Scott Adams Tells Government Officials Who Are Receiving a Soaring Amount of Threats From the Public: “Take a F***ing Hint.”

https://twitter.com/_/status/1739291520308789477 Threats to public officials soaring, deputy attorney general says https://t.co/Y47G4wbOA5 — POLITICO (@politico) December 24, 2023 The Justice Department is seeing an “unprecedented rise” in threats to public officials, Deputy Attorney General Lisa Monaco said during an interview that aired Sunday. “On a weekly basis — sometimes more often — I am getting reports …

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INVESTORS ARE OUT: China’s Exchanges See Record Amount of Money Pulled Out as Economy Struggles

The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges in China have seen $24 billion leave the market through a trading link in Hong …

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The Amount of Federal and State Assistance Programs Masks the True Severity of the Current Crisis

by Chris Black There are actually more unemployed people of working age as a percentage now than the height of The Great Depression. While the ’70s stagflation was bad, the country still had a vibrant middle class and the process of gutting our infrastructure was just getting started. Main Street was still alive in the …

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In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537

by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537. Wut Mean?: Folks and businesses are …

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Michael Burry bought $1.6 billion in $SPY and QQQ puts, but the real value is much lower, not the amount paid.

Due to the way options are reported, this is a common misconception. Calculated portfolio weighting for options is incorrect because nominal value is reported. Nominal value is calculated as "the number of option contracts" × 100 × "the value of the underlying security." 2/6 pic.twitter.com/6nxCuBDDtK — The Kobeissi Letter (@KobeissiLetter) August 14, 2023 However, in …

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FDIC observed some institutions incorrectly reduced the amount reported to the extent the uninsured deposits are collateralized by pledged assets; this is incorrect as the existence of collateral has no bearing on the portion of a deposit that is covered by federal deposit insurance!

by Dismal-Jellyfish Source: https://www.fdic.gov/news/financial-institution-letters/2023/fil23037.html The FDIC observed that some insured depository institutions (IDIs) are not reporting estimated uninsured deposits in accordance with the instructions to the Consolidated Reports of Condition and Income (Call Report). For example, some institutions incorrectly reduced the amount reported to the extent that the uninsured deposits are collateralized by pledged assets; …

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Shot Through The Heart (Of The Economy)? US Debt UP By Same Amount In Last 4 Years Than It Did In First 221 Years (Minsky Moment When $192 TRILLION In Unfunded Liabilities Hits The Fan

by confoundedinterest17 Shot through the heart (of the economy), and they’re to blame. The Fed and Congress give government a bad name. When I see the faces of Alan Greenspan, Ben Bernanke, Janet Yellen and Jerome Powell, all I think of is …. the Minsky Moment brigade! From Zero debt in 1776 to $21 trillion in …

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Eating their own: CNN’s top legal analyst blasts DOJ for “preposterous” amount of time investigating Hunter Biden

This is preposterous! This has been pending, according to our reporting at CNN, since 2018. Five years?? And this, by the way. This investigation is not ‘the laptop’. This investigation is a tax issue – did Hunter Biden declare his income, and a sort of obscure gun law – did he possess a gun while …

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Barclays offered and sold $17.7 billion in securities, SEC requests an extension.

by Dismal-Jellyfish https://www.sec.gov/litigation/admin/2023/34-97632.pdf Source: https://www.sec.gov/litigation/admin/2023/34-97632.pdf In the Order, the Commission found that BBPLC failed to put into place any internal control around the real-time tracking of securities being offered or sold off of its Commission-registered shelf registration statements. As a result of this failure, between June 26, 2019 and March 9, 2022, BBPLC offered and sold an …

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