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Latest Articles: Business/Finance

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Suck It, Wall Street
Post Date: 2021-01-30 10:00:05 by Ada
In a blowout comedy for the ages, finance pirates take it up the clacker In the fall of 2008, America’s wealthiest companies were in a pickle. Short-selling hedge funds, smelling blood as the global economy cratered, loaded up with bets against finance stocks, pouring downward pressure on teetering, hyper-leveraged firms like Morgan Stanley and Citigroup. The free-market purists at the banks begged the government to stop the music, and when the S.E.C. complied with a ban on financial short sales, conventional wisdom let out a cheer. "This will absolutely make a difference," economist Peter Cardillo told CNN. "Now, if there is any good news, shorts will have to ...

Bonfire of the Shorts
Post Date: 2021-01-29 07:26:45 by Ada
If you’re new to high finance, then the concept of “shorting” is bizarre and convoluted. People actually make money from stocks falling? How is this possible? Why is it legal? Does this contribute anything to society? Am I missing out? Here’s how shorting works. Let’s say you have a neighbor who is a cat lady that collects Beanie Babies. She has one prized beanie called Roary the Lion, worth $5000 (according to the intellectual darkweb, where these things are traded). Unfortunately, she’s got some bills coming due this month and she doesn’t want to be forced to sell Roary. So you offer to borrow Roary from her for 3 months in exchange for $200. ...

The Reddit Rebellion: Gameplay and Melvin Capital
Post Date: 2021-01-28 20:44:38 by Pinguinite
Glenn Greenwald breaks down the GameStop / Reddit short selling war.

Duck Duck Go’s far-left political donations and abuse of user data have users FUMING
Post Date: 2021-01-28 08:49:20 by Ada
For far too long, the internet has been under the thumb of Google. The tech giant has infiltrated a vast majority of our daily lives with near impunity. We use Google for recipes, mainstream news, medical advice, GPS directions, email…the list goes on. This immense conglomeration of power has been largely ignored by the smartphone- satiated masses, who would gladly trade their privacy for convenience in this new digital dimension. But we must we wary of Google and the gravity of their monopolistic maneuvers. Their power is already far too great, and we know from investigative reporting that the corporation has no problem openly interfering in American democracy, thanks to the folks ...

ZH Crazy World headlines
Post Date: 2021-01-27 18:01:53 by Esso
Biden Assembling Commission To Study Supreme Court Reform (-) Cicada Mania Begins This Spring; Hungry Americans May Be Eating Insects (-) SEC Joins Biden Admin In "Actively Monitoring" The Marketwide Short Squeeze (-) Bills Introduced In Mississippi And Tennessee Would Repeal Sales Tax On Gold And Silver (+) Another Snowstorm Headed For Midwest, Northeast? (-) Apple's Blockbuster Quarter: Revenue Tops $100BN, Record China Sales, Across The Board Beats (-) Ron Paul: When Fascism Comes, It Will Be Wearing A Mask (-) Tesla Plunges After Rare Earnings Miss, Lack Of Guidance (-) Facebook Shares Slump After US Users Fall For 2nd Straight Quarter, Warns Of "Significant ...

GameStop: Wall Street rattled by populist takeover!
Post Date: 2021-01-27 10:54:53 by Esso
Poster Comment:I have no idea what this is about, but apparently it's big news today.

Flying Blind
Post Date: 2021-01-26 10:30:21 by Ada
Events are in the driver’s seat now, not personalities. Gil Scott- Heron was right way back in the day when he said, “the revolution will not be televised.” Only what he called “revolution” turns out to be collapse, led by the disintegrating news business, so that the people of this land are flying blind into a maelstrom of hardship. Everything is going south at once here, and you probably don’t know it. If you think we’re headed into a transhuman nirvana of continuous tech-assisted orgasm, social equity, and guaranteed basic income, you are going to be disappointed. Our actual destination is a neo-medieval time-out from all the techno-dazzle of recent ...

Should bitcoin be a reserve currency? Is gold price ‘fixed’? Ron Paul answers (Pt 2/2)
Post Date: 2021-01-25 16:10:19 by BTP Holdings
Watch part 1 of this interview: youtu.be/5MHJL-jc-Io Whether or not bitcoin should be a reserve currency should be left to the free markets to decide, said Ron Paul, former Congressman and host of the Liberty Report.

Ron Paul on the next economic collapse, America's future, and universal basic income (Pt. 1/2)
Post Date: 2021-01-25 08:50:21 by BTP Holdings
Watch part 2 of this interview: youtu.be/18iVvYPw14w We need less, not more government intervention, and the stimulus that Americans have received is only going to exacerbate the current economic bubble that we’re in, said Ron Paul, former Congressman and host of the Liberty Report. “When the inevitable correction comes it’s going to be more violent than ever before,” Paul said.

Canadian official slams Biden for nixing Keystone XL pipeline as jobs diminish
Post Date: 2021-01-22 18:02:42 by Esso
Poster Comment:I hear there's going to be plenty of jobs coming up when Bidet moves the Mex border wall up to the 49th parallel to keep that nasty greasy oil away. I'll probably get a chance to meet y'all on the chain gang.

After Years of Secretly Buying Up Land, Bill Gates Becomes Biggest Private Owner of Farmland in America
Post Date: 2021-01-19 14:36:44 by BTP Holdings
After Years of Secretly Buying Up Land, Bill Gates Becomes Biggest Private Owner of Farmland in America After Years Of Buying Land, Bill Gates Becomes Biggest Owner Of Farmland In America By Kipp Jones Published January 17, 2021 at 10:35am Bill Gates, the eccentric Microsoft co-founder who has no college degree but a lot of money — and interest in current events — is now the country’s largest private owner of farmland, and nobody seems to know why. According to The Land Report, which tracks statistics on major property ownership, Gates and his wife, Melinda, over the years have quietly purchased 242,000 acres of farmland, and an additional 27,000 acres of non-farmland, ...

Housing may again be behind the 2008-ball
Post Date: 2021-01-17 09:18:35 by Ada
We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking system that is at one minute solvent, and the next on the brink of collapse. Of course, such calamities are never totally unexpected. The banking system was flashing warning signs about a year before the worst of the 2008 financial crisis. The pandemic was ravaging China before it came to the US, even if we were told it would evaporate once the warm weather hit. Here’s another so-called unexpected disaster flashing warning signs that will have severe consequences for the American taxpayer if (or when) it arrives: A massive new housing ...

Bali: Study Shows Monkeys Identify Valuable Items to Steal and Ransom for Food
Post Date: 2021-01-16 08:56:21 by Ada
I think it’s kinda racist to report this story. Everyone who reads it is going to think of BLACK people, and that is going to lead to further irrational hatred for the color of the skin. CNN: The well known phrase cheeky monkey has some basis in fact, if a new study on the behavior of the primates is anything to go by. The paper, published in a Royal Society science journal, studied monkeys at Uluwatu Temple in Bali, Indonesia, who frequently steal items from humans — such as bags, hats, sunglasses, tablets and phones — and hold them to ransom in exchange for offerings of food. It found adult wild long-tailed macaque monkeys were intelligent enough to comprehend which ...

Goya CEO: 'We got the iceberg of communism ahead of us'
Post Date: 2021-01-15 15:22:56 by BTP Holdings
Goya President and CEO Robert Unanue discusses capitalism and the rise of socialism.

From Bitcoin To Hedera Hashgraph (Documentary) Hidden Secrets Of Money Episode 8
Post Date: 2021-01-15 13:29:15 by BTP Holdings
Bonus Features: www.hiddensecretsofmoney. co m Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. In 2008 a new technology was introduced that is so important that its destiny, and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity. But if allowed to remain free and flourish - it could foster unimaginable levels of peace and prosperity. It has the power to replace all financial systems globally, to supplant ninety percent of Wall St, and to provide some functions of government. It has no agenda. It's ...

Biden's DHS Nominee Has Raked in Millions Working for Big Tech and Wall Street
Post Date: 2021-01-14 12:56:03 by BTP Holdings
Biden's DHS Nominee Has Raked in Millions Working for Big Tech and Wall Street By Cameron Arcand Published January 12, 2021 at 3:12pm President-elect Joe Biden’s nominee for secretary of homeland secretary, Alejandro Mayorkas, might face scrutiny from progressives for his legal background. Mayorkas is a lawyer who made more than $3.3 million representing several large corporations in the past two years, according to financial disclosures reported by Politico. https://twitter.com/AliMayorkas/status/133098844140073370 2? ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E133098844140073 3702%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.westernjourna ...

ECB Head Christine Lagarde Calls For Global Regulation of “Reprehensible” Bitcoin
Post Date: 2021-01-14 10:43:11 by Esso
“Bitcoin has conducted some funny business.” Head of the European Central Bank Christine Lagarde has called for global regulations on Bitcoin, labeling the cryptocurrency “reprehensible.” Lagarde made the comments during a Reuters Next conference earlier today, during which she asserted that Bitcoin was not a currency. “When you look at the most recent developments upward, and now the recent downward trend … for those who have assumed that it might turn into a currency, terribly sorry but this is an asset and it is a highly speculative asset,” she said. #Bitcoin ‘has conducted some funny business and some interesting and totally reprehensible ...

Reporter and Professor: Where Did I Go Wrong?
Post Date: 2021-01-01 07:30:48 by Ada
I was raised in the work-for-the-same-company-all-your-life-and-retire-with-a-gold-watch era. Today, however, we’re told we’ll have several careers over a lifetime; indeed, if you stay at the same job for more than a few years you’ll be viewed as dull and stagnant. I was ahead of the curve—for over 50 years I worked as a broadcaster, journalist, church pastor, primary and secondary school teacher, and a university professor. Perhaps only Sinatra did more, singing of being a “puppet, a pauper, a pirate, a poet, a pawn, and a king.” Some jobs got more respect than others. Starting out in radio, a fellow disc jockey and I would tell the joke of the stricken ...

Did You Say Mobile Homes as Chic Affordable Housing?
Post Date: 2021-01-01 06:55:04 by Ada
Ur-New Urbanist Andres Duany bucks some dogma and orthodoxy on the housing crisis. The following is a lightly-edited extract from a podcast conversation I had with Andres Duany, a principal founder of the New Urbanist movement. In it, Duany proposes the mobile home as an intelligent response to the affordable housing crisis—bucking the dogma and the orthodoxies of our horrified New Urbanist colleagues. The full interview can be heard here (no paywall). Kunstler: I know for a couple of years now you’ve been studying the mobile home industry, mainly as a way of figuring out how to deliver affordable dwellings to people. This has raised a lot of ire among our fellow New ...

Lou Dobbs Tonight 12/29/20 | Fox Business | December 29, 2020
Post Date: 2020-12-29 19:41:47 by BTP Holdings

Jim Rickards: Brace for a Great Escape from the Dollar and a Flood of Money into Gold and Bitcoin
Post Date: 2020-12-29 17:43:08 by BTP Holdings
Best-selling author Jim Rickards talks about a great escape from the U.S. dollar in 2021 and a massive influx of money that will flow into gold and bitcoin. "People are getting in gold and bitcoin because they want to get out of the dollar," the Currency Wars author tells our Daniela Cambone as part of the Outlook series. Rickards also talks his new book, The Great New Depression, and how the first quarter of 2021 will be marked with a recession.

The Biden Crime Family! “Get Joe Involved” but Don’t Tell Anyone
Post Date: 2020-12-28 19:23:19 by BTP Holdings
The Biden Crime Family! “Get Joe Involved” but Don’t Tell Anyone rachel December 22, 2020 The Biden Crime Family! “Get Joe Involved” but Don’t Tell Anyone Hunter Biden’s former business associates James Gilliar and Tony Bobulinski have some text messages that they probably hoped would remain under wraps. Unfortunately, these messages have fallen into the hands of Fox News and they are damning. In 2017, these men were talking about setting up a deal with a Chinese energy company. Of course, this dynamic duo wanted to get Joe Biden into the fold as well. It would be a delicate balancing act to keep him involved because he would need to avoid face to face ...

Deadliest jobs in America statistics reveal racial disparities
Post Date: 2020-12-25 17:03:40 by Dakmar
More than 5,300 people died on the job in 2019. In a 12-year high, a worker died every 99 minutes, the Bureau of Labor Statistics (BLS) reported in its annual statement. This marked a 2% increase of 2018, but a 10.3% leap from 2015 to 2019. But it was the racial disparity contained in this increase that jumped out. While some jobs and industries were more dangerous than others, a glaring statistical change was in the racial disparities evident in a breakdown of the numbers. Among white workers the five-year rate increased 1.7%, while Hispanic and Latinx workers saw a 20% leap, Black and African American deaths jumped 28%, and Asian-American fatalities grew by 59%, as the National ...

Congress Works Overtime to Secure Completely Dumb and Pointless Coronavirus Relief Bill
Post Date: 2020-12-20 09:50:31 by Ada
The relief bill is the epitome of inconsequential. Whatever happens: The economy is going to totally collapse When it does, you won’t have any money Yes, a lot of people need a check. But all it will be is money you can spend for however long it lasts. You can’t build anything out of it. NBC News: Senior lawmakers reached a compromise over the Federal Reserve’s emergency lending powers late Saturday night, overcoming a major hurdle that prevented Congress from completing a $900 billion coronavirus relief package earlier in the week, according to multiple sources. A last-minute roadblock emerged on Friday as Democrats accused Republicans, namely Pennsylvania’s ...

Clearfield Doctrine
Post Date: 2020-12-17 17:54:59 by BTP Holdings
Clearfield Doctrine By Anna Von Reitz The Clearfield Doctrine (which Larry probably can't find, either) arises from a 1943 Supreme Court Case, Clearfield Trust Co. v. United States, 318 US 363-371. The essence of the case is that when an incorporated government uses private bank script as its currency it sinks to the level of any other incorporated entity, loses its sovereign status (if it ever had any) and becomes subject to the same laws as any other corporation. You can look up the actual case to your heart's delight, but it is also reprised in CJS, as I was kindly reminded tonight by a friend: Corpus Juris Secundum (CJS) 91 CJS United States sec. 4 ".....when the ...

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