Month: June 2020

And It Begins —- Reddit Starts Banning Users For Their Upvotes

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Conde Nast’s Reddit on Sunday started issuing temp bans against users for upvoting wrongthink. This screenshot was shared by a user on r/WatchRedditDie, a subreddit which chronicles Reddit’s aggressive censorship: Reddit announced in February that users “who consistently upvote policy-breaking content within quarantined communities will receive automated warnings, followed by further consequences like a temporary or permanent suspension.” The level … Read more

FDA Recalls Hand Sanitizer

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FDA warns 9 brands of hand sanitizer may be toxic The FDA is warning that the public should stop using 9 brands of hand sanitizer because the products may contain methanol, or wood alcohol. The FDA said Friday that consumers should stop using any hand sanitizer from Mexico-based manufacturer SA de CV, due to the … Read more

Newt Gingrich: ‘Barbarians’ taking down statues are ‘anti-civilization’

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Watch the latest video at foxnews.com Historic monuments and statues have become the targets of anger and vandalism during Black Lives Matter protests in the wake of George Floyd‘s police custody death at the end of May. The initial statues under fire were Confederate soldiers and generals largely in the South due to the treatment of African-Americans, but … Read more

TWITTER: More Trump Lies

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What Trump Said: “The murder rate in Baltimore and Detroit is higher than El Salvador, Guatemala or even Afghanistan.” This Is False: Baltimore and Detroit do have higher murder rates than Guatemala and Afghanistan, but El Salvador’s rate is higher. Regardless, comparing the crime rates of cities to that of entire countries is misleading. https://twitter.com/CurtMills/status/1275022199183880192 Their … Read more

GENOCIDE: If You Believe Dems Want Anything Else, Think Again

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The Stanton paper was presented at the State Department in 1996, shortly after the Rwandan genocide, but it also analyzes the processes in the Holocaust, the Cambodian genocide, and other genocides. The preventive measures suggested are those that the United States, national governments, and United Nations could implement or influence other governments to implement. 1 Classification People are … Read more

NEW YORK: Two More Gunned Down In Broad Daylight

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  People are now being murdered in broad daylight in New York City. https://t.co/mNNSPUliaF — Ian Miles Cheong (@ianmiles) June 22, 2020 Ian Miles Cheong @stillgray People are now being murdered in broad daylight in New York City. https://twitter.com/Breaking911/status/1274496851757203459 h/t CrsCrpr

Big Banks Report Their Ultra-Wealthy Clients Are Rushing Into Gold

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Photo by Wikipedia.org | CC BY | Photoshopped From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The ultra-wealthy aren’t sold on the stock market recovery, Powell’s dovishness boosts gold prices, and Goldman rolls out yet another optimistic forecast for gold. Big banks are moving … Read more

Microsoft is shutting down Mixer and partnering with Facebook Gaming

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https://blog.mixer.com/2020/06/22/the-next-step-for-mixer/ It seems like they were trying to create a “gaming eco-system” with project x-cloud, mixer and x-box. The problem with this was mixer was getting very little users compared to video-streaming giants like Twitch and Youtube, simply because everyone was already on Youtube and Twitch and those companies had established their dominance and no-one … Read more

Home Sales Plunged Most since 2008, Condos -41%. First-Ever April-May Price Drop in Normally Red-Hot Spring Selling Season

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First signs of a very slow-moving mess. By Wolf Richter for WOLF STREET. Sales of existing homes (closed transactions of single-family houses, townhomes, condos, and co-ops) plunged 29% in May compared to May last year, not seasonally adjusted, to 340,000 homes, according to the National Association of Realtors. The “seasonally adjusted annual rate of sales” (SAAR) – which is … Read more

Tech #Bubble 2.0: It’s different this time. It’s worse, much much worse.

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  #recession … #Tech #Bubble 2.0 edition https://t.co/OWeBd3FElo — Invariant Perspective (@InvariantPersp1) June 22, 2020 "Don't fight the Fed" has 538 million Google results — this even tops the 348 million for "buy the dip". Most over-used refrain in today's market lexicon. — David Rosenberg (@EconguyRosie) June 22, 2020 The Fed’s Corporate Bond Buying Is … Read more

The HYPOCRISY is Unbelievable!

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The HYPOCRISY is Unbelievable! 💥 MUST WATCH & RT!!!! 👇🏼 pic.twitter.com/hH5aP9uk3c — TONY™ (@TONYxTWO) June 22, 2020 Girl is sick of your BS! https://streamable.com/2ipr7w CALIFORNIA: Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — Que Alanis Morisette Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — While … Read more

‘Studies estimate 42% of the 34 mil in jobless claims will be permanent…. So you’re transitioning from Depression to deep recessionary levels’

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WEBCAST “Studies estimate 42% of the 34 mil in jobless claims will be permanent. That’s 14.5 million or 10% unemployment. That’s right in line with the peak of the GFC. So you’re transitioning from Depression to deep recessionary levels.” WEBCAST "Studies estimate 42% of the 34 mil in jobless claims will be permanent. That's 14.5 … Read more

Are These Companies Really Investment Grade?

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ARE THESE COMPANIES REALLY INVESTMENT GRADE? pic.twitter.com/QXZw2gTLHe — Win Smart, CFA (@WinfieldSmart) June 22, 2020 There were 44 Potential Fallen Angels in January, per S&P Global Ratings. There are record 126 today. No surprise: The bulk of these entail "sectors most exposed to COVID-19-related social distancing measures." And oil & gas. $ https://t.co/Xwt7tPHrvQ pic.twitter.com/dxa20M168Q — … Read more

IT’S NOT ABOUT TESTING

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IT'S NOT ABOUT TESTING pic.twitter.com/IyGxh5TdDc — Win Smart, CFA (@WinfieldSmart) June 22, 2020 How is testing going? pic.twitter.com/zpQD2q3XCI — Win Smart, CFA (@WinfieldSmart) June 22, 2020 Philadelphia#coronavirus cases 24,841 and known Covid19 related death 1,553 @nytimes https://t.co/jPCXHEVVOs#Empathy #Wellbeing #SocialDistancing #WashYourHands #WearAMask #pandemic #PublicSafety#Philly #Philadelphia #Hospital #Healthcare #Health #Safety #Corpgov https://t.co/1eGh5Iuju1 pic.twitter.com/hy4HiocQjU — Farzana R Hossain … Read more

So part of Deutsche Bank’s lending to Wirecard in the form of a revolving credit facility ended up ***in a CLO that was sold on to other investors.***

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So part of Deutsche Bank's lending to Wirecard in the form of a revolving credit facility ended up ***in a CLO that was sold on to other investors.***https://t.co/g5Qw9sqhNP pic.twitter.com/dBYRY2CKSL — Tracy Alloway (@tracyalloway) June 22, 2020 #recession … #LeveragedLoan #CLOs edition Who wouldn't want to own a #CLO with #Wirecard #loans from #DeutscheBank? 🤦‍♀️ https://t.co/xkVVup8eqK … Read more

The stock market these days:

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The stock market these days: pic.twitter.com/d90zEkHlXt — Lyn Alden (@LynAldenContact) June 21, 2020 If you had any doubt about the direct and indirect impact of #CentralBanks on financial asset prices—and the moral hazard that comes with that—just have a look at these three headlines from this weekend's #Bloomberg terminal#economy #markets #Fed #ECB @federalreserve #investors pic.twitter.com/ULpx7WTlzY … Read more

CALIFORNIA: Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — Que Alanis Morisette

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Three Men in Thousand Oaks Arrested for Vandalizing Black Lives Matter Sign — While Hundreds of Violent BLM Activists Continue to Rip Down US Statues without Consequence Three men in Thousand Oaks, California were caught on camera vandalizing a Black Lives Matter flag. The owner put up a surveillance camera to catch the vandals of his sign. One of the villains … Read more