How Pension Funds Die, CalPERS Edition

BY JOHN RUBINO Say you’re running a big pension fund that – according to the politicians who are handing out ultra-generous benefits to public sector employee voters – has to generate 7% returns in order to meet the resulting obligations. But the bonds …

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The HYPOCRISY is Unbelievable!

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 …

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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.***

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 …

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Lower highs, lower lows since June 9, tired bull or a resting bear…

https://twitter.com/Convertbond/status/1274902568146276357 THE BEARS ARE BACK IN TOWN pic.twitter.com/0TQZHMIFQl — Win Smart, CFA (@WinfieldSmart) June 22, 2020 USD liquidity is now officially shrinking FAST! More in the FX weekly -> https://t.co/SGP4h92bhe pic.twitter.com/ue6A0EKio4 — Andreas Steno Larsen (@AndreasSteno) June 21, 2020

“WhoColor”, a browser extension that highlights which editors make which edits on Wikipedia pages. Invaluable for tracking the biases and hidden agendas of those anonymous scoundrels!

by clemaneuverers Did you know Wikipedia is governed by just 500 active administrators, whose real identity in many cases remains unknown? Moreover, studies have shown that 80% of all Wikipedia content is written by just 1% of all Wikipedia editors, which again amounts to …

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Tulsa Rally realities

ridiculous reporting on the why there were empty seats… many folks guessing posted this inside another post about it but felt it needed to stand on its own as well first-hand accounting of the rally below: “I WANT TO SHOW …

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KAROL MARKOWICZ: The ‘Cancel’ Crew Will Come for You Someday Soon…. ROGER KIMBALL: Trump’s Silent Majority Needs To Speak Up To Defend America.

via theepochtimes: Trump also made several serious points. Above all, he drew a sharp contrast between what he stood for—ordered liberty underwritten by the rule of law—and what the Democrats stand for: defunding the police, the destruction of our heritage, and …

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People attack your car. People block you from leaving. For your own safety, you drive through them. Headline “Far Right Using Cars As Weapons”—– Clown World.

by Playaguy Fun Fact. The media lies. Here is the video https://www.np.reddit.com/r/Anarcho_Capitalism/comments/hdf1kz/npr_headline_rightwing_extremists_are_turning/?utm_source=share&utm_medium=ios_app Link to NPR article for those interested: https://www.npr.org/2020/06/21/880963592/vehicle-attacks-rise-as-extremists-target-protesters And to further demonstrate the degree of fake news here, the “peaceful protesters” were arrested in this incident that was …

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CHAZ/CHOP: Dude Shows Us The Beauty Of The Autonomous Zone — Gets Immediately Robbed

https://streamable.com/1r94vz Video: Antifa Members Were Allegedly Beaten Up By Real BLM Protestors In CHAZ Before The Fatal Shooting Occurred https://www.rightjournalism.com/wp-content/uploads/2020/06/antifa-fights-blm.mp4 https://www.rightjournalism.com/video-antifa-members-were-allegedly-beaten-up-by-real-blm-protestors-in-chaz-before-the-fatal-shooting-occured/ ANDY NGO: My terrifying five-day stay inside Seattle’s cop-free CHAZ. Lacking agreed-upon leadership, those who have naturally risen to the …

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Catherine Austin Fitts – We are Watching the Mother of All Debt Entrapments. The Choice is Freedom or Slavery.

https://www.youtube.com/watch?v=1Pb5-qkMdFM&feature=emb_title Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the Covid-19 crisis is really more of a so-called “Plandemic.” Fitts says, “What we are seeing is a reengineering of the global financial system on the just-do-it …

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TULSA: Trump Supporters Boo CNN

Trump supporters booing the CNN reporters on the scene at the rally line #TrumpRallyTulsa #Tulsa #TulsaRally #TrumpRally pic.twitter.com/aZ8919xA7x — Brendan Gutenschwager (@BGOnTheScene) June 20, 2020     h/t CrsCrpr

Global Depression Worse Than 1930

GLOBAL DEPRESSION WORSE THAN 1930 pic.twitter.com/uIJHuuO2a3 — Win Smart, CFA (@WinfieldSmart) June 16, 2020 A bounce is not a recovery. Eurozone PMIs likely to remain in deep contraction in June.https://t.co/LEMzl31MLF pic.twitter.com/thlU9Hb9GG — Daniel Lacalle (@dlacalle_IA) June 20, 2020 Restaurant bookings …

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I have never been more convinced of anything in my life, this market is going to crash 50+% by the end of the year.

https://twitter.com/RetirementRight/status/1274374191043624960 https://twitter.com/bullmarketsco/status/1274357810575413250 CNN Fear/Greed Index's 20 day average is *EXTREMELY* high. Most recent one? January 2020, which wasn't a good time to buy stocks https://t.co/Sk0x4ybbkU — Win Smart, CFA (@WinfieldSmart) June 20, 2020 "Robinhood markets are going to end in …

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We are still very much in the first wave, globally!

We are still very much in the first wave, globally! ht @MaxCRoser pic.twitter.com/ajmCE5HkG2 — jeroen blokland (@jsblokland) June 20, 2020 GERMANY'S CORONAVIRUS REPRODUCTION RATE 'R' RISES TO 1.79 – RKI HEALTH INSTITUTE — *Walter Bloomberg (@DeItaone) June 20, 2020 https://twitter.com/ThinkTankCharts/status/1274400497772965888 …

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