1999 Repeal of Glass-Steagall was the worst deregulation ever enacted in US history. Creating Too-Big-To-Fail which caused 2008 Financial Crisis & Arguably The Unprecedented Jan 2021 (PCO or Cascading Bank Failure)
by ringingbells Focal Infographic 20th Century In 1929, the reasons the stock market crashed parrelelled the reasons during the 2008 financial crisis: underwriting. In 1929, it caused Black Tuesday and directly led to the Great Depression, and arguably WWII. June 16, 1933, Glass-Steagall was enacted to prevent it from ever happening again. June 6, 1934, the … Read more
The Single Most Bearish Thing about the Facebook/Meta Earnings (Don’t Buy the Dip ‘Tards)
by catbulliesdog Imho the single worst piece of news out of that mess last night was that the Apple privacy setting changes would knock $10B off of FB revenue. To me this means two things: Facebook doesn’t control its own revenue stream because it relies on outside partners it has no relationship with to enable its … Read more
These Socialists are Retarded
by Chris Black They all supported the lockdowns that destroyed small and medium businesses and hurt lower income people the most, and at the same time they work to block big companies from their area that will create new jobs just to virtue signal against corporations. Double whammy: destroy the little guys and help the … Read more
There is No Free Market Solution to Tech Censorship
by Chris Black The only possible way to preserve free speech on the internet is for the US government to run a public forum protected by the First Amendment. Naturally, people would distrust such a platform and it would be abused by the feds in some shape or form. But at least there would be … Read more
Emperor Greenblatt Orders Mercy for Whoopi Goldberg, As Long as She Agrees to be Re-educated
by Chris Black Jonathan Greenblatt is the real president of the United States. Yet his many speeches and addresses, where he tells you exactly what policies we will be living under, get barely a few hundred views on YouTube.
This is Weimerica In a Nutshell
by Chris Black High ranking judge is a wigger planning to have a swingers sex party in his judicial chambers. At hearing, he was condemned for ethical violations but no further action was taken. Kansas Supreme Court accepts finding that ‘Club Foreplay’ judge violated judicial rules https://t.co/lceMAhAmjU — Kris Ketz (@KrisKetzKMBC) January 28, 2022
The Bear Awakens
by Charles Hugh-Smith The bear has awakened, and it will not be limited to the stock market. The bear awakens from a long, uneasy slumber and the everything bubble is in trouble. I’m not going to make the bear case with charts or price-earnings ratios or sentiment readings or anything remotely financial. My bear case is a crisis of belief as … Read more
Students In Oakdale, CA Schools That Refuse To Wear Masks In Class Get Sent To The Gym. And Every Day The Gyms Fill Up With New People
https://twitter.com/backtolife_2019/status/1489194018860851200
Lagarde Pivots on ECB Rate Hikes as Switch in Guidance Seen Soon (US 10Y Yield Up 5BPS, Mortgage Rates To Follow)
by confoundedinterest17 Its the same all over the WESTERN world as sovereign yields are starting to rapidly rise. (Bloomberg) — European Central Bank President Christine Lagarde is no longer ruling out an interest-rate hike this year, a pivot toward the tightening stance of global peers that officials privately see materializing with a shift in policy guidance as soon as next … Read more
Biden visits NYC. Anti-mandate protesters chant f*ck Joe Biden
2/3/2022: Protest against mandates outside of 1 Police Plaza in NYC where Joe Biden met with Mayor Eric Adams and Gov. Hochul. #LetsGoBrandon #LGB #FJB #NYC #NYPD #mandates pic.twitter.com/RFKLacEaiM — NJEG Media (@NJEGmedia) February 4, 2022 h/t EastGhostReports
Skynews Australia exposes fake Canadian Unmarked Grave Scandal…
Turns out they were just tree roots and not bodys after all… AC
The Most Devastating speech in Congress EVER!
The path to American national security does not lie in American international interventionism. It lies in securing our southern border, not the Russia/Ukraine border. Our greatness is forged in our resistance to interference. pic.twitter.com/G1X3jiRkcU — Team Cawthorn (@teamcawthorn) February 2, 2022 h/t NukemHell
Liberal Women SWITCHING PARTIES More Than Ever! Democrats Continue To LOSE VOTERS!
https://www.youtube.com/watch?v=snK3dUj83Rs
These people just can’t be serious…
https://twitter.com/WallStreetSilv/status/1489378868611928066 Probably true for all major central banks for a period of time @peterdwilliams pic.twitter.com/G8HswV5x4k — Eric Burroughs 📈🏳️🌈 (@ericbeebo) February 3, 2022
New Super-Mutant HIV Strain Found in the Netherlands
A new super-mutant HIV strain that makes infected individuals ill twice as fast as current versions of the virus has been detected in the Netherlands. The new mutant — called the VB variant — has infected at least 109 people, according to a study by Oxford University. The strain damages the immune system and weakens … Read more
Germany: Fuel company hacked – can’t deliver fuel to gas stations Update: now Europe wider!
A hacker attack has placed the fuel tank has a warehouse of the company Oiltanking lame. Are affected by the Loading and unloading systems of the company, the loaded tank cars to provide to your customers – including mid-sized tank and corporations such as Shell. The tank logistics company Oiltanking has been the victim of … Read more