Bitcoin’s Repute in Texas

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Bitcoin in the USA is a new website that allows users to buy and sell bitcoins in the United States. The site is still in beta but is already operational. The site allows for transactions to be made in US dollars, and also supports other currencies such as EUR, CAD, and GBP. The site charges … Read more

Average salary in Los Angeles is $68,000. One unit of homeless housing in LA rings in at $837,000. “You’ll own nothing and you’ll be happy.”

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by squaremild While massive companies like Blackrock get 0% interest Fed money to buy housing at 25% over asking price normal citizens are left blinking at the exorbitant cost of addressing the homeless crisis as fuel and food skyrocket. 1200 units, 6 years, 1 billion dollars. In the last couple of years the homeless population … Read more

Joe Rogan Slams Pelosi for ‘Insider Trading’

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Joe Rogan has blasted House Speaker Nancy Pelosi, D-California, and members of Congress for profiting from equities from a position of regulatory power. Referring to Pelosi’s husband, venture capitalist Paul Pelosi’s, purchase of over $2.2 million in Tesla stock options on March 17th, the famous podcaster attacked Pelosi’s positions on the issue. “If you know someone … Read more

USPS has suspended mail service in parts of Santa Monica, CA!

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USPS has suspended mail service in parts of Santa Monica, CA because the mailmen kept getting assaulted and attacked. They say it’s not safe for people to be delivering mail. Unreal. California is a shit-hole. https://twitter.com/libsoftiktok/status/1513657296194207744 https://twitter.com/BrokerManCA/status/1513617679592005633 h/t John Dutton

America has more oil than ALL of Middle East, so why isn’t THAT all over the news?

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(Natural News) Ever heard of the Bakken? It’s a stretch of land that connects Canada to North Dakota, and on down into Northern Montana. New technology now makes major oil wells available, including the Bakken reserves, or Williston Basin, that we couldn’t access before, even though we knew they existed. This is ready and accessible … Read more

Federal Reserve Alert! Statement Regarding Standing Repo (RRP) Facility Counterparty Eligibility Criteria.

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by Dismal-Jellyfish Source The requirement for these institutions to have total U.S. Treasury, agency debt and agency mortgage-backed securities holdings equal to or greater than $5 billion or total assets equal to or greater than $30 billion is being reduced to $2 billion and $10 billion, respectively. All other eligibility criteria and expectations remain the … Read more

FICC Alert! Proposed rule to amend the Mortgage-Backed Securities Division Clearing Rules to move certain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, and more.

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by Dismal-Jellyfish This looks, to my non-lawyer brain, to be a way to reduce the member’s margin requirement. These mark-to-market items and others are moved from “Required Fund Deposit” so they won’t count against the margin requirement, as stated here: The Required Fund Deposit serves as each Clearing Member’s margin. The objective of the Required … Read more

Out Of Control Inflation Is Absolutely Eviscerating America’s Rapidly Shrinking Middle Class

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by Michael I tried to warn you that the U.S. was going down the exact same path that Venezuela had already traveled.  Once upon a time, Venezuela actually had a thriving middle class, but then a horrific inflation spiral came along and destroyed it.  Thanks to hyperinflation, just about everyone in Venezuela became millionaires, but just … Read more