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
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
by RelationshipOk3565 “It’s a big club and you ain’t in it”. They going to cellar box the American citizens lol.
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
by Martin Armstrong Black Lives Matter (BLM) has become a money-laundering operation. The problematic organization used a catchy slogan to spread hate while the people in charge became millionaires. It recently came to light that the group purchased a mansion in Los Angeles for $6 million in October 2020 with charitable donations. Dyane Pascall, a BLM … Read more
The White House released a fact sheet Monday noting that President Joe Biden is nominating former President Barack Obama’s Harvard Law School classmate Steve Dettelbach to head the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF). The White House described Dettelbach as “a highly respected former U.S. Attorney and career prosecutor who spent over two … Read more
by Chris Black Thank you transhumanist brain implant man, very cool! “Everyone who signs up for Twitter Blue should get an authentication checkmark,” Musk tweeted on Sunday. He followed it up by saying that it should be different from “public figure” or “official account” checkmarks.#ElonMusk #Twitter https://t.co/xyWFlDqPR0 — Economic Times (@EconomicTimes) April 11, 2022
Elon its one, if not, the biggest entertainment of the normies worldwide. This its just shitshow. h/t Stevemagegod2
by Chris Black UK theater runs “family sex show” featuring full nudity for children as young as five years old. “Sexual development and behavior in children starts from birth” “We are hoping the show offers an alternative to porn” “It’s just talking about sex” But sure, the rainbow agenda totally isn’t about sexualizing kids and … Read more
by silvertomars
by Martin Armstrong In 2014, California basically decriminalized theft by permitting shoplifters to take what they please, as long as it was under $950. Prop 47, the Safe Neighborhoods and Schools Act, emboldened criminals to do as they please with no repercussions as they cannot be prosecuted for a felony charge. California does not aggregate … Read more
By Graham Summers, MBA Pop quiz… what is the single best performing stock market sector of 2022? If you guessed tech or Bitcoin, you’re incorrect. It’s actually energy. And it’s not even close. Energy stocks are destroying EVERYTHING, including cryptocurrencies. Forget bitcoin, have you thought about profiting from oil? Even more incredible is the fact … Read more
You can’t make an omelette unless you crack some eggs, but you can’t crack some eggs unless you can actually afford them… (by Half Dollar) I forgot to buy eggs last week when I made a purchase at Walmart. It’s probably a good thing though. Because I nearly fell out of my oversized bonded-leather recliner when … Read more
by: Stefan Gleason As Russia appears to be on the verge of defaulting on its debt, the U.S. debt market is also signaling trouble ahead. Treasury bonds, long considered to be among the safest investments, are rapidly plunging in value as yields surge. The largest T-bond exchange-traded fund, iShares 20+ Year Treasury Bond (TLT), has … Read more
by Simon Black On the morning of September 2, 1715, Philippe d’Orleans prepared for an impossible task. King Louis XIV had just died the day before after a painful struggle with gangrene, leaving his five-year old great grandson to inherit the throne. Philippe had been appointed regent the week prior, meaning that he would rule France … Read more
by Chris Black People still believe Elon Musk built PayPal. He didn’t build PayPal. He bought PayPal and sold it to Ebay. The company was never profitable. Just like how he made his first small fortune. He bought a video game off his friend and sold it. Elon has never built anything himself. He just … Read more
CNBC, Released on 4/11/22 Part 1 (parts 2 & 3 below) "There's a very, very narrow pathway for orderly disinflation," says @elerianm. "The market is starting to sense it that the Fed is going to push us into a recession because it has waited so long…I think the Fed is going to flip-flop–that's what I'm … Read more
by Chris Black That must have been too apocalyptic, so they made it three. I guess it was all the cars and industrial activity in 10,000 BC that caused sea levels to rise around 250ft and sink the continent that exists underwater around New Zealand. Also all the ancient cities went under water off the … Read more
by Chris Black The mainstream view on cryptocurrencies and blockchain technology is that it will bring you freedom. However, the truth is obviously the exact opposite of what’s advertised. So freedom is owning a tiny portion of something that a small minority owns the majority of? I don’t think people understand the concept of freedom. … Read more
Oregon’s chief justice this week sounded yet another alarm on the state’s deepening public defense crisis that has imperiled the prosecutions of people accused of serious crimes and each day strands more defendants without lawyers. In a letter to legislative leaders and Gov. Kate Brown, Supreme Court Chief Justice Martha Walters said the state’s inability … Read more