within Western Mustang Wallet.
Normal financial products have purchase restrictions, with a minimum of 1,000 US dollars.
However, Western Mustang Wallet's policy started at 1 US dollar. As long as you had one dollar, you could directly engage in financial management.
Furthermore, Little Swift also brought "Spend Freely" to the United States. Similar to later years, as long as there was a need for money, you could spend money first within Western Mustang Wallet and then repay the monthly bill at the end of the month.
If it couldn't be repaid all at once, it could be repaid in installments. Essentially, it was a transplant of Huabei (a popular Chinese credit service).
This was an incredible boon for Black people, meaning they had money fall from the sky; Little Swift was giving them money.
The consequence of being unable to repay the debt was that their Western Mustang Wallet would be frozen until they fully repaid the money. There were no other means of retaliation or debt collection, which made the Black brothers even more touched. This was like an angel falling from the sky!
Some might feel unhappy, claiming he was using Mr. Huang's money to buy popular support.
This statement is actually incorrect. Firstly, the borrowed money was paid from the funds deposited by other Western Mustang Wallet users into their wallets; not a single cent of Mr. Huang's money was used. This was all American money.
Secondly, although anyone could borrow money, individuals with poor credit could only borrow up to 5,000 US dollars. While their accounts were frozen, the government's monthly subsidy of 500 US dollars would still be credited. This money would be used first to repay the debt. Typically, freezing the account for one or two years would allow the money to be fully recovered, meaning not much loss. It was equivalent to pre-paying the Black brothers' subsidies, but in exchange, it garnered the gratitude and affection of many Black brothers, who hailed Little Swift as their god!
Therefore, although Little Swift was severely criticized online, in reality, no one dared to do anything unfriendly to him, this financial god of Black people, lest they offend the entire Black community of New York, which was a terrifying prospect.
While Americans were busily making a fuss, Mr. Huang once again received an invitation from China High-Speed Railway Development Company, inviting him to be among the first customers to experience a magical journey from Yunnan to Guangdong.