Big Bang Theory: Will Adopting SOFR Trigger Sales On Swaps?

by confoundedinterest17 The Federal Reserve of New York developed the secured overnight financing rate, or SOFR, to overcome the shortcomings of LIBOR. (Bloomberg) — It’s being called the “big bang,” and it has derivatives traders on high alert. In a critical development in the global shift away from old benchmarks that was triggered by Libor’s shortcomings, interest-rate swaps on … Read more

Joe Biden has one of the worst records in US History.

The Biden family has spent decades in Washington, DC enriching themselves by selling access to Joe Biden's taxpayer funded office. Hunter Biden is corrupt. Jim Biden is corrupt. Joe Biden is corrupt. MUST WATCH!!!pic.twitter.com/6Q9zFnimDa — Donald Trump Jr. (@DonaldJTrumpJr) October 14, 2020     h/t Jake    

SICK! Joy Behar CHEERS Joe Biden’s Plan to Stonewall Voters Until they Vote for Him

https://www.youtube.com/watch?v=jXzGevjIaaA Virginia Kruta from The Daily Caller reports, “The View” host Joy Behar said Monday that she saw no problem with Democratic presidential nominee continuing to stonewall voters on the issue of packing the Supreme Court. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/10/12/jo…

California braces for renewed fire threat… Power cut to thousands…

California braces for renewed fire threat… SAN FRANCISCO (AP) — Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry, windy conditions renewed the threat of fire in a season already marked by deadly, devastating blazes. The utility announced that it had begun cutting power to … Read more

Joe Biden claims it’s unconstitutional to follow the Constitution, and he’s hiding from voters how he’ll DESTROY it if elected

by: JD Heyes (Natural News) Ever since it became apparent that Joe Biden was going to become the Democratic Party presidential nominee, two things have happened. One, the ‘mainstream media’ stopped talking about the massive amounts of money and inappropriate foreign connections his son, Hunter Biden, made while dad was vice president under the most corrupt man … Read more

How Amazon Makes Its Money

by visualcapitalist With a market cap of $1.7 trillion, Amazon is the most valuable retailer in the world. But the company has grown into more than just an online store. Amazon is now the proud owner of multiple billion-dollar revenue streams—but what are these different business segments, and how much does each unit contribute to the company’s overall … Read more

Clinton Foundation charged w/ evading up to $2.5 billion in taxes. IRS COLLUSION. Case to proceed by United States Tax Court!

And the hits just keep on coming! Remember the Tea Party and the IRS? What about all those appointed judges? (This happened when they brought up Trump’s taxes again) HUGE: Major whistleblower case against IRS Commissioner concerning Clinton Foundation corruption allowed to proceed by United States Tax Court! https://t.co/c2ZLGOtAp2 — Tom Fitton (@TomFitton) October 14, … Read more

BOMBSHELL: Newly declassified docs reveal Hillary Clinton plotted the “Russian collusion” hoax against Trump while CIA’s Brennan briefed Obama about it

by: JD Heyes (Natural News) The theory that the Obama administration, led by Barack Obama himself, plotted against the 2016 Trump campaign in part by fabricating the “Russian collusion” hoax is now officially no longer a theory — it’s a fact. Documents declassified on Tuesday by Director of National Intelligence John Ratcliffe — “at the direction of … Read more

If the President and the republican can’t win the election with this bombshell, there is no hope. It is payback time.

This is what Republicans must use to win the election. If they can not get the maximum effect of this criminal story they will loose a opportunity, a real october surprise. After Russia hoax and impeachmeant. It is time to hit back hard at the corrupt democratic party. If the cant use it, they are … Read more

Bank of America 2020 3Q earnings

Report Highlights: Net income: $4.9B (+40% from Q2, -15% YOY), net revenue: $20.3B (-9% from Q2, -11% YOY) Actual earnings/share: $0.51 (beats analysts est. $0.44) Interest-driven income is down (-17%), as is non-interest income (-4%) Report says non-interest income is a mixed bag from contributing revenue streams. Consumer fees are down, but results of trading … Read more

Not good: More than half of small business never came back, U.S. economy faces a long and uncertain road to regaining its pre-pandemic strength

MORE THAN HALF OF SMALL BUSINESS NEVER CAME BACK pic.twitter.com/grZ0XEKQlg — Win Smart, CFA (@WinfieldSmart) October 13, 2020 Fed Vice Chairman Richard Clarida says the U.S. economy faces a long and uncertain road to regaining its pre-pandemic strength https://t.co/Bzq44WygsJ — Win Smart, CFA (@WinfieldSmart) October 14, 2020

Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It… Half Workers Made Less Than $34,248.45 Last Year… 8 Million Slip Into Poverty

Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It… (Bloomberg) — Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say. About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of … Read more

‘New Illinois’ group prepares to declare independence from Illinois on Saturday

A group preparing to declare its independence from Illinois said residents are growing frustrated because they say they aren’t being properly represented at the Illinois statehouse. G.H. Merritt is the chairman of New Illinois, a nonprofit and nonpartisan group that plans to declare independence from Illinois from the Hancock County court steps this Saturday. “We have … Read more