Citibank gets screwed out of some $500 million when judges say recipient cos. don’t have to pay it back!

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Citigroup intended to make a loan interest payment of $7.8m to Revlon’s lenders But the bank accidentally wired $893m, an entire loan not due until 2023   Some lenders returned the money but others refused, leaving Citi $501m short Citi sued but a judge ruled in the lenders’ favor because the money was owed A judge … Read more

Facebook blocking news to Australia

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Facebook said Wednesday it will block users in Australia from accessing news content on its platform, in response to proposed legislation that would force it to pay news publishers in the country. “The proposed law fundamentally misunderstands the relationship between our platform and publishers who use it to share news content,” William Easton, Facebook’s Australia … Read more

The U.S. Congress passes the REAL ID Modernization Act on December 30, 2020

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Congress passes REAL ID Modernization Act December 30, 2020 The U.S. Congress has passed the REAL ID Modernization Act, which updates identification requirements set 15 years ago by the 9/11 Commission. “This new law marks another important step toward meeting the 9/11 Commission’s recommendations to close dangerous vulnerabilities to terrorist travel & fraud,” Acting Secretary … Read more

Videos of pipe bursts from Texas

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https://twitter.com/thekarami/status/1361877136097701893 https://twitter.com/ItsDeanBlundell/status/1362042261501009926 https://twitter.com/cuhwhen/status/1361801377056317440 https://twitter.com/RetirementRight/status/1362199577193930753 h/t javierruizleon

Rush Limbaugh died

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Rush Limbaugh, the monumentally influential media icon who transformed talk radio and politics in his decades behind the microphone, helping shape the modern-day Republican Party, died Wednesday morning at the age of 70 after a battle with lung cancer, his family announced. Limbaugh’s wife, Kathryn, made the announcement on his radio show. “Losing a loved one is terribly difficult, even more … Read more

Beware of small implosions because they can set off a wave that can destabilize the whole, especially when it is on a shaky foundation.

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Beware of small implosions because they can set off a wave that can destabilize the whole, especially when it is on a shaky foundation. https://t.co/HIsjtoxxcb — AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) February 17, 2021 Downgrades pic.twitter.com/IBOuBHV9zn — *Walter Bloomberg (@DeItaone) February 17, 2021 never a good sign for tech when real yields move higher pic.twitter.com/5tSMqUu80s — Alastair … Read more

Oil Prices Soar As U.S. Oil Production Plunges 30%

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By Irina Slav West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusually cold weather to a large part of the U.S. froze—literally—a third of oil production. Citing unnamed sources from the industry familiar with the details, Bloomberg reported that U.S. oil production is now 3.5 million bpd lower than it was before the … Read more

GLENN GREENWALD HAS A LIST. AND IT’S A LONG LIST. The False and Exaggerated Claims Still Being Spread About the Capitol Riot.

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via greenwald: What took place at the Capitol on January 6 was undoubtedly a politically motivated riot. As such, it should not be controversial to regard it as a dangerous episode. Any time force or violence is introduced into what ought to be the peaceful resolution of political conflicts, it should be lamented and condemned. But … Read more

The situation in Texas isn’t a joke.

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by dpow Sorry for the long post, but people are really starting to piss me off, and I feel obligated to go on a bit of a rant here. I see that there are quite a few people on GLP that are telling Texans “Suck it up wimps! It’s just a little cold! You would never … Read more

CNN, NBC Paid Left-wing Capitol Rioter $35,000 Each for Footage of Violence

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CNN and NBC each paid left-wing filmmaker John Sullivan $35,000 for his footage of violence during the Capitol riot, according to court documents filed by his attorneys. The radical agitator got paid.🔻https://t.co/QthYSK2izC — Kyle Becker (@kylenabecker) February 17, 2021 Politico reported Tuesday that a federal magistrate judge allowed Sullivan to keep his Twitter and Facebook accounts, “but … Read more

Parler Relaunch is a Total Disaster, Bans MILO

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By Chris Black Parler, also known as Republican Twitter, was relaunched this week. According to some naïve people, Parler is supposed to be a free speech alternative to Twitter, but truth be told we already have that for years. And obviously I am talking about Gab. Just to refresh your memory, Parler was basically deplatformed … Read more

Texas running out of food. Biden’s promised Dark winter is here.

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 All the best. Storm info for the beginning of the day on Wednesday Feb 17 Customers Power Out (not people – customers) Texas 2,777,129 Oklahoma 12 Arkansas 465 Louisiana 45,849 Missouri 237 Kansas 17 Kentucky 102,590 https://poweroutage.us/ No other state appears to have had the electrical distribution system collapse that Texas has had. With the … Read more

Deep freeze sends Texas electricity prices soaring 10,000%

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Tonight: A deep freeze sends Texas electricity prices soaring 10,000%; Citibank can’t fix a $500 million oopsie; and vegan KitKats are now a thing. Let’s get into it. FROZEN OVER Unthinkably cold temperatures have knocked Texas’ energy facilities offline. Electricity prices spiked more than 10,000% when the winter storm hit this week. There are blackouts … Read more